Northbank – Hidden Value in News Westminster
Ballenas was one of the first companies to begin converting Gastownâ€™s heritage buildings into apartment homes and now, with Northbank, their third project in the area, their focus is on New Westminster. Peter Newall of Ballenas loves Columbia Street:
“…Iâ€™ve always thought Columbia Street was a fantastic street, and Iâ€™ve always thought New Westminster as a whole was a gem…”
Peter knows that New Westminster is a hidden pocket of value in the Lower Mainland: Close to arterial roads, 3 SkyTrain stations, bike paths leading to downtown Vancouver, shopping, entertainment and recreation. Northbank adds stunning river views and a parkside location to the equation.
Northbank offers unmatched value that is attracting both homeowners and investors. Homeowners are drawn to the large, well-planned homes while investors are attracted to the lower initial investment at Northbank, knowing that they can fetch the same rental income as a higher priced property in the neighbouring communities. A 2-bedroom mortgage can be had at Northbank for $1,420/month and 2-bedrooms in the area are renting for $2,200/month.
Northbank -Â 125 Columbia Street, New Westminster, BC
If youâ€™d like to know more about this amazing new New Westminster real estate developmentÂ or if you are thinking of buying or selling your home, please contactÂ James Louie Chung, Metro Vancouver REALTORÂ® â€” Real Estate AgentÂ atÂ [email protected]Â or call / text ( 6 0 4 ) 7 1 9 â€” 6 3 2 8 today!
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