Burnaby mixed-use development site sold for $8.3M

The site includes two separate lots under the Sixth Street Community Plan

By
for Western Investor
May 8, 2019





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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Stuart specializes in commercial investment sales and has sale experience in the United Kingdom, Australia, and Canada.

Macdonald Commercial Real Estate Services Ltd.
1827 West 5th Avenue
Vancouver, BC V6J 1P5
Office: 604-736-5611

Nick has been in the commercial real estate industry in Metro Vancouver and the Fraser Valley since 2006.

Macdonald Commercial Real Estate Services Ltd.
1827 West 5th Avenue
Vancouver, BC V6J 1P5
Office: 604-736-5611

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