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Listing REALTOR®
Naomi Wang, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Naomi Wang

REALTOR®, Personal Real Estate Corporation

RE/MAX City Realty

RE/MAX City Realty,
Choose a REALTOR®
Listing REALTOR®
Naomi Wang, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Naomi Wang

REALTOR®, Personal Real Estate Corporation

RE/MAX City Realty

RE/MAX City Realty,

Multi-family for sale

6822 Arcola Street, Highgate, Burnaby

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$3,198,000
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Multi-family for sale in Burnaby, Burnaby South, 6822 Arcola Street, 224974267 | Realtylink.org
Multi-family for sale in Burnaby, Burnaby South, 6822 Arcola Street, 224974267 | Realtylink.org Multi-family for sale in Burnaby, Burnaby South, 6822 Arcola Street, 224974267 | Realtylink.org
/en/multi-family~for-sale~burnaby/224974267
consumersite-GeographicArea3.burnaby

Features

Lifestyle
224974267 3198000 /en/multi-family~for-sale~burnaby/224974267/photos 49.2191000000 -122.9623100000 true
Year Built
1958
Floor Area
9,000 sqft
Lot Size
9,148 sqft
Gross Property Tax
$10,454.74 /year
Building Type
See Remarks
Zoning
RM3
Subject Property Width
75 ft
Subject Property Depth
120 ft
Total no. of Units
10

Personal note

1 January 0001

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Personal note

1 January 0001

Description

Fantastic investment and future development opportunity! This well-maintained 2-storey, 10-unit apartment building offers strong, reliable income with approximately $175,000 in annual rental revenue plus an additional $2,000 from laundry. Fully tenanted with long-term, stable renters.Located in a high-demand, transit-friendly area close to shopping, schools, and amenities. This is a prime holding property with excellent cash flow and long-term value. Even more attractive is its location within a potential land assembly zone, with future redevelopment potential for up to 20-storey high-rise. Whether you’re looking for steady income now or strategic upside in the future, this is a rare and solid opportunity for investors and developers alike.

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

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Available Visit Options

Request a personalised showing with the listing REALTOR®, or add an open house event to your calendar to explore this property!

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Location

Walk Score 86
In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Listing REALTOR®

Naomi Wang
REALTOR®, Personal Real Estate Corporation
RE/MAX City Realty
Contact the REALTOR®

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Request a showing
Available Visit Options

Request a personalised showing with the listing REALTOR®, or add an open house event to your calendar to explore this property!

Showing with the Listing REALTOR®

Book an appointment with the listing REALTOR® to tour the property at your own pace, in person.

Request a showing

Personal note

1 January 0001

Calculators

Mortgage payments Property transfer tax Borrowing capacity

Mortgage payments

$

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3,198,000 $
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Monthly payment chart

Property transfer tax

$

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1% of $200,000 0.00 $
2% of remaining value up to and including $2,000,000 0.00 $
3% of remaining portion over $2,000,000 0.00 $
Estimated Property Transfer Tax 0.00 $

Borrowing capacity

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  • 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.
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