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).
For sale
C$2,799,000
404 Royal Ave, New Westminster, BC V3L 1H8
12beds
5,208sqft
Quadruplex
Built in 1979
-- sqft lot
$-- Zestimate®
C$537/sqft
C$-- HOA
What's special
In-suite laundryOutdoor spaceSurrounded by greeneryAmple parking
- 15 days
- on Zillow |
- 20 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 11:36am
Listed by:
Alice Yang PREC*,
Oakwyn Realty Ltd. Brokerage
Source: Greater Vancouver REALTORS®,MLS®#: R2991224
Originating MLS®#: Greater Vancouver

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Baseboard, Electric
Features
- Basement: Crawl Space
- Number of fireplaces: 4
- Fireplace features: Wood Burning
Interior area
- Total structure area: 5,208
- Total interior livable area: 5,208 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage Under Building
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
- Frontage length: 49
Lot
- Size: 6,534 Square Feet
- Dimensions: 49 x 132
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- Year built: 1979
Community & HOA
Community
- Security: Fire Sprinkler System, Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: New Westminster
Financial & listing details
- Price per square foot: C$537/sqft
- Annual tax amount: C$8,670
- Date on market: 4/16/2025
- Ownership: Freehold NonStrata
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