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Lougheed Village
9500 Erickson Drive
Burnaby

4-Tower Rental Complex

528 Rental Units plus 21 Commercial

$100,000,000

Lougheed Village is a unique Greater Vancouver property. Built in 1973, the mixed-use development offers two 24-storey and two 8-storey residential buildings, a two-storey retail village, and a multilevel parkade. Providing a home to 528 tenants, it's at the heart of a thriving community in northeast Burnaby.

Pictures Neighbourhood Street View

THUMBNAILS

Location Feature Brochure FINANCIAL SUMMARY

The subject is located in northeast Burnaby within the Lougheed Town Centre area. Specifically, the property is situated between Cameron Street and the Lougheed Highway, west of the Lougheed Town Centre, and between Erickson Drive and Bell Avenue. The opening of the Millennium SkyTrain line delivered on its promise to revitalize the area. Local schools, community centres, golf courses, and the Lougheed Town Centre are bustling with energy. Residents now enjoy excellent proximity to the Lake City Business Park and SFU, as well as a quick and convenient commute to Vancouver.

For a detailed information package, please click here.

Financing

Clear title.

Taxes 2011

$360,477.11

Income and Expenses

Gross Income

$7,400,000

David Goodman
david@goodmanreport.com
604 714 4778

Mark Goodman
mark@goodmanreport.com
604 714 4790

HQ Commercial
320-1385 West 8th Ave. Vancouver, BC V6H 3V9
Fax: 604 608 9455
www.goodmanreport.com

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.