WASIM MOHAMMED

REAL ESTATE

Properties

Burnaby For Lease

2312-4500 KINGSWAY, Burnaby, British Columbia

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Description

Great Investment property in busy & unique Crystal Mall in the heart of Metrotown. The 457sqf unit features wide facade with great exposure, superior traffic with few steps to food court, and no waste layout. Long term tenant just renewed 3 years contract. Considerable rent income & best time to invest now. This well managed & famous comprehensive shopping mall attracts many professionals including dentists, lawyers, accountants, HSBC, restaurants, traveling agents, phone shops, Hilton 5 stars hotel, food supermarkets, hair salons, emigrated study abroad companies, characterized stores . This central complex surrounded by many tall towers and businesses. Two minutes walk to skytrain & buses. One designated parking included and hundreds of free customer parking. RM5 zoning allows variety business usage for retail store or professional office. Hold on this solid investment now as great potential to grow in coming years while Metrotown is expanding to second downtown of Vancouver. Cap rate: 4.9.

Property Details
Property Type : Retail
Listing Type : For Lease
MLS ID : C8055764
Price : C$698,000
Status : Active
Year Built : 1998
Square Footage : 457 Sqft
Area : Burnaby South
Sub-Area : Metrotown
City : Burnaby
Province : British Columbia
Postal Code : V5H 2A9
Region : Greater Vancouver
Additional Information
Zoning : RM5
Listing Office : Nu Stream Realty Inc.
Source : Vancouver
Total Lease Area : 0
Retail For Lease
  • MLS ID : C8055764
  • Square Footage : 457 Sqft
C$698,000
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