Industrial for sale

8705 Government Street, Government Road, Burnaby

$6,600,000 or
Industrial for sale in Government Road, Burnaby, Burnaby North, 8705 Government Street, 224930299 | Realtylink.org
$6,600,000 or

Industrial for sale

8705 Government Street, Government Road, Burnaby

Features

224930299 6600000 /en/industrial~for-sale~government-road-burnaby/224930299?view=Summary /en/industrial~for-sale~government-road-burnaby/224930299/photos 49.2507000000 -122.9116500000 true
Year Built
1985
Lot Size
36,155 sqft
Gross Property Tax
$26,048.80 /year
Building Type
Quasi Retail
Building / Complex Name
Wellscan
Zoning
M5
Subject Property Width
147.9 ft
Subject Property Depth
249 ft
Amenities
Mezzanine, Storage, Visitor Parking
Ceiling Height
18 ft
# of Docks
4
50

Description

CAMERON area of Burnaby- North side of Government St, East of Cariboo Rd. The property is currently zoned M5 (Light Industrial) and is .829 acres or 36,155 sqft. of land. Currently there is an industrial building of approximately 8,009 sq.ft. The property is located in the Lougheed Town Centre Community Plan which will allow for a Low or Medium Density Multiple Family Residential. Property could be re-zoned to "ground oriented" RM2 designation which would allow for townhomes. Condominiums would not be allowed on this property according to City of Burnaby. Density allowed would be FAR 1.0 so maximum building footprint would be 36,155 sq.ft. on 2-3 levels. The neighbouring property at 8745 Government Street is a 27 unit townhome complex on 44,705 sq.ft property and is a housing unit for Habitat for Humanity.
MLS® Number C8025230

Listing REALTOR®

Brent Roberts, REALTOR<sup>®</sup>

Brent Roberts

REALTOR®

Royal LePage Brent Roberts Realty

Royal LePage Brent Roberts Realty,

Calculate mortgage payments

$
$
%
6,600,000 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 1
Back top