Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Multi-family · New Westminster

52 Royal Avenue

New Westminster, BC V3L1G8

$9,588,000

218 days on market

Bedrooms
0
Bathrooms
0
Floor area
17,730 sq ft
Type
Multi-family
Year built
1962
Taxes
$23,277.58 (2025)
MLS®
C8076610

About this home

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

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$42,454
Strata fee$0
Property taxannual ÷ 12$1,940
Est. monthly total$44,393
Down payment + BC property transfer taxbefore any first-time buyer exemption$2,315,000

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Listing courtesy of Sutton Centre Realty. View on REALTOR.ca

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