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7229 Kingsway in Burnaby: Highgate Land Commercial for sale (Burnaby South) : MLS®# C8072528

7229 Kingsway Burnaby V5E 1G5 : Highgate

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$26,000,000
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8072528
Status:
Active
CBRE Limited is pleased to offer an exclusive opportunity to purchase a 1. 04 acre redevelopment property located at 7229 Kingsway in Burnaby, BC (the "Property"), designated within the new Edmonds Town Centre Plan as "High-Rise Apartment 2" allowing building heights of 40 storeys. Potential for 2 towers on this site. Edmonds Town Centre is located just to the east of Metrotown, this exceptionally well-located development site currently has two free standing retail buildings which are fully leased to a top McDonald's Drive Through Restaurant and Me-n-Ed's Pizza Parlor. The Property is nestled in a high-traffic area with great exposure along Kingsway and immediate access to neighbourhood amenities, grocery stores, retail shops, cafes, restaurants and the Edmonds Skytrain Station.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Retail
Living Area:
Switch units of measure7,754 sq. ft.
Subject Property Depth:
Switch units of measure0'
Subject Property Width:
Switch units of measure0'
Contiguous Spc:
Switch units of measure0 sq. ft.
Minimum Divisible Area:
Switch units of measure0 sq. ft.
Lot Area:
Switch units of measure1.04 acre(s)
Zoning:
Potential to Redevelop:
Area plan to allow building heights of 40 storeys., No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Env Assmt Comment:
Completed Phase 1, recommends no further investigation.
Parcel Number:
007085541
Taxes:
$241,658.5 / 2024
No
Water Rights:
No
Roof:
Potential to Redevelop:
Area plan to allow building heights of 40 storeys., No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by CBRE Limited
Data was last updated January 28, 2026 at 04:10 AM (UTC)
RAYMOND LEUNG
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.