Michael Chang
realtor phone number +16042503988 agent realty Royal Pacific Realty Corp.
$7,880,000

4049 HASTINGS STREET, Burnaby

Picture
Video
Listing ID: C8023312
Other
N/A
N/A
6858 sqft
Built In 1954
N/A
N/A
N/A
Property Description
Located in the popular and developing urban village commercial district of Burnaby Heights on Hastings St. Zoned C-8 which allows mixed use of commercial and residential up to 4 stories (52.5 ft) & a maximum F.A.R. of 3.0. This site offers direct/short bus transport to the Gilmore Skytrain Station. The site has 100' of frontage and is 122' deep (12,200 SF). Site currently has a one story building containing 6918 SF leased to 4 tenants (4051, 4053, 4057 & 4061 Hastings. The roof is approx 10 years old. Site has lane access ample parking in the rear. The yearly net income is approximately $130,000. Type of leases range from gross to triple net. Expiry dates of leases range from 2019 to mid 2021. Good tenants with histories going back 8,14,15 & 20 years. Excellent investment holding property (potential for rent increase) or possible development site. The area is filled with new development with more development applications currently in process. (id:26452)

Other located at 4049 HASTINGS STREET was listed 110 days ago. This property is listed at $7880000. The property was built in 1954. 4049 HASTINGS STREET is in the Burnaby neighborhood.


Virtual Tours Created by roomvu.com
Show More
Listed By
MC
Michael Chang
Royal Pacific Realty Corp.
Click to see interactive map!
map of 4049 HASTINGS STREET
Click to see interactive map!
map of 4049 HASTINGS STREET
General Listing Info
View
N/A
Property Taxes
N/A
Title
Other
Detailed Property Facts
Mortgage Estimation
calculate mortgage Calculate Your Own
20% down payment
$27,609
per month
35% down payment
$22,432
per month
50% down payment
$17,256
per month
Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders
roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values
Users That Viewed This Listing Have Also Viewed
By sharing this listing, you have agreed with roomvu's terms and conditions of usage
×
Close
$16823.80
Monthly
Property Price
$
Payment Years
Years
Downpayment %
%
Interest Rate %
%
$16823.80
Monthly
Total Mortgage: $23525
Down Payment: $3523