Great Opportunity for Builders and Investors with great cash flow! Prime investment opportunity in a rapidly growing neighborhood! This R1-zoned multifamily building sits on an 8,292 sq ft lot with 5,055 sq ft of living space across two stories plus a basement. It features four self-contained suites each with separate entrances and in-suite laundry with plenty of parking. Additional perks include a caretaker suite, bonus basement suite, workshop, storage, and bike room. Recently renovated and just steps from High Gate Village, Metrotown, schools, and transit, this property offers excellent future development potential! Future institutional zoning under the 2050 plan.
Address
7365 CANADA WAY
List Price
$2,890,000
Property Type
Multifamily
Type of Dwelling
Fourplex
Style of Home
2 Storey w/Bsmt.
Area
Burnaby East
Sub-Area
Edmonds BE
Bedrooms
10
Bathrooms
8
Floor Area
5,371 Sq. Ft.
Lot Size
8292 Sq. Ft.
Year Built
1945
MLS® Number
R2983038
Listing Brokerage
eXp Realty
Basement Area
Full, Fully Finished, Separate Entry
Postal Code
V3N 3J4
Zoning
R1
Parking
DetachedGrge/Carport, Open, RV Parking Avail.
Parking Places (Total)
8
Tax Amount
$6,721.44
Tax Year
2024
Heat Type
Baseboard, Hot Water