Overview
Lougheed Village is a unique Greater Vancouver property. Built in 1973, the mixed-use development offers two 24-storey and two 8-storey residential buildings, a two-storey retail village, and a multilevel parkade. Providing a home to 528 tenants, it’s at the heart of a thriving community in northeast Burnaby.
Location
The subject is located in northeast Burnaby within the Lougheed Town Centre area. Specifically, the property is situated between Cameron Street and the Lougheed Highway, west of the Lougheed Town Centre, and between Erickson Drive and Bell Avenue. The opening of the Millennium SkyTrain line delivered on its promise to revitalize the area. Local schools, community centres, golf courses, and the Lougheed Town Centre are bustling with energy. Residents now enjoy excellent proximity to the Lake City Business Park and SFU, as well as a quick and convenient commute to Vancouver.
Suite mix
No. units | Average size | |
---|---|---|
One Bedroom | No. units304 | Average size755 |
Two Bedroom | No. units144 | Average size1,139 |
Three Bedroom | No. units80 | Average size1,299 |
Commercial | No. units21 |
Financials
Financing | Clear title. | |
---|---|---|
Taxes 2011 | $360,477.11 | |
Income and expenses | Gross income | Gross income$7,400,000 |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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