$ 1.849.000

2240 Edinburgh Street, New Westminster

4 Photos

2240 Edinburgh Street, New Westminster, BC V3M2Y1 Photo 2

2240 Edinburgh Street, New Westminster, BC V3M2Y1 Photo 3

2240 Edinburgh Street, New Westminster, BC V3M2Y1 Photo 4

Bedrooms: 4
Bathrooms: 4
Living area: 2435 square feet

MLS®: r2843447
Type: Residential
Added: 95 days ago

Property Details

PRIME INVESTMENT OPPORTUNITY!!! Here is an amazing investment opportunity with this 6 bedroom 4 bathroom 2435 sqft. home located on a 6000 sqft lot. Two rental units, 3 bedroom suite and 1 bedroom suite with a great rental income coming. City OCP Call for Residential Ground Oriented Infill. Potential Townhouse site. Above Grade FSR .85. Below Grade FSR .15. This is an amazing location with a lot of potential, within walking distance to all amenties. Now is the time to invest in the Connaught Heights area with the City proposing higher density, including high rise/low rise condo buildings. Call for more information or book a showing. Open House Feb 03-04 from 12pm-3pm. (id:1945)

Best Mortgage Rates

Property Information

Heating: Baseboard heaters, Electric
Tax Year: 2023
Basement: Finished, Unknown, Unknown
Appliances: All
Living Area: 2435
Photos Count: 4
Lot Size Units: square feet
Parcel Number: 010-783-733
Bedrooms Total: 4
Structure Type: House
Common Interest: Freehold
Tax Annual Amount: 5478.85
Lot Size Dimensions: 6000
Architectural Style: Basement entry

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Nearby Places

Name	Type	Address	Distance
22nd Street station (TransLink)	The station opened in 1985 as part of the original...		0.4 km
Queensborough Bridge	The bridge spans the north arm of the Fraser River...		0.7 km
Byrne Creek Secondary	School	10 Ave	0.8 km
Edmonds station (TransLink)	It was built in 1985 as part of the original Expo ...		1.3 km
Poplar Island (British Columbia)	It is the last large undiked island in the Fraser ...		1.5 km
Derwent Way Bridge	It was replaced in 1986 by the "Annacis Island Swi...		2.2 km
Tim Hortons	Cafe	6641 Kingsway	2.3 km
Queensborough, British Columbia	It is on the eastern tip of Lulu Island on the Fra...		2.4 km
New Westminster Secondary School	Enrollment of students is open to those within gra...		2.5 km
New Westminster Secondary School	School	835 8th St	2.5 km
Boston Pizza	Restaurant	1045 Columbia St	2.6 km
The One Restaurant	Restaurant	5908 Kingsway	2.8 km

Similar Houses Stat in New Westminster

We have found 6 Houses that closely match the specifications of the property located at 2240 Edinburgh Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,550,000 and 2,400,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V3M2Y1 postal code area of New Westminster British Columbia Canada.

2240 Edinburgh Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2240 Edinburgh Street. The current price of the property is $1,849,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,479,200. This would result in a monthly mortgage payment of $8,646 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	50
University / Above bachelor level	10
University / Below bachelor level	15
Certificate of Qualification	10
College	45
University degree at bachelor level or above	60

Neighbourhood Marital Status Stat

Married	250
Widowed	30
Divorced	25
Separated	10
Never married	185
Living common law	35
Married or living common law	285
Not married and not living common law	250

Neighbourhood Construction Date

1961 to 1980	50
1981 to 1990	25
1991 to 2000	40
2001 to 2005	15
2006 to 2010	10
1960 or before	80

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