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411 Third Avenue, New Westminster
EXCELLENT HOLDING PROPERTY FOR FUTURE DEVELOPMENT, PRIME LOCATION IN QUEENS PARK. 11 UNIT APARTMENT BUILDING. Trophy property, large land parcel and all three lanes of the block converge to this site, non-heritage, legal 10 suites, all self contained, plus one additional suite and separated metered for all utilities, hydro, gas, cable. Additional separated building with 5 bay garage with good revenue as well. Benchmark property with excellent revenue and yet much less entry cost, excellent cape rate with future development upside. Recent Queens Park OCP 2041 proposed for medium density transition zone towards 6th St. high rise zoning. Newer high efficiency Super Hot smart boiler system, all electrical and copper piping done in 1990's, clean environmental phase 1 recently completed.
- MLS® #R2412217
- Full Baths8
- Square Footage8,260
- Year Built1912
- Listing Office:Re/max Select Properties
- Address411 Third Avenue
- AreaNew Westminster
- SubdivisionQueens Park
- CityNew Westminster
- Zip CodeV3L 2S3
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Listing information last updated on December 12th, 2019 at 7:15am CST.