FOR SALEKINGSWAY & EDMONDS STREET

BURNABY, BC

FORM RETAIL ADVISORS INC.

Metrotown

Kingsway

Edmonds Street

Britton Stre

et

18 Avenue

SUBJECT SITE

HIGH PROFILE MIXED-USE DEVELOPMENT LANDSKINGSWAY & EDMONDS STREET | BURNABY, BC

FOR SALE

DAVID MORRIS*604 638 2123dmorris@form.ca

*Personal Real Estate Corporation

JACK ALLPRESS*604 638 1975jallpress@form.ca

DEVELOPMENT POTENTIAL

• The Edmonds Town Centre Plan currently permits for Low Medium Density Mixed-Use. City of Burnaby Planning Department has indicated support for densities higher than the current designation should the subject properties be consolidated. Please contact the Listing Agent for further details relating to discussions with the City of Burnaby.

• 137,374 SF corner lot with efficient site frontages of approximately:• Kingsway: 291.53 Feet• Edmonds Street: 467.16 Feet• Britton Street: 135.79 Feet • 18 Avenue: 341.40 Feet

TRANSIT• The Subject Site is steps away from Edmonds SkyTrain Station which connects Burnaby to areas all

over Metro Vancouver. • Translink bus routes in the area including bus #112, #116 and #129

FOR SALEKINGSWAY & EDMONDS STREET

BURNABY, BC

FORM REAL ESTATE ADVISORS INC.

OPPORTUNITY The Vendors have exclusively retained Form Real Estate Advisors Inc. (the “Listing Agent”) to facilitate the sale of the 100% freehold interest in 7375 Kingsway, 7260 Edmonds Street, 7263 18th Avenue & 7269 18th Avenue, collectively (the “Subject Site”). Well-located on the southwest corner of Kingsway and Edmonds Street in the Edmonds Town Centre neighbourhood of Burnaby, British Columbia, the Subject Site offers a rare opportunity to acquire a large contiguous parcel of mixed-use designated land in a rapidly evolving and desirable neighbourhood.

MARKET OVERVIEW The Subject Site is located within the heart of the Edmonds Town Centre. With its central position within the Metro Vancouver Region, Burnaby remains as one of the fastest growing markets for development in the province. In 2017, Burnaby achieved a record-breaking year for building permits worth $1.05 billion, an increase from $819 million issued in 2016. Between 2012 and 2017 the population of Burnaby grew by 6.8% to 248,793 and has projections to grow by an additional 6.5% by 2022.

Edmonds Town Centre is quickly developing into a major hub as well as a desired location for high density living within the City of Burnaby. The area continues to thrive with a diverse mix of retail, residential, civic amenities and businesses. Major mixed used projects such as Highgate Village and Kings Crossing have helped to further establish the Edmonds Town Centre.

700 metres toEdmonds Skytrain

Station

SUBJECT SITE

300 metres toEdmonds Community

Centre600 metres to

Edmonds CommunitySchool

Burnaby Public Library

850 metres toSt. Thomas Moore

Collegiate

250 metres toHighgate Village

900 metres toByrne Creek

Secondary Centre

Kings Crossing by Cressey

$89,195AVERAGE HOUSEHOLD INCOMES

$$

6.5 BURNABYGROWTH RATE (2012-2017)

%

3rdLARGEST CITY IN BRITISH COLUMBIA

Multiple DevelopmentsCURRENTLY UNDER CONSTRUCTIONIN THE EDMONDS TOWN CENTRE

248,793 CURRENT POPULATION

20,200 HOUSEHOLDS BY 2041IN THE EDMONDS TOWN CENTRE

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Edmonds Town Centre Plan

0 90 180 27045

Meters

1:12,000

T:\GIS\projects\development plans\maps\Edmonds.pdf - Updated to November 17, 2014

TOWN CENTREEDMONDS

Plan updated to November 17, 2014

PLANNING & BUILDING DEPARTMENT

General Land Use Designation Key

Single and Two Family Residential

Medium Density Multiple Family Residential (RM2/RM3)

High Density Multiple Family Residential (RM4/RM5)

High Density Mixed Use (RM5, C2/C3)

Medium Density Mixed Use (RM3/C2, C9)

Low/Medium Density Mixed Use (RM1/RM2, C1/C2)

Low or Medium Density Multiple Family Residential (RM1/RM2)

Commercial (C2/C3/C4)

Institutional (P1/P2/P5/P6)

Industrial (M2/M4)

Park and Public Use/Public School (P3)

Institutional and Medium Density Residential

SUBJECT SITE

FOR SALEKINGSWAY & EDMONDS STREET

BURNABY, BC

FORM REAL ESTATE ADVISORS INC.

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EXPO LINE

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Edmonds Town Centre Plan

0 90 180 27045

Meters

1:12,000

T:\GIS\projects\development plans\maps\Edmonds.pdf - Updated to November 17, 2014

TOWN CENTREEDMONDS

Plan updated to November 17, 2014

PLANNING & BUILDING DEPARTMENT

General Land Use Designation Key

Single and Two Family Residential

Medium Density Multiple Family Residential (RM2/RM3)

High Density Multiple Family Residential (RM4/RM5)

High Density Mixed Use (RM5, C2/C3)

Medium Density Mixed Use (RM3/C2, C9)

Low/Medium Density Mixed Use (RM1/RM2, C1/C2)

Low or Medium Density Multiple Family Residential (RM1/RM2)

Commercial (C2/C3/C4)

Institutional (P1/P2/P5/P6)

Industrial (M2/M4)

Park and Public Use/Public School (P3)

Institutional and Medium Density Residential

SUBJECT SITE

Edmonds Town Centre Land Designation Map

SALIENT DETAILS

CIVIC ADDRESS7375 Kingsway, 7260 Edmonds Sreet, 7263 18th Avenue &

7269 18th Avenue, Burnaby, BC

LEGAL DESCRIPTION PARCEL A DISTRICT LOT 95 GROUP 1 NEW WESTMINSTER DISTRICT PLAN

BCP1913; LOT 1 GROUP 1 DISTRICT LOT 95 NEW WESTMINSTER DISTRICT

PLAN 71407; LOT 15 DISTRICT LOT 95 GROUP 1 NEW WESTMINSTER DISTRICT

PLAN 1915; LOT 14 DISTRICT LOT 95 GROUP 1 NEW WESTMINSTER DISTRICT

PLAN 1915

PID 025-516-507; 003-826-775; 002-748-533; 003-053-326

APPROXIMATE

TOTAL LOT SIZE

137,374 SF (3.15 acres)

CURRENT IMPROVEMENTS7375 Kingsway: 3 storey office building with retail at grade totaling 16,262 SF

7260 Edmonds Street: Stand alone Rona building with outdoor yard

TRAFFIC COUNTS35,688 vehicles per day along Kingsway

17,415 vehicles per day along Edmonds Street

CURRENT ZONING C3 - General Commercial District: This District is designed to serve the needs

of a large consumer population, both on a local and a municipal level. For more

Information, please click here.

R5 - Residential District: This District provides for the use and development of

two-family dwellings on larger lots in medium density residential areas. For more

Information, please click here.

ENVIRONMENTALPre-existing environmental investigations will be provided to qualified prospective

purchasers upon execution of a Confidentiality Agreement.

OFFICIAL

COMMUNITY PLAN

The Subject Site is supported by the Edmonds Town Centre Plan (1994) and

falls with the Low Medium Density Mixed-Use area. Planning has indicated that a

rezoning to RM-2 and C-1 would be supported under current plan designation.

Contact listing agent for further details regarding discussions with the City of

Burnaby Planning Department.

CONFIDENTIALITY AGREEMENT &

CONFIDENTIAL INFORMATION

MEMORANDUM

A Confidential Information Memorandum will be made available upon execution

of the Confidentiality Agreement by qualified prospective purchasers.

OFFERING PROCESS A formal submission date shall be established by the Agent in the near future.

FINANCING Available Clear Title

ASKING PRICE Contact Listing Agent

FOR SALEKINGSWAY & EDMONDS STREET

BURNABY, BC

FORM RETAIL ADVISORS INC.

Edmonds Street

Kingsway

18th Avenue

SUBJECT SITE

New Westminster

FORM REAL ESTATE ADVISORS INC. 1280-333 SEYMOUR STREET, VANCOUVER, BC V6B 5A6T 604 638 2121 | F 604 638 2122 | FORM.CA

The information contained herein has been prepared by Form Real Estate Advisors Inc. for advertising and general information only. Form Real Estate Advisors Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Form Real Estate Advisors Inc. excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This communication is not intended to cause or induce breach of an existing listing agreement.

WALKING SCORE: 81*

TRANSIT SCORE: 75*

BIKE SCORE: 83*

EXCELLENT TRANSIT

VERY WALKABLE

VERY BIKEABLE

HIGH PROFILE MIXED-USE DEVELOPMENT LANDSKINGSWAY & EDMONDS STREET | BURNABY, BC

FOR SALE