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411 EWEN Avenue
Queensborough New Westminster V3M 5B5

$2,200,000
Land Commercial, Multi-Family Commercial

Main Photo: 411 EWEN Avenue in New Westminster: Queensborough Land Commercial for sale : MLS®# C8055921
Photo 1: 411 EWEN Avenue in New Westminster: Queensborough Land Commercial for sale : MLS®# C8055921
Photo 2: 411 EWEN Avenue in New Westminster: Queensborough Land Commercial for sale : MLS®# C8055921
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8055921
Land Assembly Opportunity up to 1.0 Acres and possibly more. 5 contiguous lots on Ewen Avenue with frontage on Stanley Street and Derwent Way. The Official Community Plan calls for (RM) Residential - Multiple Unit Buildings. Allows for Townhouses, row houses, stacked townhouses, and low rise apartment buildings. There are low rise apartment buildings in the area with underground and above ground parking. Also 250 townhouse development now underway across the street. End Unit pricing in the area is close to $800+ per square foot for low rise apartment, or townhouse product. Rental apartments are a great option.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Total Floor Area:
2,348 sq. ft.
Lot Area:
8,712 sq. ft.
Acres Freehold:
1 acre(s)
Lot Depth:
132
Lot Frontage:
65'
Land Use/Zoning:
M1
Permitted Use:
Mixed Use, Multifamily (5+)
Taxes:
$3,462.32 / 2023
Services Connected:
Fully Serviced
Water Supply:
Municipal
Roof:
Sewer Septic:
Septic Tank & Field
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 411 EWEN Avenue in New Westminster: Queensborough Land Commercial for sale : MLS®# C8055921
    Photo 1 of 2
  • Photo 2: 411 EWEN Avenue in New Westminster: Queensborough Land Commercial for sale : MLS®# C8055921
    Photo 2 of 2
Listed by Macdonald Realty and Macdonald Commercial Real Estate Services Ltd.
Data was last updated March 1, 2024 at 01:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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