4106 Albert Street, Burnaby

4106 Albert Street | Burnaby, BC

For Sale, Price Reduced

The Opportunity

Exceptional chance to buy a cash flow producing building in very good condition with underlying land value. Just 2 minutes away from East Hastings, this development opportunity allows for a mixed use building with commercial at grade and a total of six storeys with residential rental units above. The area is rich with many amenities including restaurants, grocery stores, coffee shops and more.

Request the Data Room and Financials

I agree to keeping this information confidential and receive email communication from ApartmentBlocks.

The Suite Mix

# of Units Average Size
1-Bedroom9-
3-Bed/2-Bath Penthouse1-
Commercial6-
Total16-

The Key Details

Price$8,200,000
Lot Size12,078 SF (99’ x 122’)
Floor Space Ratio (FSR)Base FSR 3.0 - Can apply to rezone to CDC8 for increase up to max 4.12 FSR. City will consider this if 4112 Albert St is acquired and included in rezoning application.
Year Built1964
Property Taxes (2021)$43,717
ZoningC8A
Parking10 covered spaces

The Potential Panoramic View

Property on Map

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied.

IF YOU WANT TO STAY AHEAD OF THE MARKET, CLICK HERE