$9,588,000
Est. payment /mo
0.4 Acres Lot
Active
52 Royal AVE New Westminster, BC V3L 1G8
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8076610
Year Built 1962
Lot Size 0.400 Acres
Property Sub-Type Multi Family
Property Description
Prime Location 22-Unit Multi-Family Apartment Building in Transit-Oriented Development (TOA) Zone –Exceptional Redevelopment Opportunity. Desirable Transit-Oriented Development site with easy access to Skytrain, bus routes, transit hubs, parks, shopping, restaurants, schools, community centre, ice rink, and pool, this established 22-unit multi-family apartment building delivers strong, consistent rental income from its current tenant base. Spanning a generous lot size. The property offers exceptional redevelopment potential. Ideal for Visionary Investors and Developers seeking to capitalize on zoning advantages, proximity to premium amenities, and transit connectivity. Available for purchase as a strategic assembly with 57 Agnes St and 76 Coburg St, unlocking expanded scale and value-add possibilities. Do not disturb tenants – showings by appointment only to qualified buyers. Contact for financials
Location
Province BC
Community Downtown Nw
Area New Westminster
Zoning RM2 - OCP MIDRISE
Exterior
Utilities Available Electricity Connected, Fully Serviced, Phone Connected
Building
Story 3
Sewer Public Sewer
Water Public
Others
Ownership Freehold

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