76 COBURG Street, New Westminster, British Columbia, V3L5G7




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$4,489,200
New Westminster
This multi-family property in New Westminster is for sale offering roughly 9,840 sq ft of space. It has been on the market 20 days, fresher than the New Westminster average of 85 days.
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:66096)
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 85 days across the listings currently for sale in this city
This multi-family in New Westminster has been listed for 20 days, which is 65 days fresher than the city average of 85. Act while there is still low competition.
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