727 Fourth Avenue

Other · For sale

Asking

$1,560,000

MLS® R3163433

Bedrooms: 8
Bathrooms: 10
Interior: 4,000 sqft
Lot: 8,154 sqft
Built: 1944
Parking: 4

The home

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 long-term density and value-add potential.

Facts & features

Costs

Gross taxes (2025): $8,018

The property

Title: Freehold NonStrata
Storeys: 2
Basement: None
Heating: Other
Parking: Open

Features

Exterior

Listed by Macdonald Commercial Real Estate Services Ltd.

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 assume no responsibility for its accuracy.

The numbers

What this home might cost per month.

Home priceDown payment20% · $312,000Interest rate4.75%Amortization25 years

Estimated payment

$7,082/mo

Mortgage amount: $1,248,000
Down payment: $312,000

Principal & interest only, compounded semi-annually as Canadian fixed mortgages are. Excludes property tax, strata, and insurance. An estimate — not a pre-approval.

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