7365 CANADA WAY, Burnaby BC V3N 3J4

Burnaby East, Edmonds BE

10 bed

8 bath

5,371 sqft

Quadruplex

Built in 1945

8,292 sqft lot

8 parking

Freehold NonStrata

R1 zone

Public remarks

Great Opportunity for Builders and Investors with great cash flow! Prime investment opportunity in a rapidly growing neighborhood! This R1-zoned multifamily building sits on an 8,292 sq ft lot with 5,055 sq ft of living space across two stories plus a basement. It features four self-contained suites each with separate entrances and in-suite laundry with plenty of parking. Additional perks include a caretaker suite, bonus basement suite, workshop, storage, and bike room. Recently renovated and just steps from High Gate Village, Metrotown, schools, and transit, this property offers excellent future development potential! Future institutional zoning under the 2050 plan.

Private remarks

Measurements are approximate, buyer to remeasure if deemed necessary 4plexes are fully renovated including windows, paint, roof, plumbing and electrical, drywall, new appliances. 1 unauthorized basement suite, 1 legal basement authrozied. Private showings only. Some units are tenanted and will require a 24 hour notice. Great income potential!

Buyer agency compensation

3% on the first $100,000 and 1.1625% on the remaining balance

Edmonds BE Neighbourhood

$2,890,000 ($538/sqft)

Active

Listed

03/27/2025

Expiry date

Original price

Gross taxes (2024)

$6,721.44

Property transfer tax

$64,700.00

Last Updated: 03/29/2025 11:16 PM

Courtesy of eXp Realty

7365 Canada Way Details

Above Grade Finished Area: 3789
Basement: Full, Finished, Exterior Entry
Bathrooms Full: 8
Bathrooms Half: 0
Bathrooms Total Integer: 8
Bedrooms Total: 10
Below Grade Finished Area: 0
Bridge Modification Timestamp: 2025-03-30T06:16:05.548Z
Building Area Total: 5371
Buyer Agency Compensation: 3% ON THE FIRST $100,000 AND 1.1625% ON THE REMAINING BALANCE
City: Burnaby
Co List Agent Key: 397318ec0dd559dedce33004456c03ad
Co List Agent Key Numeric: 73125
Co List Agent MLS: V101854
Co List Office Key: a7beb57c6ee314dce0d23729f00fc5c8
Co List Office Key Numeric: 4352
Co List Office MLS: V005314
Construction Materials: Frame Wood, Concrete (Exterior), Stucco, Wood Siding
Country: CA
Covered Spaces: 4
Expiration Date: 2025-07-31
Feed Types: IDX, VOW
Fencing: Fenced
Foundation Details: Concrete Perimeter
Frontage Length: 66.21
Heating: Baseboard, Hot Water
Heating Yn: true
Idx Participation Yn: true
Internet Address Display Yn: true
Internet Entire Listing Display Yn: true
Latitude: 49.223118
Levels: Two
List Agent Key: 7c3fd1621fa750ffd677d4fec250da24
List Agent Key Numeric: 46888
List Agent MLS: V73560
List Aor: Greater Vancouver
List Office Key: a7beb57c6ee314dce0d23729f00fc5c8
List Office Key Numeric: 4352
List Office MLS: V005314
List Price: 2890000
Listing Contract Date: 2025-03-27
Listing: R2983038
Listing Key: b8a714f16b7a4ea8238100765fb2fde1
Listing Key Numeric: 263004665
Living Area: 5371
Longitude: -122.940248
Lot Size Acres: 0.19
Lot Size Area: 8292
Lot Size Dimensions: 66.21 x 127
Lot Size Square Feet: 8292
Lot Size Units: Square Feet
Main Level Bathrooms: 3
MLS Area Major: Burnaby East
MLS Area Minor: Edmonds BE
MLS Status: Active
Modification Timestamp: 2025-03-30T06:14:40.800Z
Number Of Units Total: 6
Open Parking Yn: true
Original Entry Timestamp: 2025-03-28T07:21:18.000Z
Original List Price: 2890000
Originating System Name: GVR – FVREB – CADREB – BCNREB – Resi
Ownership: Freehold NonStrata
Parcel Number: 011409495
Parking Features: Detached, Open, RV Access/Parking, Front Access, Side Access
Parking Total: 8
Patio And Porch Features: Patio, Deck
Photos Change Timestamp: 2025-03-28T07:32:27.648Z
Photos Count: 30
Postal Code: V3N 3J4
Property Condition: Renovation Addition, Renovation Complete
Property Sub Type: Quadruplex
Property Type: Residential Income
Room Bathroom2 Level: Below
Room Bathroom3 Level: Main
Room Bathroom4 Level: Main
Room Bathroom5 Level: Main
Room Bathroom Level: Below
Rooms Total: 25
Security Features: No Fire Sprinkler System, Smoke Detector(s)
Sewer: Public Sewer, Sanitary Sewer
Showing Contact Name: Hetal
Source System Key: 263004665
Standard Status: Active
State Or Province: BC
Status Change Timestamp: 2025-03-28T07:00:00.000Z
Stories: 2
Street Name: Canada
Street Number: 7365
Street Suffix: Way
Structure Type: Multi Family
Tax Annual Amount: 6721.44
Tax Legal Description: LOT 1 EXCEPT: PART ON PLAN LMP22426; DISTRICT LOT 30 GROUP 1NEW WESTMINSTER DISTRICT PLAN 9741
Tax Year: 2024
Unparsed Address: 7365 CANADA WAY, Burnaby BC V3N 3J4
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
View Yn: true
Water Source: Public
Year Built: 1945
Year Built Effective: 2022
Zoning: R1

7365 Canada Way History

Address	MLS®	Changed	List date	Status	List price	Close price	List agent	List office
7365 Canada Way	R2983038	03/29/2025 11:16 PM	03/27/2025	Active	$2,890,000	Login to view	Zeljko Mlinar PREC*	eXp Realty
7365 Canada Way	R2956895	03/19/2025 03:13 PM	01/15/2025	Terminated	$2,998,800	Login to view		Real Broker
7365 Canada Way	R2944335	01/13/2025 12:10 AM	11/12/2024	Expired	$3,368,800	Login to view		Real Broker
7365 Canada Way	R2931582	11/08/2024 03:07 PM	10/01/2024	Terminated	$3,498,800	Login to view		Real Broker
7365 Canada Way	R2916709	10/01/2024 02:20 PM	08/19/2024	Terminated	$3,850,000	Login to view		Real Broker