Arun Rahul Group

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7763 EDMONDS Street, Burnaby
7763 EDMONDS Street, Burnaby
7763 EDMONDS Street, Burnaby
7763 EDMONDS Street, Burnaby
7763 EDMONDS Street, Burnaby
+5 more

7763 EDMONDS Street, Burnaby, British Columbia

$3,365,000
0.1837
Acres

About 7763 EDMONDS Street

Prime mixed use development opportunity at 7763 and 7767 Edmonds Street, Burnaby. Both properties must be purchased together and are offered at a combined asking price of $10,999,000. The property has received 2nd Reading from the City of Burnaby for a proposed 6 storey mixed use development with an approximate 2.2 FAR and a buildable area of 59,335 sq. ft. The current proposal includes 61 residential units, including 12 townhomes, plus 3 commercial units. Existing rental income from four tenants totals approximately $26,941 per month, with an annual gross rental income of approximately $323,292. The City has also indicated that a new application may be submitted to explore an expanded 6 storey development at the rear of the site, potentially increasing the project to approximately 75 unit (id:66920)

Key Features

  • Central location
Rahul Manro
Rahul Manro
Real Estate Associate, Managing Partner
Cell: +1 403-926-2030 VIEW REALTOR® PROFILE

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Estimated monthly payment
$15,737
/month · principal + interest

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