$3,198,000
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6822 Arcola Street, Burnaby, BC V5E1H3

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- Beds
0 Baths
9,000 Sq Ft

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. Numerous recent upgrades include new roofs, windows, boiler, furnace, exterior paint, and durable laminate flooring throughout'all contributing to lower maintenance costs and tenant satisfaction. 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.Secure this high-performing asset in a growing neighborhood! (id:58753)

Listing By: Naomi Wang - RE/MAX City Realty cncrea2 Realty.com
  • MLS® C8069198
  • Date Listed05/14/2025
  • Days on Realty 388 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 9,000 sq. ft
  • Year Built 1958
  • Square Feet 9,000 sq. ft
  • Price Per Sq. Ft $355.33

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 9,000.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for V5E1H3

Discover key demographics, population statistics, and environmental insights for the Burnaby, BC area.

Walkability in BC / V5E1H3

Source: Walk Score

86/100

Very Walkable

Walk Score ®

75/100

Excellent Transit

Transit Score ®

83/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

12 nearby routes: 11 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 56/100, Bike Score: 55/100.

Points of Interest near 6822 ARCOLA STREET, Burnaby, BC V5E1H3

Frequently Asked Questions for 6822 ARCOLA STREET

Source: Realty.com

6822 ARCOLA STREET, Burnaby, BC V5E1H3 in Burnaby, BC V5E1H3 is a other listed at $3,198,000. Highlights include 9,000 sq. ft., built in 1958, $355 per sq. ft.. Realty.ca has 3 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 3 photos of 6822 ARCOLA STREET.

Our records indicate that 6822 ARCOLA STREET was built in 1958.

The full address for this home is 6822 ARCOLA STREET, Burnaby, BC V5E1H3.

6822 ARCOLA STREET has been listed on Realty.com since Wed May 14, 2025

Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 56/100, Bike Score: 55/100.

Listing provided courtesy of: RE/MAX City Realty
Listing agent: Naomi Wang

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