5242 Kingsway, Burnaby
Excellent opportunity to acquire a well-established Coffee shop, fresh-made ice cream, bubble tea, and beverage cafe in a prime Burnaby location. Centrally situated on the busy Kingsway corridor near Royal Oak, with strong visibility and steady traffic. Known for its handcrafted ice cream, premium bubble tea, and specialty beverages, the business offers a welcoming and cozy atmosphere with excellent potential for growth. The 1,550 Sf spacious layout provides ample opportunity to expand seating, enhance the interior concept, or introduce additional menu offerings to further increase revenue. Attractive lease rate of only $5,200 per month, including property taxes and additional rent. Secure lease in place until May 31, 2030. Please contact the Listing Agent for additional information and to arrange a private viewing. (id:1945)
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Property details for 5242 Kingsway, Burnaby
- Type
- Commercial
- Living Area
- 1,550 square feet
Nearby Listings Stat
Estimated price and comparable properties near 5242 Kingsway
Active Listings
527
Min Price
$30,000
Max Price
$8,500,000
Avg Price
$1,144,246
Days on Market
84
days
Sold Listings
138
Min Sold Price
$299,000
Max Sold Price
$3,650,000
Avg Sold Price
$1,010,985
Days until Sold
90
days
Neighbourhood Census Data
Burnaby, British Columbia / Colombie-Britannique
Population
2,703
Median Age
35.1
Median Income
$29,120
Dwelling Value
$450,302
Housing Tenure
Owners 67%
Renters 33%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 3,038.1/km²
Avg Shelter Cost: $1,601/mo
Owners with Mortgage: 79.9%
Owners Spending 30%+: 40%
Tenants Spending 30%+: 59%
English only: 85.9%
French only: 0.2%
English and French: 4.3%
Neither: 9.8%
Median Household Income: $59,872
Median Employment Income: $33,728
Price History
Listed
August 13, 2026
by Heller Murch Realty
Current Price
$199,000
-43.1% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $199,000 | $151,000 (-43.1%) |
| Aug 13, 2026 | $350,000 | Listed |
