Retail for Sale — Burnaby, BC
$3,550,000
5050 HASTINGS STREET, Burnaby, BC V5B1P6
Property details
Structured details
- Annual property tax
- $739 (2025)
- Lot dimensions
- 12066
- Utilities
- Water, Sewer, Electricity, Cable, Telephone
- Sewer
- Storm sewer
- Lot features
- Lane
- Fencing
- Fenced yard
Listing Information
- MLS®
- C8076622
- Listed
- March 2, 2026
- Time on market
- 196 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Looking for a church or daycare property in a convenient and desirable location? 5050 Hastings is a 2-storey church on a 12,100 SF P-1 zoned lot in the sought after Hastings Heights area of Burnaby. 12 surface parking stalls. Offering vacant possession to use the building immediately. Variety of options to utilize the existing approx. 6,000 SF building including expansion, renovation or redevelopment. OCP allows 6-storey mixed use development. The property is a 5 minute drive from Highway 1 allowing convenient access across Metro Vancouver. These ones don't come along often! (id:63159)
Financing calculator
Estimate your monthly payment on the $3,550,000 asking price.
Financing details
- Monthly debt service
- $34,457
- Cash required at close
- $735,000
- 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+)
- Sushi Bar Kilala · 4749 Hastings Street358m
- Song Huong · 4660 Hastings Street535m
- Socrates in the Heights · 4651 Hastings Street551m
- X-Site Grill & Bistro · 4625 Hastings Street610m
- Suren · 4624 Hastings Street615m
Cafes (5+)
- Vegas Donuts · 4775 Hastings Street321m
- Chez Christophe · 4717 Hastings Street427m
- Kory's Coffee · 5608 Hastings Street659m
- Chatime · 4569 Hastings Street721m
- Gabi & Jules Homemade Pies · 4568 Hastings Street737m
Grocery (1)
- No Frills · 4762 Hastings Street337m
Parks (3)
- Dynes Park506m
- Beecher Park674m
- Capitol Hill Reservoir Park · 229 North Hythe Avenue741m
Gyms (5+)
- The Next Step Training Centre · 4680 Hastings Street503m
- Beyond boxing · 5552 Ellesmere Avenue618m
- Capitol Hill Athletics · 5605 Hastings Street658m
- Advantage fitness · 5680 Hastings Street701m
- Orangetheory Fitness · 4588 Hastings Street712m
Pharmacies (1)
- Capitol Hill Pharmacy · 4656 Hastings Street550m
Banks & ATMs (2)
- BMO · 4734 Hastings Street398m
- Community Savings · 4590 Hastings Street704m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Westbound Hastings St @ Hythe Ave | 23m | |
| Eastbound Hastings St @ Hythe Ave | 90m | |
| Westbound Hastings St @ Springer Ave | 197m | |
| Eastbound Hastings St @ Springer Ave | 270m | |
| Northbound Gamma Ave @ Albert St | 351m | |
| Westbound Empire Dr @ Hythe Ave | 357m |
Other commercial property types for sale in Burnaby
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All in Burnaby →Frequently asked questions
What is the asking price for this business?
The asking price is $3,550,000.
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 14, 2026.