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THE OAKMORE 6739 Royal Oak Ave

15 Unit Apartment Building $8,348,581 USD ($556,572 USD/Unit) Burnaby, BC V5H 3P5

Executive Summary

Prime development opportunity in the heart of Burnaby's Metrotown plan. This property features a well-maintained 15-unit apartment building, offering solid income generation with immense redevelopment potential. Located in one of Burnaby's most sought-after areas, this site is ideal for high-rise development. Situated in the Frequent Transit Network, minutes from Metrotown Shopping Centre, SkyTrain stations, and parks, this location provides unbeatable urban convenience and connectivity. Take advantage of Burnaby's growth and t he city's future development plans. A rare chance for investors and developers looking to capitalize on Burnaby's burgeoning real estate market.

Property Facts

Price $8,348,581 USD
Price Per Unit $556,572 USD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.33 AC
Building Size 23,541 SF
No. Stories 3
Year Built 1964

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 30 - -
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (83)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM3
RM3
  • Listing ID: 33910070

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 6739 Royal Oak Ave, Burnaby, BC V5H 3P5

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