Menu
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC
  • 1320 5th Avenue, New Westminster, BC

8,712 ft²
Multifamily
$4,600,000
Sale



Welcome to 1320 Fifth Ave! A 13 Unit Multifamily Building Fully Occupied with Excellent Cash Flow - all 2 Bedrooms! PID: 009-284-311 & 009-284-338 Legal: LOT 1 & 2 OF LOT 17 SUBURBAN BLOCK 7 PLAN 2620 Opportunity to acquire a 13 unit Multifamily Building consisting of all 2 Bedrooms Separate electrical meters per unit Coin operated laundry 3 Story wood frame walk up building with surface parking, fully renovated suites with new roof, hot water tank, exterior paint, lighting Offered at 2022 Capitalization Rate of 3.82% with Proforma of 4.45%. View further details at: https://www.praedia.ca/commercial/1320-Fifth-Ave%2C-New-Westminster%2C-BC Share sale possible for potential PTT savings! Call for further information in our Property Book including financials, proforma, environmental / inspection reports etc. and to schedule a tour 604.505.6810


The Space
Asking Price$4,600,000
Available Space8,712 ft²
NegotiableYes
Property UseInvestment property
ZoningRM-2
Cap Rate3.7%
SourceDirect

The Building
Property TypeMultifamily
Floors3
Lot Size8,712 ft²
Advertisement
Up to $500k for your business
Get approved in as little as 24 hours with a AAA rated Canadian lender