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$1,599,000

1217 Sixth Avenue, New Westminster, BC, V3M 2C1

MLS® # R3161624

2 Beds

Baths

3025  FEETSQ

QuickQuoteTM: $1.5M - $1.9M

New Westminster BC, V3M 2C1

MLS® # R3161624

Property Information:

Generate steady $8,900 monthly rental income while designing your next masterclass project at 1217 Sixth Avenue, New Westminster! Set in the desirable West End, this massive 8,164 sq. ft. corner lot boasts an impressive 66-foot frontage and exceptional 6-plex development potential (RD-1 zoning). The existing 1926 character home functions as a cash-flowing rooming house, letting your investment pay you from day one. Offered as a court-ordered, "As-Is, Where-Is" opportunity, this is a rare chance for visionary developers to secure a high-yield holding just steps from transit, schools, and the vibrant 12th Street corridor. Don't let this Royal City gem slip away! (Buyer to verify all development potential with the City of New Westminster).

Building Features:

  • Floor Space: 3025 Square Feet

Property Features:

  • Bedrooms: 2
  • Bathrooms: 3+0
  • Annual Tax Amount: $7,623
  • Appliances: Washer/Dryer, Dishwasher, Refrigerator, Microwave, Oven
  • Basement: Finished
  • Built in: 1926
  • Community Features: Shopping Nearby
  • Floor Space (approx): 3025 Square Feet
  • Heating: Forced Air, Hot Water, Natural Gas
  • Interior Features: Storage
  • Levels: Two
  • Lot Features: Central Location, Recreation Nearby
  • Lot Frontage: 66 Feet
  • Lot Size: 8164.00 Square Feet
  • Parking Features: Open, Front Access, Concrete, Paver Block
  • Road Surface Type: Paved
  • Structure Type: Residential Detached

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity 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 the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Location of 1217 Sixth Avenue, New Westminster, BC, V3M 2C1

Demographic Information of 1217 Sixth Avenue, New Westminster, BC, V3M 2C1

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$101,050.43

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.15 %

High school certificate or equivalent

30.04 %

Apprenticeship trade certificate/diploma

8.54 %

College/non-university certificate

18.61 %

University certificate (below bachelor)

2.73 %

University Degree

25.93 %

Commuter

Travel To Work

By Car

64.53 %

By Public Transit

27.11 %

By Walking

3.19 %

By Bicycle

0.23 %

By Other Methods

4.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

78.11 %

Houses

21.89 %

Own Vs. Rent