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7225 GILLEY Avenue
Metrotown Burnaby V5J 4W9

$2,998,800
Industrial, Land Commercial

Ariel of Neighbourhood
Photo 1: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 2: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 3: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 4: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 5: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 6: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 7: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 8: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 9: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 10: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 11: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 12: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 13: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 14: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 15: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Photo 16: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
Status:
Active
Prop. Type:
Industrial, Land Commercial
MLS® Num:
C8054172
Build. Type:
Residential Mix
OPPORTUNITY KNOCKS!!! 'SKYTRAIN CORRIDOR' area ‘M4’ Zoned property with future redevelopment potential. Current usage is residential house on large lot w. 2-story + walkout basement with private entrance for suite potential. BONUS … Back lane access w. 35 x 26' insulated, plumbed, wired, workshop/garage with 2-piece bathroom. Opportunity to use current improvements as multi-family residential property and/or commercial business location (please refer to zoning). Refer to documents tab for access to "data room" showing zoning with current uses allowed.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Residential Mix
Name of Complex/Subdivision:
# Bldgs:
2
# Other Units:
# Storeys:
3.0
Year built:
1947 (Age: 76)
Total Floor Area:
3,104 sq. ft.
Lot Area:
8,976 sq. ft.
Acres Freehold:
8,712 sq. ft.
Lot Depth:
133
Lot Frontage:
65'
Land Use/Zoning:
M4
Permitted Use:
Industrial, Mixed Use
Taxes:
$4,719.36 / 2022
Fenced Yard
Services Connected:
Curb; Gutter, Electricity, Fully Serviced, Garbage Collection, Lane, Lane Paved, Natural Gas, Paved Streets, Telephone, Street Lighting, Sidewalk
Water Supply:
Municipal
HVAC:
Baseboard, Forced Air
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Ariel of Neighbourhood
  • Photo 2: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Ariel
  • Photo 3: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Street View
  • Photo 4: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Exterior View
  • Photo 5: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Entry to Walk-Out Basement
  • Photo 6: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Yard - Rear
  • Photo 7: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Yard - Rear
  • Photo 8: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Garage/Shop Interior
  • Photo 9: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Garage/Shop Interior
  • Photo 10: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Garage/Shop Interior
  • Photo 11: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Rear Street Access
  • Photo 12: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Photo 12 of 16
  • Photo 13: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Photo 13 of 16
  • Photo 14: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Photo 14 of 16
  • Photo 15: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Photo 15 of 16
  • Photo 16: 7225 GILLEY Avenue in Burnaby: Metrotown Industrial for sale (Burnaby South)  : MLS®# C8054172
    Street Scene
Listed by RE/MAX Colonial Pacific Realty
Data was last updated September 28, 2023 at 09:10 AM (UTC)
Bruce Long CCIM, FRI, PREC
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