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7229 Kingsway
Highgate Burnaby V5E 1G5

$26,000,000
Land Commercial, Retail

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View of marketing collateral with multiple images
Photo 1: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
Photo 2: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
Photo 3: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
Photo 4: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
Photo 5: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
Photo 6: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
Status:
Active
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8072528
  • Photos (6)
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CBRE Limited is pleased to offer an exclusive opportunity to purchase a 1. 04 acre redevelopment property located at 7229 Kingsway in Burnaby, BC (the "Property"), designated within the new Edmonds Town Centre Plan as "High-Rise Apartment 2" allowing building heights of 40 storeys. Potential for 2 towers on this site. Edmonds Town Centre is located just to the east of Metrotown, this exceptionally well-located development site currently has two free standing retail buildings which are fully leased to a top McDonald's Drive Through Restaurant and Me-n-Ed's Pizza Parlor. The Property is nestled in a high-traffic area with great exposure along Kingsway and immediate access to neighbourhood amenities, grocery stores, retail shops, cafes, restaurants and the Edmonds Skytrain Station.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Retail
Living Area:
7,754 sq. ft.720 m2
Subject Property Depth:
0'0 m
Subject Property Width:
0'0 m
Contiguous Spc:
0 sq. ft.0 m2
Minimum Divisible Area:
0 sq. ft.0 m2
Lot Area:
1.04 acre(s)0.42 hectare(s)
Zoning:
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Potential to Redevelop:
Area plan to allow building heights of 40 storeys., No
Fencing:
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# Of Parking Spaces - Total:
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Road Frontage:
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Heating:
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Electricity:
No
Env Assmt Comment:
Completed Phase 1, recommends no further investigation.
Parcel Number:
007085541
Taxes:
$241,658.5 / 2024
No
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Water Rights:
No
Roof:
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Potential to Redevelop:
Area plan to allow building heights of 40 storeys., No
Env Assmt Phase:
Yes
Cap Rate %:
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Gross Income:
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Oper. Expenses:
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Association Fee:
$.00
Other Income:
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Effective Gross Income:
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Net Operating Income:
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Previous Price:
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Original Price:
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Status:
Active
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8072528
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  • Photos (6)
  • Schedule a viewing:
    Cancel any time.
  • Schedule / Email
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KEVIN LEE
  • KEVIN LEE
  • 1200 W 73RD AVE #100, VANCOUVER, BC V6P 6G5
  • 1 (604) 6005777
  • Contact by Email
  • Photo 1: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
    View of marketing collateral with multiple images
  • Photo 2: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
    View of miscellaneous listing collateral
  • Photo 3: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
    View of marketing collateral with multiple images
  • Photo 4: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
    Map / location
  • Photo 5: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
    View of a document with multiple images
  • Photo 6: 7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South)  : MLS®# C8072528
    Map / location
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Listed by CBRE Limited
Data was last updated October 29, 2025 at 01:40 AM (UTC)
KEVIN LEE
  • KEVIN LEE
  • 1200 W 73RD AVE #100, VANCOUVER, BC V6P 6G5
  • 1 (604) 6005777
  • Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) 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 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 or the CADREB.

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