APARTMENT BLOCK WITH DEVELOPMENT POTENTIAL 5710 – 5720 SMITH AVENUE BURNABY, BC

FOR SALE 11,412 SF SITE IN SOUTH BURNABY

8,700 SF BUILDING WITH HOLDING INCOME

DESIGNATED HIGH DENSITY RESIDENTIAL

T JOYCE STREET

SHELL METROTOWN

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Alex Chronakis Associate Retail Sales & Leasing 604 640 5867 [email protected]

Suite 700 - 700 West Georgia Street / PO Box 10023, Pacifi c Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefi eld.com APARTMENT BLOCK WITH DEVELOPMENT POTENTIAL 5710 – 5720 SMITH AVENUE BURNABY, BC

FUTURE LAND USE High Density Mixed Use. Commercial Podiums (offi ce, retail, & or service uses) & Hi rise residential building forms. (buyer to verify with the city of Burnaby) The Metrotown Downtown Plan was adopted by Council on July 24, 2017 designates this block area of properties as RM4s/C2 development.

ZONING/FSR RM4/C2 has a potential of a maximum 4.9 FAR. RM4s has a density of 3.6 FAR (base residential density of 2.5 FAR and a bonus of 1.1 FAR) C2 has a maximum commercial density of 1.3 FAR; the commercial uses

have to front along Kingsway.

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On behalf of the owners, Cushman & Wakefi eld ULC is pleased to off er for sale Contact listing agent.

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5710 Smith Avenue, Burnaby. This is an opportunity to purchase a 9 suite mix H

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multi-family property which form a strategic corner holding parcel to a future N

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high density Mixed use residential tower development site with a N

R E POTENTIAL 4.9 FAR. Contact listing agent. J

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BARKER ME S NU E ST E V I L VE O UE A AV KE N E M M M AVEN P DO NU G E N V HA D OVE R S T R E E T CENTRAL S I A ZE T R L L EET L S N N T WI RE E O ET U PARK S EAST LEE PATTERSON N STATION H E WIL AT V K A Marlborough X Elementary McKAY E S CENT RAL S School U S D KING A E B KING O S L B R NU BC ParkwayVD S OR W BE Bob A Y O Y R UGH S R AVE E Prittie

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LEGEND 3.6 FAR RM4 ZONING (RESIDENTIAL HIGH DENSITY) Metrotown RM3s RM5 RM4sRM5s RM4s/C2 RM4s/C3 RM5s/C2 RM5s/C3 Live/Work Institutional Public Park/ Neighbourhood SkyTrain SkyTrain Neighbourhood GENERAL LAND USE Opportunity School Open Space Commercial Station Boundary (BASE 2.5 FAR + 1.1 FAR BONUS DENSITY) Opportunity C2/P2 C1 Medium Density High Density Residential High Density Mixed Use Residential APARTMENT BLOCK WITH DEVELOPMENT POTENTIAL 5710 – 5720 SMITH AVENUE BURNABY, BC

METROPOLIS AT METROTOWN METROTOWN SKYTRAIN STATION CRYSTAL MALL

PATTERSON SKYTRAIN STATION CENTRAL PARK

SWANGUARD STADIUM

Alex Chronakis Associate Retail Sales & Leasing 604 640 5867 [email protected]

E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. E.&O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefi eld ULC 03/18 bg