404 Royal Avenue, New Westminster, BC, V5Y 2B1 - investment for sale | Listing ID C8054811

404 ROYAL AVENUE, New Westminster, British Columbia, V5Y 2B1

MLS® # C8054811

Investment For Sale In Downtown, New Westminster, British Columbia

$2,850,000

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404 Royal Avenue, New Westminster, BC - Outdoor

404 Royal Avenue, New Westminster, BC - Outdoor With Exterior

404 Royal Avenue, New Westminster, BC - Indoor Photo Showing Living Room With Fireplace

404 Royal Avenue, New Westminster, BC - Indoor Photo Showing Kitchen With Double Sink

404 Royal Avenue, New Westminster, BC - Indoor Photo Showing Kitchen

404 Royal Avenue, New Westminster, BC - Indoor

404 Royal Avenue, New Westminster, BC - Indoor Photo Showing Bedroom

404 Royal Avenue, New Westminster, BC - Indoor Photo Showing Other Room

404 Royal Avenue, New Westminster, BC - Indoor Photo Showing Bathroom

404 Royal Avenue, New Westminster, BC - Indoor Photo Showing Laundry Room

404 Royal Avenue, New Westminster, BC - Other

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404 ROYAL AVENUE, New Westminster, British Columbia, V5Y 2B1

$2,850,000

Property Information:

TURN-KEY INVESTMENT- 4PLEX fully rented! Gross income $11,220 per month. CAP 4%. Each unit are spacious 2 level, 3 bedrooms, 1.5 bath, in-suite laundry, approx 1200sq ft per unit + BONUS outdoor space and very private, surrounded by greenery. Ample parking and storage in the back of building. Excellent location with 88 walk score- 5 min walk to skytrain, 7 min to water, 1 block to City Hall & Park, 2 blocks to Douglas College. Many upgrades done including numerous new windows and sliding doors, 2 new kitchens, flooring, 3 freshly painted units, new fences, new bathrooms, landscaping etc...! OCP designated as Mid Rise Apartment- rezoning potential! 350m to Columbia Skytrain (3.0FAR allowance per TOD legislation). (id:27)

Building Features:

Floor Space: 5208 Square Feet

Property Features:

Property Type: Multi-family
Built in: 1979
Floor Space (approx): 5208.00 Square Feet
Lot Size: 6534.00 Square Feet
Storage Type: Outside Storage
Utility Type: Hydro - Available, Sewer - Available, Telephone - Available
Zoning: RM6A

Courtesy of: Oakwyn Realty Ltd.

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Market Price Trends

Location of 404 ROYAL AVENUE, New Westminster, British Columbia, V5Y 2B1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

28 hot days expected in 2050

Projected Storm Risk: Exteme

14 storms expected in 2050

Projected Heat Risk: Significant

28 hot days expected in 2050

36/100

Significant

ClimateCheck®

Current data

This property, 404 ROYAL AVENUE , experiences 7 hot days per year at around 28.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 31.6 degrees Celsius.

Projected Avg. Temperature

Past

28.3℃

2050

31.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

14 storms expected in 2050

96/100

Exteme

ClimateCheck®

Current data

This property, 404 ROYAL AVENUE , experiences 12 significant 2-day storms per year, with about 594.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 687.7mm of precipitation per year.

Precipitation Per Storm

Past

594.6mm

2050

687.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 404 ROYAL AVENUE, New Westminster, British Columbia, V5Y 2B1

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$103,628.83

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.0 %

High school certificate or equivalent

23.47 %

Apprenticeship trade certificate/diploma

5.76 %

College/non-university certificate

19.78 %

University certificate (below bachelor)

2.93 %

University Degree

40.07 %

Commuter

Travel To Work

By Car

56.92 %

By Public Transit

32.03 %

By Walking

8.56 %

By Bicycle

0.7 %

By Other Methods

1.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.77 %

Houses

5.23 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 404 ROYAL AVENUE, New Westminster, British Columbia, V5Y 2B1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 404 ROYAL AVENUE, New Westminster, British Columbia, V5Y 2B1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

404 ROYAL AVENUE, New Westminster, British Columbia, V5Y 2B1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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