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New Westminster nine-unit rental building sells over asking

Transaction price was slightly higher than list price in unconditional sale of recently renovated 51-year-old multi-family property
Colliers, Vancouver, for Western Investor
619-colborne-nw
Colliers, Vancouver, for Western Investor

Property type: Multi-family rental building

Location: 619 Colborne Street, New Westminster, B.C.

Number of units: 9

Site size: 7,317 square feet

Zoning: RM-2

List price: $2.695 million

Sale price: $2.697 million

Brokerage: Colliers, Vancouver

Brokers: Dan Chatfield and James Lang, with associate Courtney Lund-Murray.