Status:: Active

Prop. Type:: Multi-Family Commercial

MLS® Num:: C8059619

Bus Major:: Real Estate Services

Bus Minor:: Property Management

Build. Type:: Low Rise (2-4 stories)

Queens Court is an exceptionally well-maintained 10-suite, three-storey rental apartment building located in the highly desirable Queen's Park area of New Westminster. This building was built in 1911 and has spacious suites consisting of 10 units with a suite mix of 8 one-bedroom & dens, and 2 two-bedrooms with less than a 0.5% vacancy rate. It sits on a large south-facing 18,216 SF corner lot with remarkable frontage that adjoins a city park. This property features original hardwood floors, heritage furnishings & decor, common area patio, tenant storage lockers, common area washer/dryers, lane access with 4 enclosed garages , 6 covered parking spaces and ample street parking.

General Info:

Sale Type:: Asset

Business Name:: Dayland Developments Ltd.

Major Bus Type:: Real Estate Services

Minor Bus Type:: Property Management

Bus Op Since:: 2001

Construction:: Brick/Masonry, Wood Frame, Mixed

Building Type:: Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)

Name of Complex/Subdivision:: Signup

# Bldgs:: 1

# Units:: 10

# Other Units:: Signup

# of Appartments:: 10

# of Studio Appartments:: 0

# of Penthouse Appartments:: 0

# of Bachelor Appartments:: 0

# of 4+ Bedroom Appartments:: 0

# of 1 Bedroom Appartments:: 8

# of 2 Bedroom Appartments:: 2

# of 3 Bedroom Appartments:: 0

# Storeys:: 3.0

Year built:: 1911 (Age: 113)

Total Floor Area:: 13,182 sq. ft.1,224.65 m2

Minimum Divisible Area:: 0 sq. ft.0 m2

Lot Area:: 18,216 sq. ft.1,692.32 m2

Lot Depth:: 132

Lot Frontage:: 138'42.062 m

Land Use/Zoning:: RS-4

Permitted Use:: Multifamily (5+)

Taxes:: $18,850 / 2023

Amenities (Commercial):

Laundry Facility, Secured Building, Secured Parking

Other Details:

# Elevators:: 0

Services Connected:: Cable, Curb; Gutter, Electricity, Garbage Collection, Lane Paved, Natural Gas, Telephone, Sanitary Sewer, Sewer - Storm, Street Lighting

Water Supply:: Municipal

HVAC:: Common Water Heater, Hot Water

Roof:: Signup

Sewer Septic:: Municipal/Community

Potential to Redevelop:: No

Env Assmt Phase:: No

Business Info:

Cap Rate %:: Signup

Other Income:: Signup

Effective Gross Income:: Signup

Gross Income:: Signup

Oper. Expenses:: Signup

Net Operating Income:: Signup

Tot Gross Sales:: Signup

Condo Fee:: Signup

Listing Info:

Previous Price:: Signup

Original Price:: Signup

Your Satisfaction Is My Top Priority

New MLS Listings – New Westminster Commercial Real Estate for Sale

115 SECOND Street
Queens Park New Westminster V3L 2K4

$3,550,000
Multi-Family Commercial

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