A 10-unit rental apartment building in Burnaby has sold for $5.9 million, NAI Commercial tells Western Investor.
The two-storey building was built in 1955, situated on a 9,107-square-foot lot. The property has an assessed value of $4,695,700 and sold for $590,000 per suite. The holding property is designated as a high-rise development site.
The property is located at 6730 Dow Ave., Burnaby.
Breakdown:
Price: $5,900,000
No. of Units: 10
Price/Unit: $590,000
Lot Size: 9,107 SF
Property Type: Multi-family
Zoning: RM-3
2017 B.C. Assessment Value: $4,695,700
Date of Sale: 01/09/2018
City: Burnaby
Province: B.C.
Name of Brokerage: NAI Commercial
Do you have a Done Deal you'd like to promote? Submit here for a free posting!
