52 ROYAL AVENUE
New Westminster · MLS® C8076610
17,730 sq ft · 17,438 sq ft lot
House · Multi-family · built 1962 · 221 days on market
Listed by Danny Chaho, Sutton Centre Realty
Realtor's 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
Property details
- Type
- House, Multi-family
- Living area
- 17,730 sq ft
- Lot
- 17,438 sq ft
- Parking
- 0
- Year built
- 1962
- Property tax
- $23,278 / yr
- Days on market
- 221
- MLS®
- C8076610
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Location
Schools
Catchment schools, New Westminster School District 40
- Elementary Herbert Spencer Elementaryhomes in this catchment
1.2 km away · 605 Second St, New Westminster · 604-517-6030
- Middle Ecole Glenbrook Middle Schoolhomes in this catchment
1.4 km away · 701 Park Cres, New Westminster · 604-517-5940
- Secondary New Westminster Secondaryhomes in this catchment
2.1 km away · 820 6th St, New Westminster · 604-517-6122
From the New Westminster School District 40's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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