12 bed
8 bath
5,208 sqft
Quadruplex
Built in 1979
6,468 sqft lot
8 parking
4 fireplaces
Freehold NonStrata
RM6A zone
Public remarks
TURN-KEY INVESTMENT- 4PLEX fully rented! Gross income potential $11,753 per month. CAP 4%. Each unit are spacious 2 level, 3 bedrooms, 1.5 bath, in-suite laundry, approx 1200sq ft per unit + BONUS outdoor space and very private, surrounded by greenery. Ample parking and storage in the back of building. Excellent location with 88 walk score- 5 min walk to skytrain, 7 min to water, 1 block to City Hall & Park, 2 blocks to Douglas College. Many upgrades done including numerous new windows and sliding doors, 2 new kitchens, flooring, 3 freshly painted units, new fences, new bathrooms, landscaping etc...! OCP designated as Mid Rise Apartment- rezoning potential! 350m to Columbia Skytrain (3.0FAR allowance per TOD legislation).
Private remarks
Unit 404 measured by Almond Tree. Only one unit was photographed. Turn-Key investment. BRING AN OFFER!
Buyer agency compensation
3.22/1.15
$2,799,000 ($537/sqft)
Active
Listed
04/16/2025
Expiry date
Original price
Gross taxes (2022)
$8,670.81
Property transfer tax
$61,970.00
Last Updated: 04/18/2025 11:36 AM
Courtesy of Oakwyn Realty Ltd.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 404 Royal Avenue | R2991224 | 04/18/2025 11:36 AM | 04/16/2025 | Active | $2,799,000 | Login to view | Alice Yang PREC* | Oakwyn Realty Ltd. |
| 404 Royal Avenue | R2819578 | 05/27/2024 01:26 AM | 09/26/2023 | Expired | $2,850,000 | Login to view | Oakwyn Realty Ltd. | |
| 404 Royal Avenue | R2814422 | 10/24/2023 02:29 PM | 09/08/2023 | Terminated | $2,990,000 | Login to view | Oakwyn Realty Ltd. |