Contacts
NAI Commercial BC
Property Details
- Property Type Multi-Family
- Property Size 15,844 SF
- Units 19
- Cap Rate % 3.83
- NOI / YR $315,158.00
- Date Updated Aug 28, 2026
Opportunity to acquire a 19 unit apartment building on a substantial 15,845 SF site in South Burnaby. The property is designated High Rise Apartment 1- 30 Storeys under Burnaby's OCP, offering significant long term redevelopment potential while providing income from the existing apartment building. Built in 1967, the three storey building consists of 18 one bedroom suites and 1 two bedroom suite with stabilized NOI of $229,338. The property is conveniently located near Highgate Village, Edmonds Town Centre, Kingsway, Edmonds Skytraln Statlon and Metrotown, with shopping, restaurants, grocery stores, parks and other amenities nearby.
Reach out to the broker for more info on lease terms and amenities
Getting around
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87/100
Walk Score ®
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75/100
Transit Score ®
-
79/100
Bike Score ®
Location
- City Burnaby, BC
- Neighborhood Richmond Park
- Postal Code V5E 3A9
Points of Interest
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Edmonds
0.58 miles
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22nd Street Skytrain Station
1.40 miles
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Royal Oak
1.53 miles
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Metrotown
2.26 miles
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Shops @ New West Entrance
2.28 miles
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McNeely St - Bus Entrance
2.28 miles
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Carnavon Entrance
2.28 miles
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New Westminster
2.29 miles
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8th Street Entrance
2.29 miles
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Clarkson Street
2.41 miles
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ChargePoint
0.32 miles
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Super Save Gas
0.63 miles
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Smart Gas
0.65 miles
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Chevron
0.69 miles
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Rosemary Brown Arena
0.84 miles
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Petro-Canada
1.06 miles
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New West Secondary School Charger
1.28 miles
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Esso
1.41 miles
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FLO
1.44 miles
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Fox Fuel
1.48 miles
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Burnaby Lake South Side
1.41 miles
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Diagonal Parking Lot
1.67 miles
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Impark
1.97 miles
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Metrotown Underground Parking Entrance
2.19 miles
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Westminster Towers
2.20 miles
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66 8th Street - Lot #2273
2.21 miles
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Hearts for Parks parking lot
2.46 miles
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Front Street Parkade
2.48 miles
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V4 Visitor
2.57 miles
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Burnaby Rentals Hostel
0.90 miles
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Happy Day Inn
0.93 miles
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Best Western Plus Burnaby Hotel
1.45 miles
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Winston
1.65 miles
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The Lodge at Fortius Sport & Health
2.24 miles
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Holiday Inn Express Vancouver-Metrotown (Burnaby)
2.29 miles
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Arundel Mansion
2.30 miles
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Hilton Vancouver Metrotown
2.33 miles
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Element Vancouver Metrotown
2.35 miles
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Inn at the Quay
2.37 miles
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Jumbo Super Market
0.11 miles
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Save-On-Foods
0.13 miles
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Meskerem Grocery
0.18 miles
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Grand Food Mart
0.20 miles
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Buy-Low Foods
0.24 miles
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Persia Food
0.39 miles
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Ezawa's African Market
0.43 miles
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Mona's Shop
0.60 miles
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Kim's Mart
0.63 miles
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East Africa Grocery
0.63 miles
NAI Commercial BC