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4788 Hastings St
Burnaby, BC V5C 2K7
VALEO · Multifamily Property For Sale · 62 Units

INVESTMENT HIGHLIGHTS

  • Excellent exposure to pedestrian and vehicular traffic along Hastings Street, exceeding 38,700 vehicles per day
  • Well located along Burnaby’s key transit corridor with the R5 RapidBus connecting Burnaby’s SFU exchange into the heart of Downtown Vancouver
  • 2,000 SF shared rooftop amenity, available to all office tenants
  • Valeo sits on the southwest corner of Gamma Avenue and Hastings Street in the Burnaby Heights neighbourhood
  • Valeo is a new mixed-use development featuring 62 residential suites of 1, 2, and 3 bedrooms as part of the residential component
  • Average household income within a 1km radius of the property is $115,148

EXECUTIVE SUMMARY

Valeo is a 5-storey mixed-use development, featuring 62 residential units, and approximately 32,386 SF of retail and 25,516 SF of office space. Valeo is strategically positioned to service existing density and additional residential growth within an immense yet highly affluent trade area. The property stands to benefit from its prominent location in Burnaby Heights, with immediate proximity to transit and future density along Hastings Street.

PROPERTY FACTS

No. Units 62
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 1.22 AC
Building Size 127,283 SF
No. Stories 5
Year Built 2025
Parking Ratio 0.03/1,000 SF
APN / Parcel ID 025-782-029
Zoning CD - Comprehensive Development

AMENITIES

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Recycling
  • Public Transportation
  • Key Fob Entry
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 3 - 498
1+1 15 - 623 - 735
2+1 34 - 855 - 900
3+2 10 - 1,140
  • Listing ID: 34193736

  • Date on Market: 2024-12-13

  • Last Updated:

  • Address: 4788 Hastings St, Burnaby, BC V5C 2K7

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