8,154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning permits low-rise apartment redevelopment up to 1.8 FSR, providing a path to redevelopment in addition to value-add potential.
Property Type:
Residential
Dwelling Type:
Other
Home Style:
Other
Ownership:
Freehold NonStrata
Year built:
1944
(Age: 82)
Living Area:
4,000 sq. ft.372 m2
Floor Area - Unfinished:
0 sq. ft.0 m2
Building Area - Total:
4,000 sq. ft.372 m2
Bedrooms:
8
(Above Grd: 8)
Bathrooms:
10.0
(Full:10/Half:0)
Kitchens:
0
Rooms:
8
Taxes:
$8,018.42 /
2025
Lot Area:
8,154 sq. ft.758 m2
Outdoor Area:
Balcony
Water Supply:
Public
Plan:
NWP2620, NWP14414
Construction Materials:
Frame Wood, Other (Exterior), Stucco
Foundation:
Other
Foundation Description:
Not Verified
Basement:
None
Roof:
Other
No. Floor Levels:
2.0
Floor Area Fin - Above Grade:
2,000 sq. ft.186 m2
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
2,000 sq. ft.186 m2
Floor Area Fin - Below Main:
2,000 sq. ft.186 m2
Floor Area Fin - Below Grade:
0 sq. ft.0 m2
Floor Area Fin - Basement:
0 sq. ft.0 m2
Floor Area Fin - Total:
4,000 sq. ft.372 m2
Heating:
Mixed
Parking Features:
Open
Parking:
Open
Balcony
6
PARCEL A, LOT 2, SUB BLOCK 7, PLAN NWP2620, NEW WESTMINSTER LAND DISTRICT, (EXPL PL NWP14414) & OF LOT 9
Floor
Type
Size
Other
Main
Bedroom
10'3.05 m × 10'3.05 m
-
Main
Bedroom
10'3.05 m × 10'3.05 m
-
Main
Bedroom
10'3.05 m × 10'3.05 m
-
Main
Bedroom
10'3.05 m × 10'3.05 m
-
Abv Main 2
Bedroom
10'3.05 m × 10'3.05 m
-
Abv Main 2
Bedroom
10'3.05 m × 10'3.05 m
-
Abv Main 2
Bedroom
10'3.05 m × 10'3.05 m
-
Abv Main 2
Bedroom
10'3.05 m × 10'3.05 m
-
Floor
Ensuite
Pieces
Other
Main
No
3
Main
No
3
Main
No
3
Above
No
3
Above
No
3
-
No
3
-
No
3
-
No
3
-
No
3
-
No
3
Age Restrictions:
No
Tax Utilities Included:
false
Property Disclosure:
No
Fixtures Leased:
No
Home Owners Association:
No
Original Price:
$1,750,000
Land Lease:
No
Zoning:
RM-2
Utilities:
Water Connected
Electricity:
No
Sewer:
Public Sewer
View of uncovered parking lot
Aerial view of property's location with property parcel outlined
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated January 21, 2026 at 02:40 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$919,900
Min list price:
$469,800
Max list price:
$2,575,000
Avg days on market:
12
Min days on market:
2
Max days on market:
371
Avg price per sq.ft.:
$714.8
These statistics are generated based on the current listing's property type
and located in
GlenBrooke North. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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.
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.