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404 ROYAL AVENUE - MLS® # R2819578

Property Details


List Price
$2,850,000
Living Area
5,208 sqft.
Bedrooms
12
Bathrooms
4 full, 4 half
Lot Size Area
6468 sq.ft.
Taxes
8670.81
Type
Fourplex
Style
2 Storey
Basement
Crawl
Year Built
1979

Description

TURN-KEY INVESTMENT- 4PLEX fully rented! Gross income $11,220 per month. CAP 4%. Each unit are spacious 2 level, 3 bedrooms, 1.5 bath, in-suite laundry, approx 1200sq ft per unit + BONUS outdoor space and very private, surrounded by greenery. Ample parking and storage in the back of building. Excellent location with 88 walk score- 5 min walk to skytrain, 7 min to water, 1 block to City Hall & Park, 2 blocks to Douglas College. Many upgrades done including numerous new windows and sliding doors, 2 new kitchens, flooring, 3 freshly painted units, new fences, new bathrooms, landscaping etc...! OCP designated as Mid Rise Apartment- rezoning potential! 350m to Columbia Skytrain (3.0FAR allowance per TOD legislation).

Listing Provided By

Oakwyn Realty Ltd.

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 Real Estate Listing provided by
  • Royal Lepage West Real Estate Services Surrey
  • # 6 - 9965 152 St.
  • SURREY, BC
  • V3R 4G5