






1/86558 KINGSWAY, Burnaby, BC V5E1C5
$5.6M total
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Asset Class
Land
Size
—
Building class
B
Zoning
AG — Agricultural
$ / SF
—
Occupancy
92%
Year Built
1946
Lot Size
0.35544077134986224 ac
Exceptional Burnaby Investment & Redevelopment Opportunity! Rare opportunity to acquire a prominent 15,483 sq. ft. corner property with approximately 133 feet of frontage along Kingsway, providing outstanding visibility and exposure. The property is home to a long-established restaurant serving the Burnaby community for over 47 years. Located within Burnaby's Edmonds Community Plan Area and governed by the Burnaby 2050 Official Community Plan, this high-profile site offers excellent potential for future redevelopment, subject to City of Burnaby approvals. The corner location, generous frontage, ample on-site parking, and proximity to transit, shopping, and major transportation routes make this an exceptional opportunity for investors, developers, and owner-users. Buyer to verify all zoning, permitted uses, redevelopment potential, density, and development opportunities with the City of Burnaby. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$26K
Projected NOI
$282K
Annual cash flow
$-28K
Cash-on-cash
-1.68%
DSCR
0.91
Going-in cap
5.04%
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.
Trade area within 3 miles of the property.
Population
144,215
Households
54,241
Median income
$67,500
Median age
38
Daytime population
154,279
5-yr growth
3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6558 KINGSWAY, Burnaby.
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.