For Sale · Multifamily

4939 SIDLEY STREET, Burnaby

4939 SIDLEY STREET, Burnaby, BC V5J1T6

$1.9M total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

92%

Year Built

1977

Lot Size

0.206198347107438 ac

About this property

R1 (up to 4 units) & TOA zoned non-conforming duplex lot in an ideal Metrotown location. Flat lot (approx 9000sqft) and located on a quiet street. Centrally located and within walking distance to Metrotown, the Skytrain, Nelson Elementary, and Burnaby South Secondary. Consult the City of Burnaby for the redevelopment potential. Lot value only - property sold as is where is. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.95M
Down payment30% · $585K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$68K

Annual cash flow

$-40K

Cash-on-cash

-6.89%

DSCR

0.63

Going-in cap

3.47%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

103,527

Households

44,364

Median income

$132,000

Median age

35.6

Daytime population

150,002

5-yr growth

3.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4939 SIDLEY STREET, Burnaby.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.