Multifamily for Sale

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6605 6607-6665 Royal Oak Avenue
Metrotown Burnaby V5H 3P5

$14,880,000
Land Commercial, Multi-Family Commercial

Main Photo: 6605 6607-6665 Royal Oak Avenue, Burnaby
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8073308
For sale by Court Order. Located in Burnaby’s lively Metrotown neighborhood, this property provides convenient shopping options and is just steps from the Metrotown and Royal Oak SkyTrain Stations, offering quick access to all of Greater Vancouver. Under the Burnaby 2050 Draft Plan, the subject property may be achieve a 30-storey development with the ability to increase height to 40-storeys achieved through a density bonus provision. A minimum of one storey of retail use will be required at ground level.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Commercial Type:
Multi Family
Num Storeys:
2
# Bldgs:
3
# of Apartments:
21
# of 4+ Bedroom Apartments:
1
# of 1 Bedroom Apartments:
19
# of 3 Bedroom Apartments:
1
Year built:
1963 (Age: 62)
Subject Property Depth:
0'
Subject Property Width:
0'
Contiguous Spc:
0 sq. ft.
Minimum Divisible Area:
0 sq. ft.
Lot Area:
24,683 sq. ft.
Zoning:
RM3
Potential to Redevelop:
No
Electricity:
No
Parcel Number:
003146138
Taxes:
$29,261.27 / 2025
No
Water Rights:
No
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
1.66
Association Fee:
$.00
Net Operating Income:
$246,362
Original Price:
$14,880,000
  • Photo 1: 6605 6607-6665 Royal Oak Avenue, Burnaby
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Listed by Colliers
Data was last updated October 30, 2025 at 01:40 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® VOW program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB), the BC Northern Real Estate Board (BCNREB) 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, the BCNREB 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, BCNREB or the CADREB.
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