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1222 Fifth Avenue
Uptown NW New Westminster V3M 1Y8

$5,550,000
Multi-Family Commercial

Main Photo: 1222 Fifth Avenue in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8080241
Photo 1: 1222 Fifth Avenue in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8080241
Photo 2: 1222 Fifth Avenue in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8080241
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Photo 15: 1222 Fifth Avenue in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8080241
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Photo 18: 1222 Fifth Avenue in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8080241
Photo 19: 1222 Fifth Avenue in New Westminster: Uptown NW Multi-Family Commercial for sale : MLS®# C8080241
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8080241
Exceptional opportunity to acquire a substantially renovated 21 unit apartment building in New Westminster. The property features 16 one bedroom and five two bedroom suites, private balconies, underground parking, and in suite laundry in 18 units. Extensive improvements completed in 2016 included new plumbing, windows, balconies, kitchens, flooring, appliances, suite interiors, and upgrades to the lobby and common areas. Potential to own with less than 30% down.
Sale Type:
Asset or Share
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
# of Apartments:
21
# of 1 Bedroom Apartments:
16
# of 2 Bedroom Apartments:
5
Living Area:
0 sq. ft.
Lot Area:
13,939.2 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
013466364
Taxes:
$23,901.63 / 2025
No
Water Rights:
No
Roof:
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by NAI Commercial
Data was last updated July 9, 2026 at 08:35 PM (UTC)
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