For Sale · Multifamily

4 7337 DOW AVENUE, Burnaby

4 7337 DOW AVENUE, Burnaby, BC V5J3X3

$2.6M total

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

99%

Year Built

2027

Lot Size

0.06931818181818182 ac

About this property

Rare opportunity to own a luxury detached fourplex-style residence on one of Metrotown´s most desirable and quiet streets. Currently under construction, this impressive 3-level home offers 3,761 sq.ft. of thoughtfully designed living space with 8 bedrooms and 7 bathrooms. The functional open-concept layout features a stunning gourmet kitchen with premium cabinetry, quality appliances, a large island, and a spacious spice kitchen. Bright living and dining areas, elegant finishes, and quality craftsmanship throughout create an exceptional living experience. Ideal for families or investors. Buyers may still have the opportunity to customize select interior finishes and materials to suit their personal taste. Conveniently located close to Metrotown, schools, shopping, restaurants, and transit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.63M
Down payment30% · $790K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$111K

Annual cash flow

$-35K

Cash-on-cash

-4.47%

DSCR

0.76

Going-in cap

4.20%

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

127,769

Households

52,368

Median income

$105,500

Median age

33.3

Daytime population

204,325

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 4 7337 DOW AVENUE, 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.