krista@kristafreeborn.com
www.kristafreeborn.com


Crest Realty Westside
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6822 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South) : MLS®# C8069198

6822 Arcola Street Burnaby V5E 1H3 : Highgate

View of side of property with a yard and stucco siding
$3,628,000
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8069198
Status:
Active
Build. Type:
See Remarks
Fantastic investment and future development opportunity! This well-maintained 2-storey, 10-unit apartment building offers strong, reliable income with approximately $175,000 in annual rental revenue plus an additional $2,000 from laundry. Fully tenanted with long-term, stable renters. Numerous recent upgrades include new roofs, windows, boiler, furnace, exterior paint, and durable laminate flooring throughout—all contributing to lower maintenance costs and tenant satisfaction. Located in a high-demand, transit-friendly area close to shopping, schools, and amenities. This is a prime holding property with excellent cash flow and long-term value. Even more attractive is its location within a potential land assembly zone, with future redevelopment potential for up to 20-storey high-rise. Whether you’re looking for steady income now or strategic upside in the future, this is a rare and solid opportunity for investors and developers alike.Secure this high-performing asset in a growing neighborhood!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
See Remarks
# Units Total:
10
# Other Units:
0
# of Apartments:
0
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1958 (Age: 68)
Living Area:
Switch units of measure9,000 sq. ft.
Subject Property Depth:
Switch units of measure120'
Subject Property Width:
Switch units of measure75'
Lot Area:
Switch units of measure9,147.6 sq. ft.
Potential to Redevelop:
Contact LR, No
Electricity:
No
Parcel Number:
010404082
Taxes:
$10,454.74 / 2024
No
Water Rights:
No
Potential to Redevelop:
Contact LR, No
Env Assmt Phase:
No
Listed by RE/MAX City Realty and RE/MAX Crest Realty
Data was last updated February 6, 2026 at 01:40 AM (UTC)
KRISTA FREEBORN

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RE/MAX Crest Realty | 300-1195 W Broadway, Vancouver, BC V6H 3X5 | PH: 604-716-9301
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