1570 SPERLING AVENUE, Burnaby, BC V5B4J9
1570 SPERLING AVENUE, Burnaby, BC V5B4J9
1570 SPERLING AVENUE, Burnaby, BC V5B4J9
1570 SPERLING AVENUE, Burnaby, BC V5B4J9
1570 SPERLING AVENUE, Burnaby, BC V5B4J9
1570 SPERLING AVENUE, Burnaby, BC V5B4J9
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$ 2,995,000
Est. payment | /mo

9 Beds

6 Baths

4,347 SqFt


$ 2,995,000
Est. payment | /mo

9 Beds

6 Baths

4,347 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4347

Square Footage 4,347 sqft

Price per Sqft $688

MLS® Listing ID R3116592

Bedrooms 9

Year Built 1966

Lot Size 9,040 Sqft

Acres 9040.0

Property Sub-Type Freehold

Appx SqFt 4347

Property Description

Sperling 5 - A rare opportunity to own a high performing multifamily asset in N Burnaby. Why you´ll want to invest here: 1. Income generating 5 suite property with 2025 NOI of $118k and clear upside through rent optimization, plus external storage lockers for added revenue. 2. Significant capital improvements, reducing near-term costs and improving long-term stability. 3. 9 bedrooms and 6 bathrooms on a 9,040 sqft lot with strong rental appeal across multiple tenant profiles, plus 5 parking stalls with lane access. 4. Prime N Burnaby location near transit, schools, shopping, parks, tennis, pickleball, and golf. 5. Future development potential adds long-term upside. Don´t miss this turnkey asset in N Burnaby, featuring strong income, significant upgrades, and long-term growth potential. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Others

Ownership Freehold

Virtual Tour https://youtu.be/h3TXIfLp9eI

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Listed by Rennie & Associates Realty Ltd.

NEARBY SCHOOL & BUSINESS

RALPH RICHARDSON

+1(416) 523-6447

ralph@ralphrichardson.ca

119 Merton Street, Toronto

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1570 SPERLING AVENUE