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Sold

Side-by-side buildings

4651 & 4663 Hastings Street, Burnaby

SOLD $6,750,000

Price $4,850,000 + $2,350,000
Property type Mixed-use investment / redevelopment
Units 8 residential suites & 5 commercial units
Storeys 3 & 2
Net rentable area 11,139 SF
Year built 1965 & 1977
Lot size 99’ × 104’ (10,296 SF)
Zoning C-4A
Cap rate 3.47%
Gross rent multiplier 20.4
Parking 8 surface & 5 secured underground stalls
Floor space ratio 2.4
Development potential Up to 24,710 SF
Price per SF buildable $291
PID 012-108-707, 012-108-669, 002-531-615
Sale price $6,750,000
Sale date 03/27/2021

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