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Burnaby Metrotown 1.8-acre land assembly sells for $145 million

The 80,000-square-foot, two-lot assembly eyed for high-density mixed-use development
Sutton Group West Coast Realty, Vancouver, for Western investor
kingsway-and-willingdon
Sutton Group West Coast Realty, Vancouver, for Western Investor

Property type: Development land assembly

Location: 4444 and 4488 Kingsway Avenue, Burnaby, B.C.

Number of sites: 2

Land size: 80,000 square feet (total)

Land size in acres: 1.8 acres

Potential: High-density, mixed-use residential development FSR (floor-space-ratio) 14.3

Date of sale: November 30, 2022

Brokerage: Sutton Group West Coast Realty, Vancouver

Broker: Goran Bucan