Retail for Sale — Burnaby, BC
$1,160,000
2221 4500 KINGSWAY, Burnaby, BC V5H2A9
Property details
Structured details
- Zoning
- CD
- Annual property tax
- $11,091.48 (2024)
- Strata/association fee
- $1,480.19/monthly
- Utilities
- Electricity, Telephone
- Lot features
- Freight elevator, Passenger elevator
Listing Information
- MLS®
- C8080009
- Listed
- June 29, 2026
- Time on market
- 77 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
RARE larger unit available for sale in the busy Crystal Mall. Strategically located along the high traffic retail strip between the Food Court, the Office Tower, and the Atrium, the subject unit has been home to the highly successful Lin Palace Beauty Spa for 22 years! Includes wide store front, spacious reception area, washroom, plumbing, 3 treatment rooms, and pantry. Available for Owner-operator or investors looking for a decent return. Pls do not disturb staff. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,160,000 asking price.
Financing details
- Monthly debt service
- $11,259
- Cash required at close
- $257,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Burnaby)
- Population
- 249,125(+7% since 2016)
- Population density
- 2,750.6/km²
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 38.2%
- Postsecondary below bachelor's
- 24.6%
- High school diploma
- 25.9%
- No certificate/diploma
- 11.3%
Population aged 15 and over.
Commute
- Car, truck or van
- 71.0%
- Public transit
- 21.5%
- Walked
- 4.7%
- Bicycle
- 0.9%
- Other
- 1.8%
Commute duration
- Under 15 min
- 16.3%
- 15–29 min
- 34.5%
- 30–44 min
- 31.7%
- 45–59 min
- 10.2%
- 60+ min
- 7.3%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Hanju42m
- Marble House Eatery · 4500 Kingsway45m
- Green Bamboo · 4500 Kingsway54m
- Trattoria Italian Kitchen · 4501 Kingsway57m
- Erbil Restaurant · 4500 Kingsway63m
Cafes (5+)
- Chicha San Chen · 4501 Kingsway53m
- Matcha Tea Lab · 4500 Kingsway69m
- Starbucks107m
- Money Tea · 4500 Kingsway124m
- Macu Tea · 4429 Kingsway152m
Grocery (5+)
- Save-On-Foods · 4469 Kingsway115m
- PriceSmart Foods · 4650 Kingsway240m
- Real Canadian Superstore · 4700 Kingsway400m
- Walmart Supercentre · 4545 Central Boulevard673m
- 大統華 T&T Supermarket · 4800 Kingsway675m
Shopping (3)
- Unnamed · 4500 Kingsway116m
- Metropolis at Metrotown · 4700 Kingsway574m
- Muji · 4700 Kingsway705m
Parks (5+)
- Burnaby Civic Square273m
- Old Orchard Park340m
- Unnamed · 5848 Olive Avenue358m
- Kinnee Park514m
- Maywood Park696m
Gyms (5+)
- GoodLife Fitness · 4501 Kingsway55m
- Crystal Point83m
- Lin Spa · 4500 Kingsway111m
- Unnamed164m
- Vivian Beauty Spa · 4500 Kingsway180m
Pharmacies (5+)
- Shoppers Drug Mart · 4429 Kingsway133m
- Crystal Pharmacy · 4500 Kingsway169m
- Metrocare Pharmacy · 4649 Kingsway318m
- Rexall · 6200 McKay Avenue345m
- The Medicine Shoppe · 4277 Kingsway434m
Banks & ATMs (5+)
- Unnamed62m
- CTBC Bank · 4501 Kingsway90m
- RBC · 4370 Kingsway158m
- BMO · 6023 Silver Drive221m
- TD · 4630 Kingsway266m
Healthcare (5+)
- Metrotown Urgent and Primary Care Centre · 4555 Kingsway147m
- Tao's Wellness Clinic · 4500 Kingsway160m
- Old Orchard · 4429 Kingsway163m
- Station Square Medical Clinic · 6200 McKay Avenue330m
- Passport Health Burnaby Travel Clinic · 6125 Sussex Avenue425m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Westbound Kingsway @ Willingdon Ave | 73m | |
| Southbound Willingdon Ave @ Kemp St | 94m | |
| Northbound Willingdon Ave @ Kingsborough St | 146m | |
| Southbound McKay Ave @ Kingsway | 153m | |
| Eastbound Kingsway @ McKay Ave | 209m | |
| Northbound McKay Ave @ Kingsborough St | 219m |
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All in Burnaby →Frequently asked questions
What is the asking price for this business?
The asking price is $1,160,000.
Where is this business located?
This listing is located in Burnaby, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.