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408 Columbia St E - Premiere 3,280 SF Retail Condo Unit Offered at $4,600,000 CAD in New Westminster, BC V3L 0K5
Investment Highlights
- Two improved strata lots in the newly constructed Premiere building
- Located directly across from Royal Columbian Hospital
- Proximity to Royal Columbian Hospital’s $1.5B multi-phase expansion driving demand for medical services
- Fully built out as a medical clinic with adjoining pharmacy
- Situated within a major healthcare corridor in New Westminster
Executive Summary
408 East Columbia presents an opportunity for medical professionals to establish or expand their practice within one of British Columbia’s key healthcare corridors. The property benefits from its proximity to Royal Columbian Hospital, which is undergoing a $1.5 billion multi-phase expansion and is expected to become one of Canada’s most advanced medical campuses, supporting increased demand for nearby healthcare services.
Property Facts
| Total Building Size | 51,960 SF | Typical Floor Size | 8,659 SF |
| Property Type | Multifamily (Condo) | Year Built | 2022 |
| Property Subtype | Apartment | Lot Size | 0.47 AC |
| Building Class | B | Parking Ratio | 1.37/1,000 SF |
| Floors | 6 | ||
| Zoning | RA-3 - residential | ||
| Total Building Size | 51,960 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 8,659 SF |
| Year Built | 2022 |
| Lot Size | 0.47 AC |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | RA-3 - residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 Unit Available
Unit 102/103
| Unit Size | 3,280 SF | Condo Use | Retail |
| Price | $4,600,000 CAD | Sale Type | Owner User |
| Price Per SF | $1,402.44 CAD | No. Parking Spaces | 4 |
| Unit Size | 3,280 SF |
| Price | $4,600,000 CAD |
| Price Per SF | $1,402.44 CAD |
| Condo Use | Retail |
| Sale Type | Owner User |
| No. Parking Spaces | 4 |
Description
Opportunity to purchase two improved strata lots in the newly constructed Premiere building. The property has been built out as a Medical clinic with adjoining Pharmacy. 408 East Columbia offers medical professionals an exceptional opportunity to establish or grow their practice in one of BC's most strategically located healthcare corridors - directly across from Royal Columbian Hospital which is currently undergoing a $1.5 billion multi-phase expansion. RCH will soon become one of Canada's most advanced medical campuses, further increasing the demand for supporting healthcare services in the immediate area.
Sale Notes
Two improved strata lots in the newly constructed Premiere building, fully built out as a medical clinic with an adjoining pharmacy. The units are designed for healthcare use and are directly across from Royal Columbian Hospital.
408 COLUMBIA ST E NEW WESTMINSTER 1920-01
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 44 | - | 596 - 638 |
| 2+1 | 24 | - | 778 - 937 |
| 3+2 | 4 | - | 955 |
Presented by
408 Columbia St E - Premiere
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