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6832 Arcola Street
Highgate Burnaby V5E 1H3

$3,999,968
Multi-Family Commercial

Main Photo: 6832 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South) : MLS®# C8067922
Photo 1: 6832 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South) : MLS®# C8067922
Photo 2: 6832 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South) : MLS®# C8067922
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8067922
Build. Type:
Low Rise (2-4 storeys)
Highly desirable location 10 apartment units Investment property with upside in rezoning potential for mid rise residential Checking with City rezoning potential as the OCP allows for 12 storeys
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Concrete, Frame Wood, Mixed
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys)
# Bldgs:
1
# Units Total:
10
# Other Units:
10
# of Apartments:
10
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
5
# of 2 Bedroom Apartments:
5
# of 3 Bedroom Apartments:
0
Year built:
1958 (Age: 67)
Living Area:
9,000 sq. ft.
Subject Space Depth:
120'
Subject Space Width:
75'
Title to Land:
Freehold
Lot Area:
9,147.6 sq. ft.
Zoning:
Potential to Redevelop:
Residential multi-family, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Electricity at Lot Line, Electricity Connected, Natural Gas Connected, Street Lighting, Sidewalk, Sanitary sewer at LotLine, City Water at Lot Line
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
002967391
Taxes:
$9,366.23 / 2024
No
Common Water Heater
1% OF THE SALE PRICE
No
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
Residential multi-family, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 6832 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South) : MLS®# C8067922
    Photo 1 of 2
  • Photo 2: 6832 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South) : MLS®# C8067922
    Photo 2 of 2
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Listed by RE/MAX Select Properties
Data was last updated April 25, 2025 at 08:35 PM (UTC)
KEVIN LEE
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