Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Retail · Burnaby

8691 Armstrong Avenue

Burnaby, BC V3N2H4

$4,200,000

153 days on market

Bedrooms
0
Bathrooms
0
Floor area
3,897 sq ft
Type
Retail
Year built
1976
Taxes
$14,702.55 (2025)
MLS®
C8078537

About this home

Fresh off a top-to-bottom renovation. Set on a 7,019 sq ft corner lot, the upper level boasts a 3-bed/3-bath residence plus a separate 1-bed/1-bath suite'perfect for living, renting, or multigenerational use. The ground-floor retail space is a newly built daycare center. Group Child Care (24 children) permitted and ideally situated directly across from the school. C-1 zoning gives you instant versatility: convert to a café, salon, or office'or, with permits, expand the daycare to the second floor for even greater capacity. An on-site playground is already in place, so both indoor and outdoor areas are fully ready. For investors and aspiring daycare owners, this is a rare chance to start earning income from day one. Never approach STAFF directly (Always confidential). Showing by appointments only.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$18,597
Strata fee$0
Property taxannual ÷ 12$1,225
Est. monthly total$19,822
Down payment + BC property transfer taxbefore any first-time buyer exemption$968,000

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Listing courtesy of Sutton Group-West Coast Realty. View on REALTOR.ca

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