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610 6th Avenue
New Westminster, BC V3M 2B2
610 Sixth Avenue · Multifamily Property For Sale
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17 Units
Investment Highlights
- High exposure mixed-use building across from Walmart Supercentre and Shoppers Drug Mart.
- Future high-density mixed-use development potential under the existing zoning.
- Within walking distance of schools, retail stores, banks, parks, and the New Westminster SkyTrain station, making the area attractive to both young pr
- The Property has undergone significant capital upgrades over the past 10 years.
- Potential for income growth in both residential and retail revenues due to existing below-market rents.
Executive Summary
(Over 5.2% Cap Rate)
Property Facts
| Price Per Unit | $367,647 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 17,803 SF |
| Cap Rate | 5.26% | No. Stories | 3 |
| No. Units | 17 | Year Built | 1958 |
| Zoning | C-3 - Community Commercial District | ||
| Price Per Unit | $367,647 CAD |
| Sale Type | Investment |
| Cap Rate | 5.26% |
| No. Units | 17 |
| Property Type | Multifamily |
| Building Size | 17,803 SF |
| No. Stories | 3 |
| Year Built | 1958 |
| Zoning | C-3 - Community Commercial District |
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