Restaurants for Sale — Burnaby, BC
$438,000
5507 KINGSWAY, Burnaby, BC V5H2G3
Property details
Structured details
- Zoning
- BUSINESS AND ASSETS
Listing Information
- MLS®
- C8079590
- Listed
- June 13, 2026
- Time on market
- 94 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Prime Kingsway restaurant opportunity located just 1.3 km from Metrotown. This approximately 2,624 sq. ft. space features a 16-table vent hood system and a 14-ft commercial kitchen hood, making it ideal for Korean BBQ, Japanese BBQ, Hot Pot, or other specialty dining concepts. Enjoy excellent visibility with wide frontage exposure on Kingsway and a patio facing the street. Ample customer parking is available with both underground and surface parking options. New lease in place with a 5-year term plus a 5-year renewal option. Located in a high-traffic area surrounded by strong residential and commercial density. Showings by appointment only; please do not disturb staff. (id:63159)
Financing calculator
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Financing details
- Monthly debt service
- $4,251
- Cash required at close
- $112,600
- DSCR
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- Cash-on-cash return (yr 1)
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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+)
- Liuyishou Hotpot · 5507 Kingsway7m
- Pho Super Bowl · 5505 Kingsway21m
- Xingyu Hunan Cuisine · 5595 Kingsway55m
- GAON Korean Cuisine · 5599 Kingsway79m
- White Spot · 5550 Kingsway85m
Cafes (5+)
- Sugar Lab · 5376 Grimmer Street174m
- Sweethoney Dessert · 5358 Grimmer Street220m
- Duoduo Fruit Shop · 5318 Grimmer Street232m
- BenGong's Tea · 5308 Grimmer Street239m
- Teapressu · 5242 Kingsway340m
Grocery (4)
- Ribbon · 5593 Kingsway64m
- Hannam Supermarket · 5609 Imperial Street166m
- Wholesale Club · 5335 Kingsway301m
- Boemma Euro Foods & Deli · 5172 Kingsway416m
Parks (3)
- BC Parkway520m
- Lobley Park637m
- Kisbey Park711m
Gyms (2)
- Playground33m
- Fitness World · 5500 Kingsway114m
Pharmacies (2)
- Imperial Remedy's Rx Pharmacy · 5262 Imperial Street372m
- London Drugs · 4970 Kingsway742m
Banks & ATMs (3)
- Vancity · 5064 Kingsway590m
- RBC687m
- TD · 4994 Kingsway708m
Healthcare (5+)
- The Allergy Office · 4980 Kingsway765m
- Burnaby Hearing Centre · 4980 Kingsway770m
- BoydVision · 4980 Kingsway771m
- BC Cancer Breast Screening · 4980 Kingsway776m
- Brooke Radiology · 4980 Kingsway777m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Westbound Kingsway @ Macpherson Ave | 30m | |
| Eastbound Kingsway @ Grimmer St | 40m | |
| Westbound Kingsway @ Denbigh Ave | 141m | |
| Eastbound Kingsway @ Imperial St | 269m | |
| Westbound Kingsway @ Imperial St | 308m | |
| Eastbound Kingsway @ Royal Oak Ave | 365m |
Nearby restaurants for sale
Business0.3km away
0.9km away
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $438,000.
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.