SOLD DECEMBER 2018!

7707-7735 Kingsway (2 lots for sale totalling 17,245 sf – 2 Separate Listings - These losts are part of a land assembly of 64,448 sf) 144 feet of frontage on Kingsway (over 40,000 passing vehicles per day), There are some street widening setbacks/easements by the city that need
to be confirmed, this location benefits from proximity to an array of amenities close by from residential, retail & Metro town a major shopping centre. Both properties are currently leased for $8581/month until 2020 – Seller pays taxes. The subject property is zoned C4 which allows for its current use as an automobile showroom and Auto repair facility. Under the OCP the City of Burnaby has a FSR1 - with a bonus of .1 – the property can be re-zoned for TH’s –
3 lots out of the nine that are being assembled are owned by the city, they will sell at market value as soon as the rest of the 6 owners agree to sell

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