FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$2,995,000

1570 SPERLING AVENUE, Burnaby BC V5B 4J9

9 Beds 6.0 Bath 4,347 Sq Ft Built 1966
Multi Family
Listed by: Rennie & Associates Realty Ltd..
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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.

Location

Approximate location supplied by the listing data provider.

Property Details

Property Type Multi Family
Sub Type Duplex
Bedrooms 9
Bathrooms 6.0
Living Area 4,347 sq ft
Lot Size 9,040 sq ft
Year Built 1966
Stories 2.0
Neighbourhood Sperling 5
Listing ID R3116592

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