52 Royal AVE, New Westminster, BC V3L 1G8
$9,588,000
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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


REBGV/FVREB/Chilliwack (Commercial IDX)

NEARBY PROPERTIES FOR SALE

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Marshall Neufeld, PREC*

Marshall Neufeld, PREC*

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+1(604) 786-6429

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52 Royal AVE