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6535 KINGSWAY
Highgate Burnaby V5E 1E1

$17,000,000
Land Commercial, Multi-Family Commercial

Main Photo: 6535 KINGSWAY in Burnaby: Highgate Land Commercial for sale (Burnaby South) : MLS®# C8060166
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8060166
A unique multi-family development opportunity on a 35 , 850 sq . ft. site offering value-add potential, with 300 feet of frontage along Kingsway in Burnaby, B.C. The Site is currently improved by an A&W drive-through restaurant, expiring August 2025 . The Property is strategical ly located along Kingsway, a major thoroughfare that runs diagonally from northwest to southeast and crosses through Vancouver and Burnaby. Contact Listing Agent for development potential - - Property is designated Mid-Rise Apartment 1 in the updated Edmonds Town Centre Community Plan. Opportunity to acquire the shares of the bare trust corporation (holding title) .
Sale Type:
Asset
Sublease:
No
Name of Complex/Subdivision:
# Other Units:
Lot Area:
35,850 sq. ft.
Land Use/Zoning:
C-7
Permitted Use:
Mixed Use, Retail
Taxes:
$0 / 2023
Roof:
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: 6535 KINGSWAY in Burnaby: Highgate Land Commercial for sale (Burnaby South) : MLS®# C8060166
    Photo 1 of 1
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Listed by CBRE Limited
Data was last updated June 17, 2024 at 12:05 AM (UTC)
Bruce Long CCIM, FRI, PREC
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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 2024 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.