8, 154 Sq.Ft. Lot improved with a 10-unit rental apartment building generating a 4%+ net cap rate, located just steps from the amenity-rich Uptown district of New Westminster, BC. The property offers meaningful rental upside driven by its prime location and strong demand fundamentals. RM-2 zoning permits low-rise apartment redevelopment up to 1.8 FSR, providing long-term density and value-add potential.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Heating Type | Other |
| # of Kitchens | 0 |
| Foundation | Other |
| Exterior Features | Balcony |
|---|---|
| Roof | Other |
| Structures | Residential Detached |
| Price | $1,560,000 |
|---|---|
| Total Bedrooms | 8 |
| Total Bathrooms | 10 |
| Full Bathrooms | 10 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 4000 |
| Year Built | 1944 |
| Age Of Building | 82 |
| Building Type | Other |
| Property Type | Residential |
| Architecture Style | Other |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open |
| Total Parking Spaces | 4 |
| Lot Size | 8154 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3163433 |
| Area | New Westminster |
| Neighbourhood | GlenBrooke North |
| City | New Westminster |
| Postal Code | V3L 2W4 |
| Gross Taxes | $8,018.42 |
| Zoning | RM-2 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Above Level | No | #3 |
| Main Level | No | #3 |
| Above Level | No | #3 |
| Main Level | No | #3 |
Listed by: Macdonald Commercial Real Estate Services Ltd. & Macdonald Commercial Real Estate Services Ltd.
NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
727 Fourth Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.1% and an area average of 29 days on market — buyers have more leverage. With only 158 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 2W4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2.2 km). Annual avg AQHI 0 — Low Risk.
New Westminster currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
29 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Herbert Spencer Elementary School |
Public |
Grades ServedK-5
|
Catchment InfoIn Catchment
|
Distance457 m
|
|
Sigma |
Public |
Grades Served—
|
Catchment Info—
|
Distance519 m
|
|
New Westminster Continuing Education |
Public |
Grades Served—
|
Catchment Info—
|
Distance565 m
|
|
New Westminster Secondary School |
Public |
Grades Served9-12
|
Catchment Info—
|
Distance622 m
|
|
Ecole Glenbrook Middle School |
Public |
Grades Served—
|
Catchment Info—
|
Distance755 m
|
|
Twelfth Avenue Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.00 KM
|
|
Lord Kelvin Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance1.00 KM
|
|
John Knox Christian - Elementary Campus |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.03 KM
|
|
F W Howay Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.17 KM
|
|
St. Thomas More Collegiate |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.29 KM
|
|
Al-Hidayah School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.34 KM
|
|
Fraser River Middle |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.39 KM
|
|
Compass Christian New West |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.44 KM
|
|
Royal City Alternate Program |
Public |
Grades Served8-11
|
Catchment Info—
|
Distance1.46 KM
|
|
Cariboo Hill Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance1.60 KM
|
|
John Knox Christian - Secondary Campus |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.60 KM
|
|
New Westminster Online Schools |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.70 KM
|
|
Purpose Independent Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance1.80 KM
|
|
POWER Alternate Secondary School |
Public |
Grades Served10-12
|
Catchment Info—
|
Distance1.80 KM
|
|
Skwo:wech |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.82 KM
|
|
Armstrong Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.08 KM
|
|
Lord Tweedsmuir Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.12 KM
|
|
Lakeview Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.33 KM
|
|
St.Michaels School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.74 KM
|
|
Home Learners Program |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.81 KM
|
|
Morley Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.92 KM
|
|
Urban Academy Junior |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.96 KM
|
|
Urban Academy Senior |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.96 KM
|
|
Connaught Heights Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.98 KM
|
Calculate your commute
727 Fourth Ave, New Westminster, BC is ideally located for commuters. The property is 1.7 km from Columbia, with a 54 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound 8th Ave @ 4th St (0.07 km). Walk Score Transit rating: Good Transit (56/100).
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