The Opportunity
Built in 1967, 7030 Hall Avenue is a well located three storey wood frame apartment building comprising 19 residential suites in the desirable South Burnaby neighbourhood. Situated on a 15,845 square foot lot, the property is designated High Rise Apartment 1 – 30 Storeys under Burnaby’s OCP, providing significant long term redevelopment potential while generating income from the existing apartment building.
Located close to Highgate Village, Edmonds Town Centre, Kingsway and Metrotown, the property benefits from a highly accessible and amenity rich location. Residents enjoy walking distance access to shopping, grocery stores, restaurants, banking and Edmonds SkyTrain Station. This combination of stable existing income, strong rental demand and substantial future redevelopment potential positions the property as a compelling multifamily investment opportunity
