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408 E Columbia Street, New Westminster

SOLD $29,500,000

Price $31,000,000
Property type Apartment over commercial
Units 72
Storeys 4
Net rentable area 51,953 SF
Year built 2022
Lot size Remainder Parcel
Zoning RA-3
Price per unit $430,556
Cap rate 5.4%
Gross income multiplier 14.6
Parking 92 secured underground parking stalls
PID 030-626-501
Legal description Lot A Block 1 Suburban Block 2 New Westminster District Plan EPP82825 except Air Space Plan EPP115540
Sale price $29,500,000
Sale date 06/26/2024


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