We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
6822 ARCOLA STREET, Burnaby
2025-05-14
Quick Summary
- Location
- 6822 ARCOLA STREET, Burnaby, British Columbia V5E1H3
- Price
- $3,628,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 9000 sqft
- Year of Construction:
- 1958
MLS®#C8069198
Property Description
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! (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 9000 sqft
Land
- Land Size: 9000 sqft
Zoning
- Description: RM3
Information entered by RE/MAX City Realty
Listing information last updated on: 2025-09-11 22:02:15
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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Faith Chan 莫太 國粵潮語服務溫哥華本那比及高貴林 Chan REALTOR®
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- Phone:
- (604) 618-2225
- Email:
- 6182225@gmail.com
- Support Area:
- VANCOUVER, BURNABY, COQUITLAM, PORT MOODY, PORT COQUITLAM
Make your move a" Light and Easy" one with the service of Faith when smart pricing is the key. Faith ...
Full ProfileROBERT Q LEE, PREC
- Phone:
- (604) 908-4522
- Mobile:
- (604) 806-0900
- Email:
- robertqlee@gmail.com
- Support Area:
- Vancouver, burnaby south, richmond, Vancouver West, Vancouver East, north burnaby, north vancouver, yaletown, fairview, mount pleasant, cambie, mt. pleasant, kitsilano, downtown, fraserview, killarney, renfrew, grandview, metrotown, false creek, kerri, Steveston, Main, Fraser, L
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Full ProfileBarb Flesher REALTOR®
- Phone:
- (778) 228-1153
- Email:
- barbflesher@gmail.com
- Support Area:
- Port Moody, Pitt Meadows, Coquitlam, Port Coquitlam, North Burnaby, Maple Ridge, New Westminster
As a member of the Medallion Club for the past 17 years (Top 10% Realtors in the Real Estate Board o ...
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