For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
Mortgage rates are estimates of current rates. No fees are included.
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727 Fourth Avenue, New Westminster
MLS®: R3080584
$1,750,000
mtg / month
4000
Sq.Ft. 10
Baths 8
Beds 8,154
Lot SqFt 1944
Built
8,154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning permits low-rise apartment redevelopment up to 1.8 FSR, providing a path to redevelopment in addition to value-add potential.
Taxes (2025): $8,018.42
Amenities
Balcony
Listed By: Macdonald Commercial Real Estate Services Ltd.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.