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Active
7229 Kingsway Burnaby, BC V5E 1G5
1.04 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8072528
Annual Tax Amount $241,658
Tax Year 2024
Lot Size 1.040 Acres
Property Description
CBRE Limited is pleased to offer an exclusive opportunity to purchase a 1. 04 acre redevelopment property located at 7229 Kingsway in Burnaby, BC (the "Property"), designated within the new Edmonds Town Centre Plan as "High-Rise Apartment 2" allowing building heights of 40 storeys. Potential for 2 towers on this site. Edmonds Town Centre is located just to the east of Metrotown, this exceptionally well-located development site currently has two free standing retail buildings which are fully leased to a top McDonald's Drive Through Restaurant and Me-n-Ed's Pizza Parlor. The Property is nestled in a high-traffic area with great exposure along Kingsway and immediate access to neighbourhood amenities, grocery stores, retail shops, cafes, restaurants and the Edmonds Skytrain Station.
Location
State BC
Community Highgate
Area Burnaby South
Zoning C-3 & C-7
Others
Restrictions None Known
Ownership Freehold