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6378 Silver Ave - Sun Towers Metrotown 1,414 SF Office/Medical Condo Unit Offered at $1,968,000 CAD in Burnaby, BC V5H 0J2
Investment Highlights
- Triple AAA building
- Heavy foot traffic
- Tenant improvement $250,000 in 2024
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 031-544-223 |
| Cap Rate | 2.26% |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.26% |
| APN/Parcel ID | 031-544-223 |
Description
RIGHT NEXT TO METROTOWN SKYTRAIN STATION ! MEDICAL & PROFESSIONAL USERS – WHY PAY RENT? Rare opportunity for turn-key medical and professional users to own instead of lease in the heart of Metrotown. Located adjacent to Metrotown SkyTrain Station, The Centre at Sun Towers offers unmatched accessibility, visibility, and long-term value within one of Metro Vancouver’s highest-density urban centres. This concrete mixed-use development is ideally suited for medical, dental, wellness, professional services, and office users seeking a transit-oriented location with strong patient and client accessibility. Immediate proximity to SkyTrain, Metropolis at Metrotown, and surrounding residential density ensures consistent foot traffic and convenience. Ownership provides protection against escalating rental rates while building equity. Unit 413 features southern corner exposure with a recent $250K+ tenant improvement.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 413 | 1,414 SF | Office/Medical | $1,968,000 CAD ($1,391.80 CAD/SF) | $44,476.80 CAD |
Unit 413
| Unit Size |
| 1,414 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,968,000 CAD ($1,391.80 CAD/SF) |
| NOI |
| $44,476.80 CAD |
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Unit 413
| Unit Size | 1,414 SF |
| Condo Use | Office/Medical |
| Price | $1,968,000 CAD ($1,391.80 CAD/SF) |
| NOI | $44,476.80 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.26% |
| APN/Parcel ID | 031-544-223 |
| Description | |
| RIGHT NEXT TO METROTOWN SKYTRAIN STATION ! MEDICAL & PROFESSIONAL USERS – WHY PAY RENT? Rare opportunity for turn-key medical and professional users to own instead of lease in the heart of Metrotown. Located adjacent to Metrotown SkyTrain Station, The Centre at Sun Towers offers unmatched accessibility, visibility, and long-term value within one of Metro Vancouver’s highest-density urban centres. This concrete mixed-use development is ideally suited for medical, dental, wellness, professional services, and office users seeking a transit-oriented location with strong patient and client accessibility. Immediate proximity to SkyTrain, Metropolis at Metrotown, and surrounding residential density ensures consistent foot traffic and convenience. Ownership provides protection against escalating rental rates while building equity. Unit 413 features southern corner exposure with a recent $250K+ tenant improvement.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 649,152 SF | Floors | 7 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 92,736 SF |
| Property Subtype | Apartment | Year Built | 2022 |
| Building Class | A | Lot Size | 1.18 AC |
| Zoning | CD - Comprehensive Development (CD) District | ||
| Total Building Size | 649,152 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 7 |
| Typical Floor Size | 92,736 SF |
| Year Built | 2022 |
| Lot Size | 1.18 AC |
| Zoning | CD - Comprehensive Development (CD) District |
Amenities
Site Amenities
- Day Care
- Security System
- Bicycle Storage
- Conference Rooms
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 194 | - | - |
Very walkable
80/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
70/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Edward Jones |
-
|
October 2035
|
1 of 12
Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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6378 Silver Ave - Sun Towers Metrotown
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