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101-105 6968 Royal Oak Avenue
Metrotown Burnaby V5J 4J2

$8,800,000
Retail

View of apartment building / complex
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8073966
Build. Type:
Low Rise (2-4 storeys)
A rare chance to acquire FIVE fully leased commercial retail units located right next to the Royal Oak SkyTrain station. This high-exposure property offers strong, stable cash flow with long-term tenants in place, providing immediate and reliable income for investors. Situated in a modern 4-year-old building, all units are fully improved with quality finishes and come with secured 14 dedicated on-grade parkings. The property benefits from excellent visibility, steady foot traffic, and proximity to major amenities and transit. An ideal turnkey investment for those seeking a low-maintenance, income-producing asset in a prime, location.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Construction:
Concrete, Frame Wood, Metal Siding
Building Type:
Low Rise (2-4 storeys), Mixed Use, Street-Level Storefront
Home Owners Association:
Yes
Year built:
2021 (Age: 4)
Living Area:
6,472 sq. ft.
Class Of Space:
Class AAA
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
Parking:
Guest
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Varies by Unit, Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Electricity Connected, Fiber Optics at Lot Line, Garbage Collection, Phone Connected, Street Lighting, Sidewalk, Sanitary sewer at LotLine
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
031203957
Taxes:
$79,039.66 / 2025
Storefront, Washrooms Female/Male
No
Handicap Access/Facil
Security System, Secured Yard
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$2,762.58
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 101-105 6968 Royal Oak Avenue in Burnaby: Metrotown Retail for sale (Burnaby South) : MLS®# C8073966
    View of apartment building / complex
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Listed by Macdonald Realty
Data was last updated November 21, 2025 at 12:40 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) 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 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 or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) 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 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 or the CADREB.