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220 MANITOBA Street
Queens Park New Westminster V3L 1J2

$4,238,000
Multi-Family Commercial

Main Photo: 220 MANITOBA Street in New Westminster: Queens Park Multi-Family Commercial for sale in "Tipperary Apartments" : MLS®# C8060706
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8060706
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Macdonald Commercial is proud to present a unique opportunity to acquire a well-located, prime 18-unit rental apartment building in New Westminster, BC. The building offers spacious suites with each suite boasting a balcony or patio! Built in 1968, this three-storey wood frame building features 18 residential rental suites built on a concrete foundation. The majority of the suites have been renovated and offer ample storage and a balcony/patio. 16 undercover gated parking stalls and 2 covered non-gated stalls are provided behind the building. Since 2010, all suites have been updated with newer kitchens and bathrooms. Here is a lucrative opportunity to own an exceptionally maintained residential rental building in a centrally-located area experiencing high rental demand!
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Other Units:
# of Bachelor Appartments:
2
# of 1 Bedroom Appartments:
16
# Storeys:
3.0
Total Floor Area:
0 sq. ft.
Minimum Divisible Area:
0 sq. ft.
Lot Area:
10,830.47 sq. ft.
Lot Depth:
99.82
Lot Frontage:
108'6"
Land Use/Zoning:
RM-2
Permitted Use:
Multifamily (5+)
Taxes:
$13,515.06 / 2023
# Elevators:
1
Roof:
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 220 MANITOBA Street in New Westminster: Queens Park Multi-Family Commercial for sale in "Tipperary Apartments" : MLS®# C8060706
    Photo 1 of 1
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated October 10, 2024 at 09:10 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.