Carlton Court is a meticulously maintained 26-suite, three-storey rental apartment building located in the highly desirable Queen’s Park neighborhood of New Westminster. Built in 1925, this iconic heritage property has served as a community landmark for a century. It generates over $35k/month in gross income (more than $400k/year) with a 4.3% cap rate and significant upside potential. The unit mix includes 21 one-bedrooms, 1 two-bedroom, and 4 bachelors, with a historically low vacancy rate below 0.5% and a strong tenant base. The building features original hardwood floors, heritage decor, an open-air courtyard, tenant storage, on-site laundry, 13 enclosed garages, and ample street parking. Professionally managed and in excellent condition, this is a rare opportunity to acquire a legacy asset in one of Metro Vancouver’s most sought-after rental markets.More details
Potential redevelopment opportunity! Busy corner location with excellent visibility. Great investment with holding income in this 3,444 sq ft building (retail commercial unit + 2 residential units). Zoning is C2-A, OCP is (ML) Mixed Use - Low Rise which allows up to 6 storeys. Please do not disturb tenants.More details
A Landmark Opportunity in New Westminster! Own a piece of local history with the iconic “Landmark Building,” formerly the BC Penitentiary. Situated on a 47,876 SF (1.1-acre) C-2 zoned lot, this ±11,522 SF heritage building offers exceptional potential for future mixed-use redevelopment, including ground-floor retail or daycare with residential above (verify with City). The building is partly tenanted with the upper level leased and the lower level home to a fully licensed restaurant (134 indoor seats + 160 patio seats). Modern upgrades completed in 1989 include mechanical, electrical, and full sprinkler systems—move-in ready with no major capital expenses required. Over 40 on-site parking stalls with possible room for expansion. This is a rare opportunity to secure a trophy asset with strong holding income, future upside, and undeniable character. A true gem for investors or visionary developers. Private viewings by appointment only. Please contact listing agent for details.More details
Claire Group is excited to present investors with a unique redevelopment opportunity for this corner 3 lot parcel situated in a central location of New Westminster. Developers can continue the rezoning application, which has obtained third reading to construct 18 residential units which includes the retention and on-site relocation of the 1929 Sincock House on its own subdivided parcel, and the construction of three new townhouse buildings. The new buildings would include nine standard side-by-side townhouse units, and eight units in a stacked townhouse format. The bottom units would be one-level accessible dwellings and the top units would front onto Eighth Avenue, giving the appearance of side-by-side units. The heritage house would be restored and legally protected through a Heritage Designation Bylaw. An overall combined Floor Space Ratio of 1.08 (0.71 FSR for the heritage house parcel and 1.13 FSR for the townhouse parcel) is proposed for the site. Buyers should consult with the city of New West.More details
Located across the street from Queensborough Landing and at south end, great exposure off Highway 91A. Home built in 1975 with 2900 SF of living space, 3 br's up & 1 br down, 3 full baths plus 28x33 shop. Zoning is M-1 Light Industrial Districts. Do not go onto property!More details
Must See! Approx. 13,112 sqft corner development site is available in New Westminster Moody Park area. Located at the corner of Twelfth St and London St. Close to third Reading for a 40 units, 2.5 FSR for 32,599 sq.ft buildable area residential development. Next to the bus station, walking distance to Moody Park and Royal City Centre, very convenient community. Occupied by multiple tenants, self management with approx. 1.8% CAP rate. A rare opportunity for developer who is looking for a prime 5-storey development site with multi-tenants and stable income in the heart of New Westminster. Don’t hesitate, call now.More details
PRIME RETAIL PROPERTY IN BUSY UPTOWN NEW WESTMINSTER. CURRENT TENANT IS A DAYCARE BUSINESS WITH STEADY CASH FLOW. This 3648 sq. ft. building on 17,434 sq. ft. lot (117' Width x 148' Depth) would be an ideal assembly with the adjacent properties for a future development of a medium density mixed use building. Close to many amenities, offices, shopping centre, retail stores, homes & just minutes away from New Westminster skytrain station.More details
Colliers presents the opportunity to acquire a 2.31 acre development property approved at 3rd reading for a 45-unit townhouse development site with plans for 49,692 buildable SF. The property is located at the Queensborough district of New Westminster and is within steps of Queensborough Elementary and Middle Schools, Queensborough Community Centre, parks, entertainment and retail amenities.More details
INVESTMENT PROPERTY. Possible HIGH DENSITY Residential/mixed use DEVELOPMENT POTENTIAL with an FAR of 5.2 IN Downtown New Westminster Lot size: 8712 sq.ft with an FAR of 5.2 (45,302 sq.ft buildable). Ideal assembly with adjacent properties. POSSIBLE SALE-LEASEBACK opportunity with an established 30 year old restaurant business. Land & building sale separate from business.More details
Mixed use site in excellent new west location. Must be sold in conjunction with 628 Twelfth street. The two lots would give 62 feet of frontage and for a 4 story mixed use or multifamily building. Build or hold. Property is fully leased. Call Realtor for more details.More details
Mixed use site in excellent new west location. Must be sold in conjunction with 630 Twelfth street. The two lots would give 62 feet of frontage and for a 4 story mixed use or multifamily building. Build or hold. Property is fully leased. Call Realtor for more details.More details
Professionally designed medical office space in an established healthcare-focused building near Royal Columbian Hospital, located next to the Sapperton SkyTrain Station, this 900+ sq ft unit features 4 exam rooms, 3 private offices, and a functional layout ideal for medical or allied health use. Shared reception area with professional front desk services included. Ideal for physicians, specialists, or healthcare teams looking for a turnkey solution in a high-demand medical corridor. Health care office space custom designed for modern medical practitioners, includes a 2,100 SqFt waiting room with common washrooms. This unit is the largest corner unit and can easily be shared. This unit is available for lease as well.More details