1217 Sixth Ave, New Westminster, BC V3M 2C1

$1,599,000
2
BD
3
BA
3,025
SqFt

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List Price
$1,599,000
Status
ACTIVE
MLS® #
R3161624
Year Built
1926
Subtype
Single Family Residence
Stories
2
Bedrooms
2
Total baths
3
Living Area
3,025
Area
New Westminster
Community
West End NW

Property Description

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).

Additional Information

Lot Size
8,164
Amenities
Near Shopping
Site Influences
Central Location, Recreation Nearby
Levels
Two
Acres
0.19
Basement
Finished
Region
New Westminster
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.