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435 5th Avenue
Burns Lake - Town Burns Lake V0J 1E0

$1,500,000
Land Commercial, Multi-Family Commercial

View of front of house with a balcony and a front yard
Photo 1: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 2: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 3: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 4: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 5: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 6: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 7: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 8: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 9: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 10: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Photo 11: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8072085
Build. Type:
See Remarks
Fantastic multi family property on 1.39 acre lot. The need for rental units in Burns Lake is on the rise, and this is your chance to jump in! 1 building built in 2024 has 4 x 2bdrm / 2 full baths, 1 older building with some recent renos with 4 X 2 bdrm/ 1 bath. Each unit has separate laundry. Fully tenanted with 1 year renewable leases and great tenants. Rents currently totalling $11,000 mth / $132k yr, plus tenants pay utilities. The lot has been cleared and ready for more development. As per Seller, town planners have given the OK for 32 units on the lot, with great potential for 20 (Buyer to verify). Check out the pavers in the parking lot! The potential is huge!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Commercial Type:
Multi Family
Building Type:
See Remarks
# of Apartments:
8
# of 2 Bedroom Apartments:
8
Living Area:
8,090 sq. ft.
Lot Area:
1.39 acre(s)
Zoning:
R6
Road Surface:
Paved
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Phone Connected
Sewer:
Public Sewer
Parcel Number:
004594690
Taxes:
$2,022.63 / 2025
No
Water Supply:
Public
Water Rights:
No
Gross Income:
11000.0
Original Price:
$1,500,000
  • Photo 1: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of front of house with a balcony and a front yard
  • Photo 2: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of home's exterior with a lawn
  • Photo 3: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of front of home
  • Photo 4: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    Back of property featuring a balcony and a lawn
  • Photo 5: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    Back of property with a lawn
  • Photo 6: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of side of home
  • Photo 7: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of front of property with a shingled roof
  • Photo 8: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of front of property
  • Photo 9: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of decorative road
  • Photo 10: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of yard featuring a storage shed
  • Photo 11: 435 5th Avenue in Burns Lake: Burns Lake - Town Land Commercial for sale : MLS®# C8072085
    View of home's exterior featuring a lawn
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Listed by Royal LePage Aspire Realty
Data was last updated September 13, 2025 at 01:40 AM (UTC)
ROD WALKER
Jen Higham
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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