Forgot password Extend Verify Contact
Main Photo: 6401 KINGSWAY in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8047859
Prop. Type:
Land Commercial, Retail
MLS® Num:
0.75 acre site with 200 ft. of frontage along Kingsway and well-positioned for future mixeduse development. The Subject Property is reportedly expected to be amalgamated into the Edmonds Town Centre Plan which is outlined to provide a mix of housing types to support the growing population base. Sizable building at over 10,000 SF with nearterm lease expiries also providing opportunity for owner-users. The Subject Property benefits from considerable holding income with escalations, and secured by two restaurant tenants, both operating on NNN leases until August 2028. Located in the heart of a transit-oriented neighbourhood, the offering is surrounded by retail amenities, schools, parks and more, and benefits from its frontage along Kingsway with exposure to over 37,000 VPD. Located halfway between Royal Oak and Edmonds Skytrain Stations, both are within a 20 minute walk or five minute drive from the Subject Property
Sale Type:
Name of Complex/Subdivision:
# Other Units:
Lot Area:
32,388 sq. ft.
Land Use/Zoning:
Permitted Use:
$66,336.39 / 2022
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: 6401 KINGSWAY in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8047859
    Photo 1 of 1
Listed by Marcus & Millichap
Data was last updated March 31, 2023 at 09:10 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.