Sold! Regency Tower - 706 Queens Avenue, New Westminster

Just sold an 11-storey concrete high-rise rental tower in New Westminster.  Total of 112 suites for a sale price of $14,975,000 and a 4.9% cap rate.  Good condition.  Purchased by local investor.

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16 Unit Apartment Building In Vancouver__

Totally renovated! Quadra Court is a wood frame 16 unit low-rise apartment building in superb condition centrally located in Vancouvers trendy Commercial Drive neighborhood. The property is situated on a corner lot (67x 122) in a quiet family oriented neighbourhood across from an elementary school. The completely upgraded suites, most of which have great views of Downtown, feature contemporary open design, refinished hardwood floors & new appliances. The entire building has undergone an extensive renovation program including suites and common areas. The subject property also features rear parking & an enclosed garage, storage lockers and a two bedroom penthouse with spectacular views from two roof top decks. In conclusion, Quadra Court is a turn-key building with no deferred maintenance and offers tenants easy access to local shops, restaurants and parks just one block away from Commercial Drive.

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