| ADDRESS | 5170 Hastings Street, Burnaby, BC |
| LEGAL DESCRIPTION | LOT 11, BLOCK G, PLAN NWP1254, DISTRICT LOT 127, GROUP 1, NEW WESTMINSTER LAND DISTRICT, EXCEPT PLAN 22210 |
| PID | 003-624-340 |
| SITE SIZE | 12,989 SF |
| OCP | Capitol Hill: Medium Density Multiple Family Residential |
| ZONING | RM-3 |
| GROSS TAX (2024) | $11,486.57 |
| ASSESSED VALUE (2025) | $3,647,000 |
| TOTAL SUITES | North Building – 5 units; South Building – 7 units |
| FINANCING | Assume Clear Title |
| Cap Rate | 4.1% |
| LIST PRICE | PRICE PER SUITE | $3,600,000 | $300,000 |
Apartment For For Sale
5170 Hastings Street, Burnaby BC
Summary
The Opportunity
CBRE National Apartment Group – BC is excited to present this unique investment opportunity at 5170 Hastings Street, featuring two walk-up apartment buildings built in 1954 comprising a total of 12 suites.
This property offers a stable income-generating opportunity for investors, with a balanced suite mix ranging from bachelor units to a rare 4 bedroom unit, and is centrally located in a desirable area with easy access to amenities, and with the potential for future redevelopment.
Suite Mix
| Bachelor | 2 |
| 1 Bed | 1 |
| 1-bedroom plus den | 4 |
| 2 Bed | 4 |
| 4 Bed | 1 |
| Total | 12 Units |
Property Photos
Contact
Address:
Canada, 5170 Hastings Street, Vancouver
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