Carlo Melo PREC
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57 Agnes Street
Downtown NW New Westminster V3L 1E2

$4,988,000
Multi-Family Commercial

Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8076560
Build. Type:
Low Rise (2-4 storeys)
Prime Location 18-Unit Multi-Family Apartment Building in Transit-Oriented Development (TOA) Zone –Exceptional Redevelopment Opportunity. Desirable Transit-Oriented Development site with easy access to Skytrain, bus routes, transit hubs, parks, shopping, restaurants, schools, community centre, ice rink, and pool, this established 18-unit multi-family apartment building delivers strong, consistent rental income from its current tenant base. Spanning a generous lot size. The property offers exceptional redevelopment potential. Ideal for Visionary Investors and Developers seeking to capitalize on zoning advantages, proximity to premium amenities, and transit connectivity. Available for purchase as a strategic assembly with 52 Royal Ave and 76 Coburg St, unlocking expanded scale and value-add possibilities. Do not disturb tenants – showings by appointment only to qualified buyers. Contact for financials
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
3
Building Type:
Low Rise (2-4 storeys)
# Units Total:
18
# Other Units:
0
# of Apartments:
18
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1957 (Age: 69)
Living Area:
13,113 sq. ft.
Subject Property Depth:
132'
Subject Property Width:
66'
Lot Area:
8,712 sq. ft.
Zoning:
Potential to Redevelop:
Located in the TOA - Transit Orientated Development Site, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
004856635
Taxes:
$15,234.72 / 2025
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Located in the TOA - Transit Orientated Development Site, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Sutton Centre Realty
Data was last updated February 27, 2026 at 03:40 PM (UTC)
CARLO MELO
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.