Prime Location 18-Unit Multi-Family Apartment Building with a 3.06 Cap Rate, in a 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 18-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 52 Royal Ave 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 (id:13843)
| MLS # | C8082798 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1957 |
| Days On Site | 8 |
| Listing Provided By | Sutton Centre Realty | Danny Chaho |
| SQ Feet | 13,113 |
|---|---|
| Zoning | RM 2 - OCP MID RISE |
| Acreage | 0.20 |
| Fireplace Yes / No | No |
|---|
| Tax Annual Amount | 14920.98 |
|---|---|
| Tax Year | 2026 |
| Province | BC |
|---|---|
| City | New Westminster |
| Postal Code | V3L1E2 |
| Listing VS Median (in V3L1E2) | |
Price: $4,350,000 low | high Med: $700,000 sqft: 13,113 low | high Med: 1,210 $ / sqft: $332 low | high Med: $579 On site: 8 low | high Med: 262 | |
| Province | BC |
|---|---|
| City | New Westminster |
| Postal Code | V3L1E2 |
| Listing VS Median (in V3L1E2) | |
Price: $4,350,000 low | high Med: $700,000 sqft: 13,113 low | high Med: 1,210 $ / sqft: $332 low | high Med: $579 On site: 8 low | high Med: 262 | |