MLS® C8081323

Restaurants for Sale — Burnaby, BC

$529,000

9928 LOUGHEED HIGHWAY, Burnaby, BC V3N4P4

86
Walk Score
88
Transit
71
Bike
Walk Score® by Redfin
RestaurantsFor Sale
Restaurant
Type
2,187 square feet
Floor area
86
Walk Score
88
Transit
71
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
CS-1

From the listing remarks

Seats
70 seats
Rent (stated)
$10,000/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®
C8081323
Listed
August 18, 2026
Time on market
27 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Full kitchen restaurant, liquor license with 70 seats. Prime high traffic location on the corner of Lougheed Hwy and North Road. Competitive low rent of $10,000/month incl. GST. (2,187 sf) + #9927 + #9928. Do not directly approach the owner or staff! (id:63159)

Financing calculator

Estimate your monthly payment on the $529,000 asking price.

Financing details
Monthly debt service
$5,135
Cash required at close
$130,800
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+)

  • Gobong Korean Hotpot24m
  • North Road Sushi & Kitchen · 9928 Lougheed Highway30m
  • Yan's Garden · 9938 Lougheed Highway35m
  • Ajuker Fried Chicken · 4327 North Road73m
  • Hongdae Korean Restaurant · 403 North Road97m

Cafes (5+)

  • Passion8 Dessert Cafe · 403 North Road98m
  • Juillet Cafe · 4341 North Road120m
  • Sushi Plate195m
  • Yi Fang Tea256m
  • Sharetea · 435Q North Road259m

Grocery (4)

  • Hannam Supermarket213m
  • H Mart · 329 North Road325m
  • PriceSmart Foods · 9899 Austin Road380m
  • Save-On-Foods · 3433 North Road745m

Shopping (5+)

  • Korea Town Center · 4501 North Road230m
  • Unnamed · 9855 Austin Avenue605m
  • The City of Lougheed · 9855 Austin Road607m
  • Walmart · 9855 Austin Avenue687m
  • Northgate Village745m

Parks (4)

  • Keswick Park520m
  • Brookmere Park · 565 Austin Avenue603m
  • Discovery Place Park619m
  • Guilby Park · 345 Guilby Street736m

Gyms (4)

  • Oxygen Yoga & Fitness377m
  • Fitness World612m
  • Fitness World637m
  • GoodLife Fitness · 3433 North Road758m

Pharmacies (3)

  • Hanin Pharmacy348m
  • London Drugs · 9855 Austin Avenue669m
  • Shoppers Drug Mart771m

Banks & ATMs (5+)

  • Sharons Credit Union116m
  • Coast Capital Savings · 3977 North Road255m
  • Korea Exchange Bank of Canada257m
  • TD · 329 North Road271m
  • Scotiabank · 465 North Road310m

Healthcare (4)

  • Evergreen Health Clinic · Lougheed Highway42m
  • Hanbit Oriental Medicine Clinic257m
  • LifeLabs · 435 North Road275m
  • Highroads Medical Clinic · 9855 Austin Road668m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Northbound North Rd @ Lougheed Hwy88m
Eastbound Lougheed Hwy @ North Rd153m
Lougheed Station @ Bay 6186m
Lougheed Station @ Bay 4191m
Southbound North Rd @ Rochester St196m
Lougheed Station @ Bay 7205m

Frequently asked questions

What is the asking price for this restaurant?

The asking price is $529,000.

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.