An office property on a 7,320-square-foot lot in Burnaby’s Metrotown area sold June 18 for $7.1 million, more than $500,000 below its assessed value. The site is zone for high-density mixed use, including residential development.
Lot size: 7,320 square feet
Property type: Office
2018 BC Assessment value: $7,569,200
Zoning: High-density, mixed-use RM-SS/C3
Date of sale: June 18, 2019
Address: 6112 Sussex Avenue
City: Burnaby, B.C.
Name of brokerage: NAI Commercial.
Agents: Terry Harding, Jackson Tang, Brandon Harding