5170 Hastings St - Apartments FOR SALE


Burnaby, BC V5B 1P6
$3,600,000 CAD
604-358-6161
5170 Hastings St, Burnaby, BC for Sale
$3,600,000 CAD
Apartments - FOR SALE
1/13
null | 4.1% Cap Rate

5170 Hastings St
Burnaby, BC V5B 1P6


HIGHLIGHTS

  • Ideal location with close proximity to transit, parks and shopping.
  • Competitively priced and a 4.1% cap rate with significant upside.
  • Located in transit corridor which supports long term development.

OVERVIEW

CBRE National Apartment Group - BC is excited to present the Crestview Manor at 5170 Hastings Street. The Property features a compelling mix of oversize suites including a rare 3 bedroom and has been well maintained and upgraded including a new roof on the north building. Crestview Manor is centrally located with easy access to shopping, transit, and Kensington Park. The 12,989 sq. ft. lot offers potential for future redevelopment. This property is situated in the vibrant Capitol Hill neighborhood, bordering the amenity-rich Willingdon Heights area. Residents can walk to a variety of shops, restaurants, and businesses along the Willingdon Heights street front. The property is also just a short walk or 5-minute bike ride to Confederation Park, a 200-acre multi-use park featuring a pool, fitness center, running track, sports fields, playgrounds, and picnic areas. With its ideal location, the property is within the catchment areas for Capitol Hill Elementary and Burnaby North Secondary schools, and is just a 15-minute bus ride to Simon Fraser University. Additionally, Brentwood Mall and Downtown Vancouver are easily accessible by transit.

FOR SALE DETAILS

PRICE

$3,600,000 CAD

PRICE/SF

$265 CAD /SF

# OF UNITS

12

PRICE/UNIT

$300,000

CAP RATE

4.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crestview Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1954

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

RM-3

APN/PARCEL ID

003-624-340

ASK ABOUT THIS PROPERTY

Greg AmbroseCBRE, LimitedMore Info
604-358-6161

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Greg AmbroseCBRE, LimitedMore Info
604-358-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.