Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 9840

Square Footage 9,840 sqft

Price per Sqft $456

MLS® Listing ID C8082812

Year Built 1977

Lot Size 8,699 Sqft

Acres 8699.0

Property Description

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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Listed by Sutton Centre Realty

76 COBURG STREET New Westminster, BC V3L5G7

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Nader Bakhoum, PMP, P.Eng.

Key Details

Location

Rooms

Exterior

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76 COBURG STREET