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72 unit concrete high-rise rental apartment building with 9,220 SF of retail in New Westminster’s “Uptown” neighbourhood - #1
72 unit concrete high-rise rental apartment building with 9,220 SF of retail in New Westminster’s “Uptown” neighbourhood - #2
72 unit concrete high-rise rental apartment building with 9,220 SF of retail in New Westminster’s “Uptown” neighbourhood - #3
72 unit concrete high-rise rental apartment building with 9,220 SF of retail in New Westminster’s “Uptown” neighbourhood - #4
72 unit concrete high-rise rental apartment building with 9,220 SF of retail in New Westminster’s “Uptown” neighbourhood - #5
72 unit concrete high-rise rental apartment building with 9,220 SF of retail in New Westminster’s “Uptown” neighbourhood - #6
72 unit concrete high-rise rental apartment building with 9,220 SF of retail in New Westminster’s “Uptown” neighbourhood - #7

À vendre

$29,300,000 CAD

Colliers, Casey Weeks, and Morgan Iannone are pleased to present the opportunity to purchase a 72 unit, multi-family building in Uptown New Westminster, the Edgewater Centre.

The Edgewater Centre is a well-maintained, ten-storey concrete rental apartment building developed in 1978 by the current, original owners. The building is situated on 22,767 SF of land in New Westminster’s Uptown neighbhourhood.

In total there are 72 residential apartment suites and 6 Commercial Retail Units (CRU’s) providing and additional 9,220 SF of Leasable Area. Recent upgrades include $400,000 for a complete elevator upgrade in 2020 and $64,000 for parkade resurfacing upgrades in 2018. Approximately 24 suites have been renovated in the past 10 years as occupants turn-over. The building consists of 47 one-bedroom suites, 2 two-bedroom suites, and 23 bachelor suites with 3 levels of underground parking offering a total of 94 parking spaces (79 underground and 15 above). All suites have tremendous views from concrete patios accessed from the living rooms via patio doors.