Description

Prime mixed use development opportunity at 7763 and 7767 Edmonds Street, Burnaby. Both properties must be purchased together and are offered at a combined asking price of $10,999,000. The property has received 2nd Reading from the City of Burnaby for a proposed 6 storey mixed use development with an approximate 2.2 FAR and a buildable area of 59,335 sq. ft. The current proposal includes 61 residential units, including 12 townhomes, plus 3 commercial units. Existing rental income from four tenants totals approximately $26,941 per month, with an annual gross rental income of approximately $323,292. The City has also indicated that a new application may be submitted to explore an expanded 6 storey development at the rear of the site, potentially increasing the project to approximately 75 unit

Listing Provided By

eXp Realty

Copyright and Disclaimer

The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2026 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.