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727 Fourth Avenue
GlenBrooke North New Westminster V3L 2W4

$1,750,000
Multi-Family Commercial

Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8075255
Build. Type:
Low Rise (2-4 storeys)
4+% CAP Rate - an excellent opportunity to acquire a 10-unit rental apartment building, situated just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers significant rental-revenue upside thanks to its prime location and potential for income growth. RM-2 Zoning allows low-rise apartment development up to 1.8 FSR.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Mixed
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys)
# Bldgs:
1
# of Apartments:
10
# of Studio Apartments:
5
# of 1 Bedroom Apartments:
4
# of 2 Bedroom Apartments:
1
Year built:
1944 (Age: 82)
Living Area:
0 sq. ft.
Lot Area:
8,276.4 sq. ft.
Zoning:
Potential to Redevelop:
RM-2 Zoning allows low-rise apartment development up to 1.8, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Mixed
Electricity:
Yes
Services Connected:
Electricity Connected
Parcel Number:
013455401
Taxes:
$8,018.42 / 2025
No
Water Rights:
No
Roof:
Potential to Redevelop:
RM-2 Zoning allows low-rise apartment development up to 1.8, No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated January 17, 2026 at 04:05 AM (UTC)
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