4425 & 4459 Canada Way, Burnaby, BC
FOR SALE
Property Overview
- Properties Two (2) high exposure adjacent industrial properties along Canada Way in Central Burnaby
- Total Building Area 16,080 sf
- Total Land Area 1.08 acres (47,250 sf) (225’ W x 210’ D)
- Total Property Taxes (2025) $140,207.12
- Asking Price $13,500,000
Avison Young is offering two (2) freestanding industrial properties on Canada Way in Central Burnaby: 4425 Canada Way (12,000 sf) and 4459 Canada Way (4,080 sf), totaling 16,080 sf. Available individually or together, the properties are zoned M1 with proposed E1 zoning, allowing for expanded industrial and commercial uses.
Both buildings have undergone significant capital improvements, including major upgrades to roofing, HVAC, mechanical components, access doors, and interior finishes, reflecting a well-maintained and high-quality asset with reduced near-term capital requirements. The offering presents a flexible, high-quality opportunity for investors or owner-users in a prime Burnaby location.
Investment Highlights
Two (2) freestanding industrial buildings totaling 16,080 sf on 1.08 acres
High-exposure frontage along Canada Way in Central Burnaby
Multiple points of access and egress along both Canada Way and Norfolk Street
Ability to purchase individually or as a combined offering
M1 zoning with proposed E1 designation allowing expanded commercial uses
Significant recent capital improvements across both buildings
Strong connectivity with direct access to the Trans-Canada Highway and proximity to Brentwood
Flexible occupancy: owner-user opportunity with potential leaseback and near-term lease expiry
Approximately 57 total on-site parking stalls across both properties
Well-maintained assets with upgraded roof, HVAC, mechanical and interior systems
Located directly across from the kʷasʷn Village masterplan redevelopment in an emerging area with strong potential for future higher density uses
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