FOR SALE

Metrotown Income Property4909 KINGSWAY, BURNABY, BC

• High exposure property at the corner of Kingsway and Nelson

• Prime location next to Metrotown with over 80,000 cars passing per day

• 3,820 square foot building• RM5s/C3 zoning allowing up

to 5 FAR residential and 6 FAR commercial

ASKING $4,465,300

KARIM WINSOR Personal Real Estate Corporation

TEL 604 319 6439 EMAIL karim@karimwinsor.com

Best Buy & CIBC

Station square by anthem

Future ONNI development

London Drugs

Metrotown

NELSON

KING

SWAY

www.karimwinsor.com

SUBJECT PROPERTY

THE BUILDING

The property is improved with a 3,820 square foot building that includes 1,965 square feet on the main floor and 1,855 square feet below. There is one tenant and 10 parking stalls.

LOCATION

The property is located on the corner of Kingsway and Nelson Street with very high vehicular exposure of over 80,000 cars per day. London Drugs, Metrotown and CIBC are all within a block of the property. Future high-rise development potential with neighbouring properties.

PROPERTY HIGHLIGHTS

• High exposure commercial location

• $70,800 net income with lots of upside potential

• Lot area is 4,847 square feet

• 10 parking stalls at rear

KARIM WINSOR Personal Real Estate Corporation

TEL 604 319 6439 EMAIL karim@karimwinsor.com

www.karimwinsor.com

ENVIRONMENTAL

A phase I environmental report is currently being prepared.

OFFICIAL COMMUNITY PLAN (OCP)

The property fits within the Metrotown Downtown Plan. As shown in the box to the left, the property is proposed to be high density mixed use.

ZONING

RM5s/C3 zoning allows up to 5 FAR for residential and up to 6 FAR for commercial use.

LEGAL DESCRIPTION

4909 Kingsway

PID: 012-192-431

Lot 1 except: part on plan with bylaw file 30078; district lot 32 group 1 New Westminster plan 1444

ASKING PRICE

$4,465,300

4909 KINGSWAY, BURNABY, BC

The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by TRG Commercial Realty Ltd. or any of its affiliates. TRG Commercial Realty neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness or suitability of, or decisions based upon or in connection with, the Information. The Information may change and property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of TRG Commercial Realty.

KARIM WINSOR Personal Real Estate Corporation

TEL 604 319 6439 EMAIL karim@karimwinsor.com

www.karimwinsor.com

4 8 M E T R O T O W N D O W N T O W N P L A N

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MarlboroughElementary

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LobleyPark

Proposed MetroDowntownOpen Space

BC Parkway

BC Parkway

BC Parkway

MaywoodPark

CivicSquare

BobPrittie

Library

KinneePark

George McLeanPark

Central Park

RM5 RM5s RM4s/C2

MetrotownGENERAL LAND USE RM3s

Medium DensityResidential

RM4s RM4s/C3 RM5s/C2 RM5s/C3 Live/WorkOpportunity

Park/Open Space

NeighbourhoodCommercialOpportunityC1

PublicSchool

NeighbourhoodBoundary

SkyTrain StationC2/P2

SkyTrain

LEGEND

High Density Residential High Density Mixed Use

Institutional

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4 . 3 . 1

Metro Downtown

Metro Downtown is the Downtown core and primary centre for urban activity, civic services, and commerce.

RM5s/C3 Park/Open Space

Institutionall PublicSchool

NeighbourhoodBoundary

SkyTrain StationC2/P2

SkyTrain

LEGEND

SUBJECT PROPERTY

�

KARIM WINSOR Personal Real Estate Corporation

TEL 604 319 6439 EMAIL karim@karimwinsor.com

www.karimwinsor.com

4909 KINGSWAY, BURNABY, BC

NELSON

KING

SWAY

Surrey City Centre

New Westminster

Skytrain Station

Metrotown

Skytrain Station

SUBJECT PROPERTY