V6V Apartment Buildings for Sale

Apartment Buildings for Sale Within 5 kilometers of V6V

More details for 6669 Telford Av, Burnaby, BC - Multifamily for Sale

Fircrest - 6669 Telford Av

Burnaby, BC V5H 4A1

Multifamily for Sale
$55,000,000 CAD
52,539 SF

Security System
24 Hour Access
Controlled Access
Pool
Wheelchair Accessible
Smoke Detector

Burnaby Multifamily for Sale

STRATA WIND UP over 80% in favor. Prime Metrotown Redevelopment potential of Twin Residential tower on a podium. Existing Building: Consists of 59 strata units. 3 Storey building built in 1975.

Contact:

Republique Group

Property Subtype:

Apartment

Date on Market:

2024-01-25

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6540 & 6592 Telford Avenue

Multifamily for Sale
41,734 SF
2 Multifamily Properties

Burnaby Portfolio of properties for Sale

Cushman & Wakefield presents a rare opportunity to acquire or partner in the redevelopment of 6540 & 6592 Telford Avenue, a prime transit-oriented site in the heart of Burnaby’s Metrotown district. Comprising 43,800 square feet across two legal lots, the property is currently improved with 53 multifamily rental suites generating a stable net operating income of $685,363, offering a valuable holding yield during the entitlement and pre-development phases. Strategically located just 170 meters from the Metrotown SkyTrain Station and adjacent to Metropolis at Metrotown, the site benefits from exceptional connectivity and urban vibrancy. The City of Burnaby’s evolving land use policy supports a proposed density of 425,000 square feet across two towers, with flexible permissions for residential, hotel, retail, and office uses. The draft Official Community Plan designates the site for High-Rise Apartment 1, allowing up to 30 storeys of predominantly residential development. This offering is ideally positioned to capitalize on Burnaby’s pro-development stance, strong demographic fundamentals, and the area’s ongoing transformation into a high-density, mixed-use urban hub. With no formal asking price, interested parties are invited to engage directly with the listing team for pricing guidance and access to the data room upon NDA execution.