5111 Imperial Street
Metrotown Burnaby V5J 1E3

$14,500,000
Multi-Family Commercial

Main Photo: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 1: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 2: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 3: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 4: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 5: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 6: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 7: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 8: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 9: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 10: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Photo 11: 5111 Imperial Street in Burnaby: Metrotown Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8068885
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8068885
Build. Type:
Low Rise (2-4 storeys)
Strategic corner site, steps from Metrotown. Under the RM-4s designation and within the TOA designation - 200 meters from skytrain. This prime highrise development site is located just minutes away from Royal Oak Sky Train Station and is within short walking distance to a myriad of local restaurants, boutique stores, and popular parks. Along with the attraction of a quiet residential neighborhood, a major appeal is the site's proximity to Metropolis at Metrotown, the largest shopping Center in British Columbia and the host of nearly 400 stores and services. 21 Units fully rented and solid income while waiting for permits. Neighbouring site also available for consolidation. Prime opportunity in Burnaby's most desirable community. Call today for our marketing package.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys)
# Units Total:
0
# Other Units:
0
# of Apartments:
0
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
21
# of 3 Bedroom Apartments:
0
Year built:
1965 (Age: 60)
Living Area:
0 sq. ft.
Lot Area:
16,301 sq. ft.
Zoning:
RM-3
Potential to Redevelop:
POTENTIAL HIGH DENSITY DEVELOPMENT, NEIGHBOUR AVAILABLE, No
Road Surface:
Paved
Heating:
Baseboard
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Garbage Collection, Phone Connected, Sidewalk
Sewer:
Public Sewer, Sanitary Sewer, Septic Tank
Parcel Number:
002947455
Taxes:
$41,580.02 / 2024
Laundry Facility
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Asphalt
Potential to Redevelop:
POTENTIAL HIGH DENSITY DEVELOPMENT, NEIGHBOUR AVAILABLE, No
Env Assmt Phase:
No
Cap Rate %:
0.0
Gross Income:
31500.0
Oper. Expenses:
0.0
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$0
Original Price:
$14,500,000
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Listed by Royal LePage West Real Estate Services
Data was last updated May 31, 2025 at 07:40 AM (UTC)
Adil Dinani