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4071 Kingsway
Central Park BS Burnaby V5H 1Y9

$6,666,666
Business Opportunity

Main Photo: 4071 Kingsway in Burnaby: Central Park BS Business Opportunity for sale (Burnaby South)  : MLS®# C8063364
Photo 1: 4071 Kingsway in Burnaby: Central Park BS Business Opportunity for sale (Burnaby South)  : MLS®# C8063364
Photo 2: 4071 Kingsway in Burnaby: Central Park BS Business Opportunity for sale (Burnaby South)  : MLS®# C8063364
Photo 3: 4071 Kingsway in Burnaby: Central Park BS Business Opportunity for sale (Burnaby South)  : MLS®# C8063364
Status:
Active
Prop. Type:
Business Opportunity
MLS® Num:
C8063364
Bus Major:
Other
Build. Type:
Mixed Use
Rare Metrotown commercial building with great redevelopment potential!!! Great location, just opposite to the Metrotown Central Park, on the Kingsway Corridor, close to Patterson Skytrain station, Crystal mall and shopping center. Big lot size, 8,290 sq.ft with 4.9 FSR ((RM4S/C2). Fantastic profit if land assembly with its left neighbor for high rise in the future. This 3 Levels, 9 units property generates substantial income for easily hold of it. Pls don't miss this great chance and call the listing agent for more information.
Sale Type:
Asset
Sublease:
Yes
Property Type:
Business Opportunity
Commercial Type:
Other/See Remarks
Business Type:
Other
Construction:
Concrete Block, Frame Wood
Num Storeys:
3
Building Type:
Mixed Use
# Bldgs:
1
Year built:
1954 (Age: 71)
Living Area:
9,280 sq. ft.
Subject Property Depth:
128'4"
Subject Property Width:
64'7"
Title to Land:
Freehold
Lot Area:
8,276.4 sq. ft.
Zoning:
Potential to Redevelop:
METROTOWN OCP 4.9 FAR, No
Fencing:
Parking:
Guest
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
No
Services Connected:
Cable Connected, Fully Serviced, Garbage Collection, Phone Connected, Sanitary sewer at LotLine
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
003286029
Taxes:
$40,262.38 / 2023
Paved Yard, Washrooms Female/Male
No
1.5%
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
METROTOWN OCP 4.9 FAR, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 4071 Kingsway in Burnaby: Central Park BS Business Opportunity for sale (Burnaby South)  : MLS®# C8063364
    Photo 1 of 3
  • Photo 2: 4071 Kingsway in Burnaby: Central Park BS Business Opportunity for sale (Burnaby South)  : MLS®# C8063364
    Photo 2 of 3
  • Photo 3: 4071 Kingsway in Burnaby: Central Park BS Business Opportunity for sale (Burnaby South)  : MLS®# C8063364
    Photo 3 of 3
Listed by Nu Stream Realty Inc.
Data was last updated April 4, 2025 at 09:40 AM (UTC)
Ali Asi

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