Great Opportunity for Builders and Investors with great cash flow! Prime investment opportunity in a rapidly growing neighborhood! This R1-zoned multifamily building sits on an 8,292 sq ft lot with 5,055 sq ft of living space across two stories plus a basement. It features four self-contained suites each with separate entrances and in-suite laundry with plenty of parking. Additional perks include a caretaker suite, bonus basement suite, workshop, storage, and bike room. Recently renovated and just steps from High Gate Village, Metrotown, schools, and transit, this property offers excellent future development potential! Future institutional zoning under the 2050 plan.
Address
7365 Canada Way
List Price
$2,890,000
Property Type
Residential Income
Type of Dwelling
Quadruplex
Structure Type
Multi Family
Area
Burnaby East
Sub-Area
Edmonds BE
Bedrooms
10
Bathrooms
8
Floor Area
5,371 Sq. Ft.
Main Floor Area
1787
Lot Size
8292 Sq. Ft.
Lot Size Dimensions
66.21 x 127
Lot Size (Acres)
0.19 Ac.
Lot Size Units
Square Feet
Total Building Area
5371
Frontage Length
66.21
Year Built
1945
MLS® Number
R2983038
Listing Brokerage
eXp Realty
Basement Area
Full, Finished, Exterior Entry
Postal Code
V3N 3J4
Zoning
R1
Ownership
Freehold NonStrata
Parking
Detached, Open, RV Access/Parking, Front Access, Side Access
Parking Places (Total)
8
Tax Amount
$6,721.44
Tax Year
2024
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard, Hot Water
Levels
Two
Number Of Floors In Property
2
Security Features
No Fire Sprinkler System, Smoke Detector(s)
View
Yes
View Type
Mountain View
