Inhabit Vancouver Office Listings

404 Royal Avenue in New Westminster: Downtown NW Fourplex for sale : MLS®# R2991224

404 Royal Avenue New Westminster V5Y 2B1 : Downtown NW

$2,799,000
Prop. Type:
Residential Income
MLS® Num:
R2991224
Status:
Active
Bedrooms:
12
Bathrooms:
8
Year Built:
1979
TURN-KEY INVESTMENT- 4PLEX fully rented! Gross income potential $11,753 per month. CAP 4%. Each unit are spacious 2 level, 3 bedrooms, 1.5 bath, in-suite laundry, approx 1200sq ft per unit + BONUS outdoor space and very private, surrounded by greenery. Ample parking and storage in the back of building. Excellent location with 88 walk score- 5 min walk to skytrain, 7 min to water, 1 block to City Hall & Park, 2 blocks to Douglas College. Many upgrades done including numerous new windows and sliding doors, 2 new kitchens, flooring, 3 freshly painted units, new fences, new bathrooms, landscaping etc...! OCP designated as Mid Rise Apartment- rezoning potential! 350m to Columbia Skytrain (3.0FAR allowance per TOD legislation).
Property Type:
Residential Income
Dwelling Type:
Quadruplex
Home Style:
Two Levels
Year built:
1979 (Age: 46)
Living Area:
Switch units of measure5,208 sq. ft.
Building Area - Total:
Switch units of measure5,208 sq. ft.
Levels:
Two
Bedrooms:
12 (Above Grd: 12)
Bathrooms:
8.0 (Full:4/Half:4)
Taxes:
$8,670.81 / 2022
Lot Area:
Switch units of measure6,468 sq. ft.
Lot Frontage:
Switch units of measure49'
Lot Details:
49 x 132
Outdoor Area:
Balcony
Plan:
NWP2620, 11021
Construction Materials:
Frame Wood, Stucco
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
Switch units of measure2,604 sq. ft.
Floor Area Fin - Above Main 2:
Switch units of measure0 sq. ft.
Floor Area Fin - Main:
Switch units of measure2,604 sq. ft.
Floor Area Fin - Total:
Switch units of measure5,208 sq. ft.
Fireplaces:
4
Fireplace Details:
Wood Burning
Patio And Porch Features:
Patio, Deck
Parking Features:
Garage Under Building
Parking:
Garage Under Building
Parking Total/Covered:
8 / 8
Title to Land:
Freehold NonStrata
Balcony
Fire Sprinkler System, Smoke Detector(s)
4
Fire Sprinkler System, Smoke Detector(s)
Age Restrictions:
No
By-Law Infractions:
N
Income as at Date:
Oct 01, 2023
# Units Total:
4
# 3Bdrm Units:
4
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Water Connected
Listed by Oakwyn Realty Ltd.
Data was last updated May 4, 2025 at 02:35 PM (UTC)

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Hello, I'm Steve!

Find out more about Inhabit Vancouver.

Feel free to call me at 604.376.1458 or
send me a message