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Tertiary Property View
Exceptional Property

2206 EIGHTH Avenue, New Westminster

$1,845,000
2 Bedrooms
1 Bathrooms
1596 sqft

A rare opportunity to own an exceptional residence in one of the most sought-after locations.

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1926

Square Footage

2429 square feet

Bedrooms

5

Bathrooms

3

Distinguished Features

Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

An incredible opportunity awaits savvy developers and investors in the heart of New Westminster! Located directly adjacent to the 22nd Street SkyTrain Station, this prime piece of real estate offers unbeatable accessibility and potential for future growth. With the recent announcement of Bill 47 (Transit-Oriented Areas), the subject properties are ...

MLS Number

R2962104

Listed By

Royal LePage West Real Estate Services

Last Updated

Feb 17, 2025, 7:00 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

"This property represents an exceptional opportunity in today's market, offering the perfect blend of location, craftsmanship, and timeless appeal."

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
House
Year Built
1940
Square Footage
1596

Interior Features

Basement
Unfinished, Unknown, Unknown

Climate Control & Utilities

Heating System
Electric, Natural gas

Additional Amenities

Refrigerator, Washer & Dryer

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
28
New
MLS# R2962104
List Date
Feb 3, 2025, 3:55 a.m.
List Price
$1,845,000
Property Type
Sale
Bedrooms
2
Bathrooms
1

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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