727 Fourth Avenue
GlenBrooke North, New Westminster
$1,690,000
Bedrooms: 8
Bathrooms: 10
Living Area: 4,000 sqft
Price Per Sqft: $422.50
About this House
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 long-term density and value-add potential.
Listed by Macdonald Commercial Real Estate Services Ltd..
| MLS® | R3102988 |
| Type | House |
| Bedrooms | 8 |
| Bathrooms | 10 |
| Square Feet | 4,000 sqft |
| Lot Size | 8,154 sqft |
| Full Baths | 10 |
| Half Baths | 0 |
| Taxes | $8018.42 |
| Basement | None |
| Storeys | 2 storeys |
| Year Built | 1944 |
| Style | Other |
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MACDONALD REALTY LTD. #100 - 2429, 152 Street, Surrey BC V4P 1N4
