$ 2.450.000

727 Fourth Avenue, New Westminster

2 Photos

727 Fourth Avenue, New Westminster, BC V3L2W4 Photo 2

Living area: 4000 square feet
MLS®: c8058667

Added: 33 days ago

Property Details

The best investment opportunity for investors/developers! Excellent location near everything, 10 Separate Units. One 2 Bedrooms, Three 1 Bedrooms and Six Bachelor-style Units. 2 minutes to go Downtown New Westminster. All sizes and ages are approx only. The Buyer should not rely upon the listing information without the Buyer independently verifying the information. Great holding property and /or Development site. Need 48 hrs minimum to show. Most tenants are long-term. The building is being sold "As is, where is". Contact LS for complete Details. (id:1945)

Best Mortgage Rates

Property Information

Tax Year: 2023
Living Area: 4000
Photos Count: 2
Lot Size Units: square feet
Tax Annual Amount: 8117.58
Lot Size Dimensions: 8154
Zoning Description: RM-2

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Nearby Places

Name	Type	Address	Distance
The Armouries	It is the home of The Royal Westminster Regiment, ...		0.6 km
New Westminster	It was founded by Major-General Richard Moody as t...		0.7 km
Douglas College	School	700 Royal Ave	0.7 km
The Point, New Westminster	Its address is 610 Victoria Street, V3M 0A5 or 611...		0.9 km
Boston Pizza	Restaurant	1045 Columbia St	0.9 km
New Westminster station	New Westminster is a station located at Columbia S...		1.0 km
New Westminster Secondary School	It is one of the largest high schools in British C...		1.0 km
New Westminster Secondary School	School	835 8th St	1.0 km
Holy Trinity Cathedral (New Westminster)	It is now a pro-cathedral...		1.0 km
Wait for Me, Daddy	Dettloff on October 1, 1940, of The British Columb...		1.0 km
Columbia station	It is a part of Metro Vancouver's SkyTrain rapid t...		1.1 km
Queen's Park Arena	It was built in 1930 and opened on September 19...		1.2 km

727 Fourth Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 727 Fourth Avenue. The current price of the property is $2,450,000, 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 $1,960,000. This would result in a monthly mortgage payment of $11,457 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	20
Bachelor's degree	45
University / Below bachelor level	15
College	55
University degree at bachelor level or above	75

Neighbourhood Marital Status Stat

Married	90
Widowed	20
Divorced	45
Separated	10
Never married	150
Living common law	35
Married or living common law	125
Not married and not living common law	220

Neighbourhood Construction Date

1961 to 1980	90
1981 to 1990	15
1991 to 2000	10
2001 to 2005	10
1960 or before	75

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