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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