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52 ROYAL AVENUE, New Westminster BC V3L 1G8 - Photo 1

$9,588,000

52 ROYAL AVENUE, New Westminster BC V3L 1G8

Commercial SaleMLS# C8076610

Building Size

17,730 sqft

Lot Size

17,424 sqft

Sub-type

Multi Family

Zoning

RM2 - OCP MIDRISE

Year Built

1962

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

52 ROYAL AVENUE, New Westminster BC V3L 1G8

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MLS® data provided by the Fraser Valley Real Estate Board and Greater Vancouver REALTORS®. Not intended to solicit properties already listed.