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Burnaby mixed-use development site sold for $8.3M

The site includes two separate lots under the Sixth Street Community Plan
edmonds
 
A two-property development assembly in Burnaby has sold for $8.3 million, Macdonald Commercial Real Estate tells Western Investor. 
 
The mixed-use development site has holding income and provides 143 feet of frontage along Edmonds and Wedgewood Streets. The site has a maximum buildable area of 57,167 square feet. The properties are under the Sixth Street Community Plan. 
 
The properties are located at 7763 and 7767 Edmonds St., Burnaby. 
 

Breakdown: 

 
Price: $8,300,000
Lot Size: 25,985 SF 
Property Type: Land 
Zoning: C-4/R5
Date of Sale: 04/30/2019
City: Burnaby  
Province: B.C. 
Name of Brokerage: Macdonald Commercial Real Estate Ltd. 
 
 

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