Multi Family

521 VICTORIA Street
Downtown NW New Westminster V3L 1C6

$1,899,000
Multi-Family Commercial

Main Photo: 521 VICTORIA Street in New Westminster: Downtown NW Multi-Family Commercial for sale : MLS® # C8012352
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8012352
Status:
Active
Build. Type:
Low Rise (2-4 stories)
Best priced 9 units multiple family building Located in the heart of New Westminster's Downtown Neighbourhood. Mixed-use density zoning with possible an overall 5.2 FSR density. 5 minute walk to both the New Westminster and Columbia Skytrain stations. Douglas College, one of BC's largest public colleges is situated one block to the west, with shopping, restaurants, and entertainment all within minutes of the subject property. The subject site runs next Sixth Street and Victoria Streets. Rare lot offering excellent exposure. Opportunity to acquire 5 lots totaling 17,400 square foot mixed use development site with holding properties in New Westminster's core Downtown neighbourhood.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Construction:
Wood Frame, Mixed
Building Type:
Low Rise (2-4 stories)
# Units:
9
# Storeys:
2.0
Year built:
1953 (Age: 64)
Land Use/Zoning:
C-4
Taxes:
$4,842.46 / 2016
Services Connected:
Electricity, Telephone, City Water
Water Supply:
Municipal
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
$23,000
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 521 VICTORIA Street in New Westminster: Downtown NW Multi-Family Commercial for sale : MLS® # C8012352
    Photo 1 of 1
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Listing information last updated on 29-Jul-2017 1:05 AM