Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Multi-family · Burnaby

1570 Sperling Avenue

Burnaby, BC V5B4J9

$2,995,000

161 days on market

Bedrooms
0
Bathrooms
0
Floor area
4,347 sq ft
Type
Multi-family
Year built
1966
Taxes
$7,902.83 (2025)
MLS®
C8078284

About this home

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.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$13,261
Strata fee$0
Property taxannual ÷ 12$659
Est. monthly total$13,920
Down payment + BC property transfer taxbefore any first-time buyer exemption$666,850

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Listing courtesy of Rennie & Associates Realty Ltd. View on REALTOR.ca

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