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7165-7195 Stride Av 1.56 Acres of Commercial Land Offered at $16,500,000 CAD in Burnaby, BC V3N 1T8
INVESTMENT HIGHLIGHTS
- Offering flexible optionality for either condo or purpose-built rental, catering to a wide range of development strategies.
- Steps from Highgate Village Shopping Centre, Edmonds Community Centre, local schools, and parks.
- Located within the newly approved Edmonds Community Plan, benefiting from a height-based framework and reduced setbacks.
- Direct access to Kingsway, Marine Way, and Highway 91A ensures seamless travel to major employment and commercial hubs.
EXECUTIVE SUMMARY
Situated at the corner of Stride Avenue and 16th Avenue in Burnaby, this large-scale, consolidated development site offers a premier opportunity within the newly approved Edmonds Community Plan. Envisioned for a 6-storey woodframe project, the site supports flexible development options for either market condominiums or purpose-built rental, appealing to a wide range of strategies and exit scenarios. The plan's height-based framework and reduced setbacks enhance both density and design flexibility, while the surrounding neighbourhood is already seeing significant redevelopment activity, underscoring sustained demand.
PROPERTY FACTS
| Price | $16,500,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.56 AC |
| Zoning | R1 - Residential | ||
| Price | $16,500,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.56 AC |
| Zoning | R1 - Residential |
1 LOT AVAILABLE
Lot
| Price | $16,500,000 CAD | Lot Size | 1.56 AC |
| Price Per AC | $10,603,697.41 CAD |
| Price | $16,500,000 CAD |
| Price Per AC | $10,603,697.41 CAD |
| Lot Size | 1.56 AC |
DESCRIPTION
This transit-oriented location is just a short walk to Edmonds SkyTrain Station, offering direct access across Burnaby, New Westminster, and downtown Vancouver. The site is also steps from Highgate Village Shopping Centre, Edmonds Community Centre, local schools, and numerous parks, enhancing long-term livability for future residents. With excellent road connectivity via Kingsway, Marine Way, and Highway 91A, and surrounded by successful mid-rise and townhouse projects, this property stands out as a compelling opportunity in one of Burnaby’s fastest-growing residential corridors.
Walk Score®
Very Walkable (77)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (73)
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7165-7195 Stride Av
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