My Office Listings

217 Royal Avenue
Queens Park New Westminster V3L 1H4

$4,990,000
Commercial Sale

Main Photo: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 1: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 2: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 3: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 4: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 5: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 6: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 7: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 8: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 9: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 10: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 11: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 12: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 13: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 14: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
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Photo 16: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 17: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 18: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 19: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 20: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 21: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 22: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 23: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 24: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 25: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Photo 26: 217 Royal Avenue in New Westminster: Queens Park Commercial Sale for sale : MLS®# C8052084
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8052084
Build. Type:
Freestanding
DEVELOPER & INVESTOR ALERT, great FREE STANDING income generating property for sale with potential HIGH RISE RESIDENTIAL REDEVELOPMENT opportunity. This 4-Storey multi-family building located in vibrant Queens Park with stunning Panoramic River Views from south exposure. There are 19 1-bedroom units include 2 penthouse suites with free parking in back yard, well maintained for a cozy & quiet living atmosphere, hardwood floor, 7 years old high efficiency Boiler, around 12 years old Water Tank, Re-Roofing 6 years ago, newer Double Glazed Windows and paint... Positive cash flow keeps sustainable to meet strong rental demand. OCP: RH (RESIDENTIAL–HIGH RISE), potential for high density residential redevelopment. Central location, steps to Downtown New West, close to all your daily needs, such as transits, parks, schools, shopping and Douglas College. Walk Score: 80/Very Walkable. Great opportunity for developers & investors. Showing only by appointment! Do not walk through property, do not bother occupants!
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Multi Family
Construction:
Frame Wood, See Remarks
Num Storeys:
4
Building Type:
Freestanding, Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
# Units Total:
19
# Other Units:
0
# of Apartments:
19
# of Studio Apartments:
0
# of Penthouse Apartments:
2
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
17
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1961 (Age: 64)
Living Area:
11,347 sq. ft.
Subject Property Depth:
163'
Subject Property Width:
54'2"
Title to Land:
Freehold
Lot Area:
8,872.55 sq. ft.
Current Use:
See Remarks
Potential to Redevelop:
RESIDENTIAL HIGH RISE REDEVELOPMENT, No
Road Surface:
Paved
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Garbage Collection
Sewer:
Public Sewer
Parcel Number:
004147537
Taxes:
$17,305.26 / 2023
Balconies, Laundry Facility, Paved Yard
No
3.22% ON FIRST $100,000 / 1.3% ON BALANCE
No
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
RESIDENTIAL HIGH RISE REDEVELOPMENT, No
Env Assmt Phase:
No
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Virtual Tour

Listed by Nu Stream Realty Inc.
Data was last updated April 3, 2025 at 04:40 PM (UTC)
Ali Asi