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Renanza Realty
For sale

1570 SPERLING AVENUE

Burnaby, British Columbia

MLS® R3116592

$2,995,000

Status
Active
Property type
Multi-family
MLS® number
R3116592
Bedrooms
9
Bathrooms
6
Year built
1966

Listing 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.

Property summary

MLS® number
R3116592
Property type
Multi-family
Building type
Duplex
Square footage
4,347 sq ft
Title
Freehold
Land size
9040 square feet
Built in
1966
Annual property taxes
$7,902.83
Parking
5 spaces
Days on market
124 days

Features & details

Lot features
Central location

What would this home cost you?

Based on the $2,995,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$13,935 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Rennie & Associates Realty Ltd., Vancouver.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.