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6622-6688 Willingdon Avenue
Metrotown Burnaby V5H 2V8

$28,700,000
Land Commercial, Multi-Family Commercial

View of building exterior
Photo 1: 6622-6688 Willingdon Avenue in Burnaby: Metrotown Land Commercial for sale (Burnaby South) : MLS®# C8067121
Photo 2: 6622-6688 Willingdon Avenue in Burnaby: Metrotown Land Commercial for sale (Burnaby South) : MLS®# C8067121
Photo 3: 6622-6688 Willingdon Avenue in Burnaby: Metrotown Land Commercial for sale (Burnaby South) : MLS®# C8067121
Photo 4: 6622-6688 Willingdon Avenue in Burnaby: Metrotown Land Commercial for sale (Burnaby South) : MLS®# C8067121
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8067121
Build. Type:
Freestanding
On behalf of the Lender, C&W is pleased to offer for sale a 100% freehold interest in 6622 & 6688 Willingdon Avenue, Burnaby, BC (the “Property”). The Property is comprised of two multi-family apartment buildings. The property has received 3rd reading approval to construct a 34 storey, 460 unit apartment building. Seller requires offers to be made on its form of contract. Form of Contract enclosed. Please enquire with listing agent regarding available due-diligence materials.
Sale Type:
Asset or Share
Property Type:
Land Commercial, Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
3
Building Type:
Freestanding, Low Rise (2-4 storeys)
# Units Total:
72
# Other Units:
0
# of Apartments:
72
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
4
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
45
# of 2 Bedroom Apartments:
5
# of 3 Bedroom Apartments:
0
Year built:
1967 (Age: 58)
Living Area:
1.2 acre(s)
Title to Land:
Freehold
Lot Area:
1.2 acre(s)
Zoning:
RM3
Potential to Redevelop:
3rd Reading approved - 345,410sq.ft. residential, No
Electricity:
No
Env Assmt Comment:
N/A
Parcel Number:
006509240
Taxes:
$94,442 / 2024
No
0.50%
Water Rights:
No
Potential to Redevelop:
3rd Reading approved - 345,410sq.ft. residential, No
Env Assmt Phase:
Yes
Cap Rate %:
1.8
Gross Income:
984444.0
Oper. Expenses:
360000.0
Other Income:
$0
Effective Gross Income:
$984,444
Net Operating Income:
$624,444
Original Price:
$35,000,000
  • Photo 1: 6622-6688 Willingdon Avenue in Burnaby: Metrotown Land Commercial for sale (Burnaby South) : MLS®# C8067121
    View of building exterior
  • Photo 2: 6622-6688 Willingdon Avenue in Burnaby: Metrotown Land Commercial for sale (Burnaby South) : MLS®# C8067121
    View of property featuring fence
  • Photo 3: 6622-6688 Willingdon Avenue in Burnaby: Metrotown Land Commercial for sale (Burnaby South) : MLS®# C8067121
    View of property
  • Photo 4: 6622-6688 Willingdon Avenue in Burnaby: Metrotown Land Commercial for sale (Burnaby South) : MLS®# C8067121
    View of property
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Listed by Cushman & Wakefield ULC
Data was last updated April 16, 2025 at 10:35 PM (UTC)
The data relating to real estate on this website comes in part from the MLS® VOW program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB), the BC Northern Real Estate Board (BCNREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® 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 either the GVR, the FVREB, the BCNREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB, BCNREB or the CADREB.