RE/MAX Real Estate Services Blog
Posted in: Uptown NW, New Westminster Real Estate
Property listed at 841 ROYAL AVE in New Westminster.
841 Royal Avenue: 6 unit Strata Titled building on a 5021 sq.ft. lot in heart of Uptown New West. The 9 yr old Heritage building was completely rebuilt to "new", strata plan registered in 2012; 5 – 2 bdrm and 1 – 1+ Den suites ranging in size from 659 sq.ft. to 929 sq.ft., total living area 4517 sq.ft. (from Strata plan). All suites are attractive, well finished, 5 appliances, in-suite laundry, all with separate, townhouse style entrances. Income currently well under market from good, longer term tenants. Current Assessed Value (aggregate) = $2,681,000. Similar aged & sized condos in area selling @ average $650/sq.ft. which applied here = $2,936,000 aggregate. This is a very easy care investment and fantastic value with obvious upside. Showing by Appt Only COVID Rules, min 2 Day Notice. Contact LS for Viewing, Info Pkg.