$ 4.388.000

6340 Kingsway, Burnaby

7 Photos

6340 Kingsway, Burnaby, BC V5E1C5 Photo 2

6340 Kingsway, Burnaby, BC V5E1C5 Photo 3

6340 Kingsway, Burnaby, BC V5E1C5 Photo 4

6340 Kingsway, Burnaby, BC V5E1C5 Photo 5

6340 Kingsway, Burnaby, BC V5E1C5 Photo 6

6340 Kingsway, Burnaby, BC V5E1C5 Photo 7

Living area: 8889 square feet
MLS®: c8052661

Type: Commercial
Added: 307 days ago

Property Details

Fantastic investment opportunity in a freestanding multi-tenanted commercial building with 69 foot frontage on Kingsway. This fully leased building had many updates in 2021 that included new exterior siding, bathrooms, doors, paints, flooring, just to mention a few. Additionally, it has a cap rate of more than 6% approximately with reliable tenants. It's notable to mention that this property is a short drive to Metropolis at Metrotown and about a twenty minutes walk to Royal oak skytrain station. Email The listing agent for details. Please do not walk into the building and do not contact any of the tenants. (id:1945)

Property Information

Tax Year: 2023
Utilities: Electricity
Year Built: 1963
Living Area: 8889
Lot Features: Lane
Photos Count: 7
Lot Size Units: square feet
Tax Annual Amount: 28707.96
Lot Size Dimensions: 6879
Zoning Description: C-4

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Nearby Places

Name	Type	Address	Distance
Tim Hortons	Cafe	6641 Kingsway	0.4 km
The One Restaurant	Restaurant	5908 Kingsway	0.4 km
British Columbia School for the Deaf	The school teaches secondary students...		1.1 km
Burnaby South Secondary School	It is one of the eight high schools within School ...		1.1 km
Royal Oak station (TransLink)	The station itself is in southern Burnaby...		1.2 km
Edmonds station (TransLink)	It was built in 1985 as part of the original Expo ...		1.2 km
Burnaby-Deer Lake	It was first be contested in the 2009 general elec...		1.8 km
Deer Lake Park	Park	6450 Deer Lake Ave	1.8 km
Deer Lake (British Columbia)	Deer Lake is home to a wide variety of flora and f...		1.9 km
Byrne Creek Secondary	School	10 Ave	2.0 km
Metropolis at Metrotown	Shopping mall	4700 Kingsway	2.2 km
Metropolis at Metrotown	With over 450 shops and services, the anchors are ...		2.2 km

Similar Commercial listings Stat in Burnaby

We have found 6 Commercial that closely match the specifications of the property located at 6340 Kingsway with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 3,600,000 and 6,000,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the V5E1C5 postal code area of Burnaby British Columbia Canada.

Demographic Information

Neighbourhood Education

Master's degree	40
Bachelor's degree	140
University / Above bachelor level	10
University / Below bachelor level	15
Certificate of Qualification	10
College	105
University degree at bachelor level or above	185

Neighbourhood Marital Status Stat

Married	315
Widowed	90
Divorced	40
Separated	20
Never married	140
Living common law	45
Married or living common law	355
Not married and not living common law	285

Neighbourhood Construction Date

1961 to 1980	10
1991 to 2000	240
2001 to 2005	20
2006 to 2010	10

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