608 Tenth Street

608 Tenth Street, New Westminster, BC V3M 3

  • For Sale $3,625,000
  • Property Type Multi-Family
  • Property Size 8,100 SF
  • Units 11
  • Lot Size 0.17 Acre
  • Year Built 1953
  • Date Updated Feb 13, 2024
The Property is directly across from Moody Park and is located in the highly desirable West End neighbourhood offering convenient access to Uptown New Westminster, Twelfth Street, Sixth Street and an abundance of shopping, services and amenities within walking distance. Additionally, Moody Park features popular leisure and sports activities, outdoor pool & spray park, picnic tables and benches and the Lawn Bowling Club.Avison Young is pleased to market for sale 608 Tenth Street, New Westminster, BC (the “Property”). This 11-unit rental apartment building features all large bright corner units with views. The layout and design provide for ease and flexibility to convert all the one-bedroom units to two-bedroom units with nominal capital cost. One already converted unit demonstrates the ease of conversion. There is also an ability to add an additional one-bedroom legal suite.

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Attachments

Highlights

  • High-yield 11 unit rental apartment building featuring a 4.85% cap rate
  • All bright large corner units ~750 sf presenting an opportunity to renovate and convert to two-bedroom units
  • Opportunity to add a 12th legal suite
  • Additional revenue from on-site laundry, parking and storage
  • Sloped 2-ply torch on roof requires less maintenance and lasts longer (~10 years old)
  • Clean phase 1 environmental report
  • Convenient access to shopping, services, amenities and transit
  • Share purchase option available

Contacts

broker

Bijan Lalji

Avison Young - CA - BC - Vancouver

(604) 757-1115

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise

  • Transit Score ®

    58/100 Good Transit

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City New Westminster, BC
  • Neighborhood Kelvin
  • Postal Code V3M 3

Points of Interest

  • New Westminster

    0.89 miles

  • New Westminster Skytrain Station

    0.89 miles

  • Clarkson Street

    1.02 miles

  • Columbia

    1.03 miles

  • Fourth Street

    1.03 miles

  • Columbia Street

    1.04 miles

  • 22nd Street

    1.18 miles

  • 22nd Street Skytrain Station

    1.20 miles

  • Edmonds

    1.44 miles

  • Sapperton

    1.99 miles

  • Esso

    0.22 miles

  • Chevron

    0.44 miles

  • Petro-Canada

    0.54 miles

  • Petro-Canada

    0.63 miles

  • New Westminster City Hall

    0.77 miles

  • Shell

    1.10 miles

  • Super Save Gas

    1.12 miles

  • Chevron

    1.15 miles

  • Chevron

    1.18 miles

  • ChargePoint

    1.23 miles

  • Douglas College New West - Lot #273

    0.76 miles

  • 66 8th Street - Lot #2273

    0.82 miles

  • Front Street Parkade

    1.07 miles

  • P1

    1.86 miles

  • P2

    1.86 miles

  • Emergency Ward Parking

    1.94 miles

  • Scott Road Park and Ride

    2.33 miles

  • Scott Road Park & Ride

    2.40 miles

  • Burnaby Lake South Side

    2.43 miles

  • Hearts for Parks parking lot

    2.57 miles

  • Winston

    0.36 miles

  • Arundel Mansion

    0.90 miles

  • Inn at the Quay

    0.99 miles

  • The Met Hotel

    1.05 miles

  • Happy Day Inn

    1.20 miles

  • Burnaby Rentals Hostel

    1.27 miles

  • The Queens Hotel

    2.02 miles

  • Turf Hotel

    2.25 miles

  • Best Western Plus Burnaby Hotel

    2.81 miles

  • SureStay Plus Hotel by Best Western Coquitlam

    2.90 miles

  • Young's Cafe

    0.19 miles

  • Panago

    0.21 miles

  • Wild Thyme

    0.21 miles

  • Amelia Restaurant

    0.22 miles

  • Golphis Steak & Lobster

    0.25 miles

  • Sushi Koharu

    0.25 miles

  • Paradise Donair

    0.26 miles

  • Dairy Queen

    0.29 miles

  • Hi Dozo Sushi

    0.31 miles

  • Canadian 2 for 1 Pizza

    0.32 miles

  • Lord Kelvin Elementary School

    0.13 miles

  • Sprott-Shaw Community College

    0.28 miles

  • New Westminster Secondary School

    0.49 miles

  • Our Lady of Mercy School

    0.51 miles

  • John Knox Christian School - Secondary Campus

    0.51 miles

  • Twelfth Avenue Elementary School

    0.57 miles

  • St Thomas More Collegiate

    0.59 miles

  • Fraser River Middle School

    0.64 miles

  • Lord Tweedmuir

    0.73 miles

  • Douglas College New Westminster Campus

    0.80 miles

  • Fraser Montessori Daycare Inc

    0.45 miles

  • Glenbrooke Daycare

    0.60 miles

  • New Westminster Family Place

    0.85 miles

  • Precious Early Years

    1.09 miles

  • St. Matthews Day Care Society

    1.11 miles

  • Stride Childcare Centre

    1.16 miles

  • Beehive Christian Preschool

    1.19 miles

  • Merseyside Montessori House

    1.22 miles

  • Ewen Childcare

    1.37 miles

  • Taylor Park Children's Centre

    1.43 miles

Frequently Asked Questions

What is the lease rate for 608 Tenth Street?

Rental asking rate at 608 Tenth Street is $1,812,500.00/YR.

What is the total square footage of 608 Tenth Street?

608 Tenth Street totals 8,100 square feet.

When was this property built?

608 Tenth Street was built in 1953.

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Contact Listing Broker

broker

Bijan Lalji

Avison Young - CA - BC - Vancouver

(604) 757-1115