621 Eighth Street
621 Eighth Street
- 621 Eighth Street
- 621 Eighth Street
- Cap rate
- 2.48
- Zoning
- RM-4
- PID
- 003-442-86
- Property type
- Multi-family Property
- Legal description
- LOT 20 SUBURBAN BLOCK 13 PLAN 30195
A well-located, prime 84-unit concrete high-rise apartment building, centrally located in New Westminster, BC. The building offers spacious suites with each suite boasting two balconies! There is major rental income upside considering the size of these units. A concrete high-rise in a prime location with significant rental upside is a rare opportunity – don’t miss out!
The subject property is centrally located on the southeast corner of Eighth
Street and Princess Street. Next door is the Royal City Centre and across
the street is Moody Park. Downtown New Westminster is a short five-min–
ute drive down Eighth Street. Here you will find the Westminster Quay,
offering attractions including the Westminster Quay Boardwalk, Quay–
side Park, River Market, and an abundance of shops and restaurants. The
New Westminster SkyTrain station is also located downtown, connecting
residents to Downtown Vancouver and other municipalities in the Lower
Mainland via rapid transit. This central and convenient New Westminster
location provides tenants the convenience of having many services and
amenities within steps from their front door.
