7030 HALL AVENUE
Burnaby, BC V5E 3A9 · Highgate
$5,988,000
Type
Commercial Sale
Category
Multi Family
Lot Size
0.36 acres
Zoning
R3R
Taxes (2025)
$15,847
About This Property
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.
MLS® C8081191. Listed by NAI Commercial. Commercial MLS® data provided by Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Chilliwack & District Real Estate Board, and BC Northern Real Estate Board. Information deemed reliable but not guaranteed.