$8,500,000

5111 Imperial Street, Burnaby, BC V5J 1E3

MLS® C8080639

Description

Strategic corner site, steps from Metrotown. Under the RM-4s designation and within the TOA designation - 200 meters from skytrain. This prime highrise development site is located just minutes away from Royal Oak Sky Train Station and is within short walking distance to a myriad of local restaurants, boutique stores, and popular parks. Along with the attraction of a quiet residential neighborhood, a major appeal is the site's proximity to Metropolis at Metrotown, the largest shopping Center in British Columbia and the host of nearly 400 stores and services. 21 Units fully rented and solid income while waiting for permits. Neighbouring site also available for consolidation. Prime opportunity in Burnaby's most desirable community. Call today for our marketing package.

Property

Property type

Commercial Sale

Style

Multi Family

Structure

Low Rise (2-4 storeys)

Year built

1,965

Ownership

Freehold

Levels

2

Systems

Heating

Baseboard

Lot and parking

Lot size

16,301 sq ft

Road surface

Paved

Costs

Annual property tax

$41,580

Tax year

2,024

Location

Area

Burnaby South

Neighbourhood

Metrotown

Waterfront

No