Multi-family
Offered at
$4,489,200
- Living area
- 9,840 sq. ft.
MLS® C8082812
Listed by Sutton Centre Realty
The property
About this property.
4.64% Cap! Exceptional Multi-Fam Investment & Redevelopment Opportunity with a 4.64% Cap Rate! This 12-unit apartment building is ideally located in New West's Transit-Oriented Development Area, offering stable rental income, strong location fundamentals, and long-term redevelopment potential. Convenient access to SkyTrain, bus routes, parks, shopping, restaurants, schools, a community centre, ice rink, and pool supports consistent tenant demand and future value creation. Situated on a generous lot, the property presents compelling potential for investors, builders, and developers seeking a transit-connected, amenity-rich location. Purchasers should independently verify zoning, OCP designation, redevelopment potential, and all property details with the City of New Westminster and their advisors. Also available as part of a strategic assembly with 57 Agnes Street and 52 Royal Avenue, with flexible options to purchase individually, in combination, or as the complete assembly. Do not disturb tenants. (id:67648)
The particulars
Property details.
Details below are supplied by the listing feed. Confirm measurements, rights, fees and taxes for the particular property.
Property and layout
- Property type
- Multi-family
- Year built
- 1977
- Living area
- 9,840 sq. ft.
Ownership and costs
- Annual property tax
- $12,898.30 · 2026
Land and parking
- Lot area
- 8,699 sq. ft.
- Lot dimensions, as supplied
- 8699
- Zoning description
- RM-2 - MID RISE APAR
Comfort and construction
- Fireplace
- No
Setting and services
- Utilities
- Water
Location details
- City
- New Westminster
- Province
- British Columbia
- Postal code
- V3L5G7
The setting
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the location.
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Source record updated 20 Oct 2026, 00:10 UTC.