Investment Property
For Sale
  • Multifamily

    • 6540 & 6592 Telford Avenue

    6592 Telford Avenue, Burnaby, BC V5H 2Z2 Canada
    Investment Property
    For Sale
  • Multifamily

    • 6540 & 6592 Telford Avenue

    6592 Telford Avenue, Burnaby, BC V5H 2Z2 Canada
    Lot Size
    43,800 SF
    Lot Size
    43,800 SF

    OVERVIEW

    Cushman & Wakefield ULC is pleased to present for sale a 100% freehold interest or a joint venture partnership interest in 6540 and 6592 Telford Avenue, Burnaby, BC (the “Property”). The Property is comprised of two legal lots totaling 43,800 square feet and is currently improved with 53 rental suites that generate approximately $685,000 of net operating income. Situated half a block from Metrotown Skytrain Station and Metropolis at Metrotown Shopping Centre, the Property represents a true transit-oriented development opportunity with a proposed density of 425,000 square feet of mixed-use density across two towers. The proposed development and streamlined land use policy from the City of Burnaby offers unique optionality that will potentially permit, condo, rental, hotel, retail, and office built forms. The central location coupled with in-place holding income, and pro-development municipality of Burnaby make this a highly opportunistic development or land bank acquisition.

    CONTACT

    Details

    Sale Price:
    Contact us for pricing
    Lot Size:
    43,800 SF

    CONTACT

    6540 & 6592 Telford Avenue

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

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