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8,993 ft²
Multifamily
$3,050,000
Sale


Terry Harding
Terry Harding
NAI Commercial BC

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Terry Harding - 604 691 6615 Jackson Tang* - 604 691 6680 Brandon Harding* - 604 691 6630 *Personal Real Estate Corporation


The Space
Asking Price$3,050,000
Available Space8,993 ft²
Net Operating Income$52218
Property UseInvestment property

The Building - Lawnsdale Apartments

The building is a well maintained apartment with potential for a land assembly in the future. The Highgate area offers plenty of shopping within walking distance on Kingsway, where plenty of transit is also available. Building tenants are just over half of the current market, with a huge upside in rent. 60% of the units are two bedrooms. The subject property is situated in the Highgate area of Burnaby, just one block north of Kingsway and three blocks west of the Highgate Regional Shopping Centre. Transit is available on Kingsway.

Property TypeMultifamily
Floors2
Lot Size8,993 ft²
ZoningRM-3
Year Built1955
Parking Spaces7

Parking
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Terry Harding
Terry Harding
NAI Commercial BC
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