Investment Overview

Mager Apartments is is highly sought after by tenants, being just steps away from the Columbia Skytrain Station and the many amenities of downtown New Westminster. Four units are currently being held vacant and present a blank canvas for investors to work their own renovation program and rent out the units at above-market rents. The property has undergone numerous upgrades throughout its course of ownership including the installation of breaker panels in all suites, and the replacement of windows, roof, domestic hot water heating system, and plumbing. Several suites have also had complete renovations to kitchens, bathrooms, and flooring.