- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8077696
- Build. Type:
- Low Rise (2-4 storeys)
- Photos (7)
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Mixed-use investment property on a prominent corner site in North Burnaby offering stable in-place income with revenue upside and future redevelopment potential. Located at the southwest corner of Hastings Street and Beta Avenue, the 11,880 sf site is improved with a well maintained two-storey building comprising 4 retail units and 9 residential suites. The property benefits from diversified income, strong retail frontage, and an established neighbourhood commercial setting along a major transit corridor with direct access to SFU and Downtown Vancouver. Designated Neighbourhood Commercial with a Low-Rise Residential 2 overlay under the Burnaby 2050 OCP, supporting future mixed-use redevelopment. Ideal for investors seeking secure cash flow and long-term growth. CAP Rate ~4.15%
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Frame Wood
- Name of Complex/Subdivision:
- 1
- Num Storeys:
- 2
- Building Type:
- Low Rise (2-4 storeys), Mixed Use
- # Bldgs:
- 2
- # Units Total:
- 9
- # Other Units:
- 0
- # of Apartments:
- 9
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 1
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 6
- # of 2 Bedroom Apartments:
- 2
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1960 (Age: 66)
- Living Area:
- 15,800 sq. ft.
- Subject Property Depth:
- 120'
- Subject Property Width:
- 99'
- Retail Size:
- 7,601 sq. ft.
- Wrhse Size:
- 8,199 sq. ft.
- Lot Area:
- 11,761.2 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- NEIGHBOURHOOD COMMERCIAL + LOW-RISE RESIDENTIAL 2, No
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Cooling:
- Mixed
- Electricity:
- No
- Sewer:
- Public Sewer
- Env Assmt Comment:
- FURTHER INVESTIGATION IS NOT WARRANTED... PHASE II REPORT BY KEYSTONE ENVIRONMENTAL 2015
- Parcel Number:
- 800185480
- Taxes:
- $0 / 2025
- No
- Yes
- # Elevators:
- 11
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- NEIGHBOURHOOD COMMERCIAL + LOW-RISE RESIDENTIAL 2, No
- Env Assmt Phase:
- Yes
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View of urban area -
Aerial view of property and surrounding area
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Drone / aerial view of city skyline
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Aerial view of property's location featuring a mountain backdrop
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Photo 5 of 7
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Photo 6 of 7
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Photo 7 of 7
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated April 22, 2026 at 07:40 PM (UTC)
- Jean Seguin
- RE/MAX Real Estate Services
- (778) 785 2135
- sales@restaurantbusinessbroker.ca
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.
Copyright 2026 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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.