727 QUEENS AVENUE, New Westminster

Canada, British Columbia MLS® C8043575
$2,698,800
Esr. Mortgage /mo
Dan Marusin
Renanza Realty
778-200-1670
Go See This Home Now
0 Baths
0 Stories
lot 7200 square feet
7209 square feet
1912 built
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Property details

An excellent opportunity to own this 7209 s.f. Edwardian Mansion(fully rented) to generate income. This multi-unit character building is surrounded by other large historic character homes and sits on a large 60x120ft lot, is generating $105,459/yr. Ideal for principal use and keep some tenants as income property for future development. Fire code and safety condition in good working order, features: fir , oak floors, bay windows with stained glass, clawfoot tubs, high ceilings, mosaic tiles, fire place and much more (please refer to updates list attached to listing). Cap rate of 3.5% with great rental upside, rents well below market. Excellent walking distance to Douglas college, sky train, New Westminster Quay, Queens park and uptown, downtown restaurants & shopping! (id:26763)

Location Details
Area Canada
State British Columbia
City New Westminster
Postal Code V3M1L7
Property Metrics
Full Baths 0
Stories 0
Floor Area Total (Sq.ft) 7209
Financial Details
List Price 2,698,800
Strata Maint. Fee 0
Listed by Teresa (Mo-Lan) Pang
Dien Realty

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools
Middle
Fraser River Middle School
Above Average
0.14 km
No Rating
Details
Elementary
Lord Kelvin Elementary School
Above Average
1.18 km
Rating 5.2/10
Details

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools
Secondary
Purpose Independent Secondary School
Above Average
0.54 km
No Rating
Details
Secondary
Purpose Independent Secondary School
Above Average
0.54 km
No Rating
Details
Closest Transit
Translink
Northbound 8th St @ Queens Ave
0.04 km

This home is serviced by Lord Kelvin Elementary School. The property is located 1.18 km km from the school. Lord Kelvin Elementary School has a rating of Rating 5.2/10.

Three closest Elementary independent school are Purpose Independent Secondary School with School's rating No Rating, located 0.54 km km from this home.

Three closest Secondary independent school are Purpose Independent Secondary School with School's rating No Rating, located 0.54 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 5,584 crime incidents. The overall crime rate is 6,761.11. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -10.42%

Drug crime rate is Below Average comparing to other neighbourhoods. The drug crime rate is 134.4. This is the amount of drug crime incidents per 100,000 population. There were 111 drug crime incidents in this city in 2020. Year by year change in the drug crime rate is -5.34%

Property crimes are Average in the city. Property crime rate is 3,807.97. There were 3,145 in the neighbourhood in 2020. Year by year change in the drug crime rate is -11.79%

There were 1,143 violent crime incidents in 2020. The violent crime rate per 100,000 population was 1,383.94 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.91%

The closest Bus station is Northbound 8th St @ Queens Ave in 0.04 km away from this MLS® Listing.

28.7% of people with university certificate/degree live in this neighbourhood which is Above Average in comparison with other BC neighbourhoods. 12.3% of population in this neighbourhood have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling is $45483 which is Low in comparison with the British Columbia average. Median personal income near this dwelling is $31118 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 63.6% which is Above Average.

Unemployment rate in the area around Listing # C8043575 is 8.5 which is Average in comparison to the other province neighbourhoods.

This real estate is located in where population change between 2011 and 2016 was 5.7%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community is 8552 which is High people per sq.km.

Average size of families in the area is 2.6. This is Low number in comparison to the whole region. Percent of families with children is 52.3% and it is Below Average. % of Married or living common law is around 43.4% and it is Low.

Average age of the population is 41.3. This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood is $565573 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Above Average in this area. $1421 owners spent in average for the dwelling. Tenants are paying $891 in this district and it is Below Average comparing to other cities.

71.2% of Population in this district are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers is 8.5%, it is Average, % of English speakers only is 88.8% and Below Average. % of Neither English nor French speakers is 2.6% and it is Above Average comparing to other BC cities.

43.1% of all population in the area around this property using Public Transport which is High, 47.4% of using population are using Cars, which is Low. 0.4% of people using Bicycles and it is Low. 7.4% of population are walking which is Above Average

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Local Info

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Home Price
Down Payment
Interest Rate
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/month
Principal & Interest
Property Taxes $202
Maintenance fee 0.00

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Renanza Realty
778-200-1670
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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