Listing Details

52 Royal Avenue

52 Royal Avenue

New Westminster, New Westminster, British Columbia

$9,588,000

  • 17,730 sq ft
  • Multi-family
  • Built 1962

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 (id:67742)

Property details

Building & interior

Lot size
17,438 sq ft

Lot & exterior

Lot size
17438 sq ft
Zoning
RM2 - OCP MIDRISE
Utilities
Water, Electricity, Telephone

Strata & taxes

Lease per unit
square feet
Property taxes
$23,277.58
Tax year
2025

Listed by Danny Chaho, Sutton Centre Realty

Book a showing · Call 604-771-6415

CENTURY 21 IN TOWN REALTY

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