MLS® C8081216

Cafes for Sale — Burnaby, BC

$199,000

5242 KINGSWAY, Burnaby, BC V5H2E9

94
Walk Score
82
Transit
76
Bike
Walk Score® by Redfin
Food Services and Beverage
Type
1,550 square feet
Floor area
94
Walk Score
82
Transit
76
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
COMMERCIAL

From the listing remarks

Rent (stated)
$5,200/mo

Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.

Listing Information

MLS®
C8081216
Listed
August 13, 2026
Time on market
32 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Excellent opportunity to acquire a well-established Coffee shop, fresh-made ice cream, bubble tea, and beverage cafe in a prime Burnaby location. Centrally situated on the busy Kingsway corridor near Royal Oak, with strong visibility and steady traffic. Known for its handcrafted ice cream, premium bubble tea, and specialty beverages, the business offers a welcoming and cozy atmosphere with excellent potential for growth. The 1,550 Sf spacious layout provides ample opportunity to expand seating, enhance the interior concept, or introduce additional menu offerings to further increase revenue. Attractive lease rate of only $5,200 per month, including property taxes and additional rent. Secure lease in place until May 31, 2030. Please contact the Listing Agent for additional information and to arrange a private viewing. (id:63159)

Financing calculator

Estimate your monthly payment on the $199,000 asking price.

Financing details
Monthly debt service
$1,932
Cash required at close
$64,800
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

English38.9%
Mandarin12.8%
Yue (Cantonese)11.4%
Korean3.1%
Tagalog (Pilipino, Filipino)2.8%
Spanish2.2%
Punjabi (Panjabi)2%
Iranian Persian1.5%
Italian1.4%
Vietnamese1.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • MeetRice Noodles · 5226 Kingsway11m
  • Boiling Point · 5276 Kingsway16m
  • Maruhachi Ramen · 5278 Kingsway23m
  • Indian Wok · 5122 Kingsway30m
  • Kamamarui Ramen & Sushi · 6514 Royal Oak Avenue54m

Cafes (5+)

  • Teapressu · 5242 Kingsway6m
  • Chatime · 5216 Kingsway22m
  • Café 106 · 6588 Royal Oak Avenue109m
  • SunTea · 5172 Kingsway114m
  • 1003 Brunch & Dessert · 6540 Burlington Avenue146m

Grocery (4)

  • Boemma Euro Foods & Deli · 5172 Kingsway80m
  • Wholesale Club · 5335 Kingsway87m
  • Ribbon · 5593 Kingsway376m
  • Hannam Supermarket · 5609 Imperial Street469m

Shopping (1)

  • Muji · 4700 Kingsway709m

Parks (5+)

  • Lobley Park308m
  • BC Parkway384m
  • Unnamed541m
  • Bonsor Park616m
  • Royal Oakland Park786m

Gyms (2)

  • Fitness World · 5500 Kingsway276m
  • Playground352m

Pharmacies (4)

  • Imperial Remedy's Rx Pharmacy · 5262 Imperial Street317m
  • London Drugs · 4970 Kingsway403m
  • Bonsor Pharmacy & Medical Supplies493m
  • Shoppers Drug Mart · 4827 Kingsway664m

Banks & ATMs (5+)

  • Vancity · 5064 Kingsway251m
  • RBC348m
  • TD · 4994 Kingsway369m
  • Coast Capital Savings · 4820 Kingsway660m
  • Coast Capital Savings672m

Healthcare (5+)

  • The Allergy Office · 4980 Kingsway427m
  • Burnaby Hearing Centre · 4980 Kingsway432m
  • BoydVision · 4980 Kingsway434m
  • BC Cancer Breast Screening · 4980 Kingsway439m
  • Brooke Radiology · 4980 Kingsway440m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Eastbound Kingsway @ Royal Oak Ave26m
Westbound Kingsway @ Royal Oak Ave137m
Westbound Kingsway @ Denbigh Ave198m
Eastbound Kingsway @ Marlborough Ave251m
Eastbound Kingsway @ Grimmer St321m
Westbound Kingsway @ Marlborough Ave335m

Frequently asked questions

What is the asking price for this cafe?

The asking price is $199,000.

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.