For Sale · Office

205 4378 BERESFORD STREET, Burnaby

205 4378 BERESFORD STREET, Burnaby, BC V5H0H6

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

85%

About this property

Second Floor corner office unit. 12ft ceilings. Dedicated Commercial elevator, secure underground parking, plenty of street parking, bike storage, commercial use only end of trip facilities (showers, washrooms and lockers) located on P1 level. Excellent exposure along Beresford Street. Within a 2 minute walk to Metrotown Skytrain Station and Bus Loop. 5 min walk to Metrotown Mall. Dedicated commercial loading area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

60,105

Households

26,297

Median income

$111,000

Median age

34.3

Daytime population

79,531

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 205 4378 BERESFORD 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.