MLS® C8078536

Child Care Businesses for Sale — Burnaby, BC

$4,200,000

8691 ARMSTRONG AVENUE, Burnaby, BC V3N2H4

71
Walk Score
39
Transit
57
Bike
Walk Score® by Redfin
Institutional
Type
3,687 square feet
Floor area
71
Walk Score
39
Transit
57
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
C1

Listing Information

MLS®
C8078536
Listed
May 6, 2026
Time on market
131 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Fresh off a top-to-bottom renovation. Set on a 7,019 sq ft corner lot, the upper level boasts a 3-bed/3-bath residence plus a separate 1-bed/1-bath suite'perfect for living, renting, or multigenerational use. The ground-floor retail space is a newly built daycare center. Group Child Care (24 children) permitted and ideally situated directly across from the school. C-1 zoning gives you instant versatility: convert to a café, salon, or office'or, with permits, expand the daycare to the second floor for even greater capacity. An on-site playground is already in place, so both indoor and outdoor areas are fully ready. For investors and aspiring daycare owners, this is a rare chance to start earning income from day one. Never approach STAFF directly (Always confidential). Showing by appointments only. (id:63159)

Financing calculator

Estimate your monthly payment on the $4,200,000 asking price.

Financing details
Monthly debt service
$40,766
Cash required at close
$865,000
DSCR
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

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 (2)

  • Nam Vegan Express · 8681 East Tenth Avenue314m
  • Sushi Box · 8671 Tenth Avenue329m

Cafes (1)

  • Season's Apple Café · 8699 Tenth Avenue327m

Parks (5+)

  • Cariboo Hill School Park268m
  • Cariboo Park449m
  • Victory Heights Park451m
  • Wesburnco Sports Courts453m
  • Cumberland Park569m

Pharmacies (1)

  • Pharmasave · 8697 East Tenth Avenue298m

Banks & ATMs (1)

  • Scotiabank · 8691 Tenth Avenue291m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Westbound Armstrong Ave @ Langley St74m
Eastbound Armstrong Ave @ Langley St144m
Eastbound Armstrong Ave @ Coquitlam St217m
Westbound Armstrong Ave @ Coquitlam St293m
Westbound Armstrong Ave @ Cariboo Rd424m
Northbound Cariboo Rd @ Armstrong Ave489m

Frequently asked questions

What is the asking price for this child care businesse?

The asking price is $4,200,000.

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.