404 Royal Avenue

Downtown, New Westminster

404 Royal Avenue
404 Royal Avenue
404 Royal Avenue
+14
12
 bed
8
 bath
8
 parking
5208
 sqft
Multiplex
* This unit size is calculated from property.ca data
Sold for
$2,710,000
Listed for
$2,799,000
Sold on 
Apr 22, 2025
6 days
 on site
Sold for
$2,710,000
Listed for
$2,799,000
* This unit size is calculated from property.ca data
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Size
5208 sqft
Lot size
6468 sqft
Street frontage
-
Possession
-
Price per sqft
$520
Taxes
$8,670.81 (2022)
Parking Type
-
Style
Quadruplex
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Description
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).
Broker: Oakwyn Realty Ltd.
MLS®#: R2991224
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
Quadruplex
MLS Size:
5208 sqft
Lot front:
49 Ft
Listed on:
Apr 16, 2025
Show all details
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About 404 Royal Avenue

404 Royal Avenue is a New Westminster multiplex which was for sale. Listed at $2799000 in April 2025, the listing is no longer available and has been taken off the market (Sold Conditional) on 22nd of April 2025. 404 Royal Avenue has 12 beds and 8 bathrooms. 404 Royal Avenue resides in the New Westminster Downtown neighbourhood, and nearby areas include Uptown, Westminster Quay, Historic Sapperton and West End.

There are a lot of great restaurants around 404 Royal Ave, New Westminster. If you can't start your day without caffeine fear not, your nearby choices include The Hide Out Cafe. Groceries can be found at Victoria Food Market which is not far and you'll find Fraserview Dental Centre not far as well. Interested in the arts? Look no further than Art For in, Art Therapy Service or New Westminster Museum. Wanting to catch a movie? Landmark Cinemas New Westminster is within walking distance from 404 Royal Ave, New Westminster. If you're an outdoor lover, multiplex residents of 404 Royal Ave, New Westminster are a short walk from Tipperary Park and Saint Mary's Park.

For those residents of 404 Royal Ave, New Westminster without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Northbound 4th St @ Agnes St) and is a short distance away connecting you to New Westminster's public transit service. It also has route New Westminster Station/victoria Hill, and route Uptown/new Westminster Station nearby.

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association.