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Investment Highlights

  • Approximately an 8-minute walk to 29th Avenue SkyTrain Station, providing excellent rapid transit connectivity across Metro Vancouver
  • Opportunity to expand assembly with adjacent parcels
  • Located within a Transit Oriented Development (TOD) Tier 2 zone, permitting up to 4.0 FAR and building heights of up to 12 storeys
  • Combined 19,492 SF land assembly offering significant redevelopment potential in Vancouver’s Renfrew Heights neighborhood

Executive Summary

An ideal structure for medical, dental, animal hospital, IT/tech, childcare, or educational services, this free-standing mixed-use building offers 5683 square feet of flexible space. The property features a ground floor retail unit and two residential suites above, with the potential to be converted into commercial office or retail space, or utilized in its entirety by an owner-occupier.
Located at 3456 Boundary Road in Burnaby’s Cascade Heights, the building provides a rare opportunity for owner-users or value-add investors. The 1846 square foot ground floor is currently improved with a fully equipped dental practice, while the upper levels include two residential suites: a 1200 square foot, two-bedroom, two-bathroom suite with rooftop patio, and a 1137 square foot, two-bedroom, one-bathroom suite.
The property also includes a 1500 square foot basement with eight-foot ceilings, a mechanical room, in-ground plumbing, and a 400-amp service with three separate meters. This space is well-suited for IT servers, indoor play areas, or animal housing. A rear gated parking lot measuring 1690 square feet, providing a loading zone, five parking stalls, and a covered carport, with additional free street parking along Broadway.
Zoned C-1, the property accommodates a wide range of uses, including retail, medical and professional offices, childcare, education services, and residential rentals. There is also potential for a ground floor lease-back or full vacancy of the premises, providing maximum flexibility for future users.
Strategically located, the building is just one kilometre from the Grandview Commercial Corridor, the Trans-Canada Highway, and Burnaby Hospital, 1.5 kilometres from SkyTrain, and 2 kilometres from BCIT. It is also close to schools, parks, and established residential neighbourhoods, offering excellent access and amenities.
There is also potential for a ground floor lease-back or full vacancy of the premises, providing maximum flexibility for future users.
Dental Practice also For Sale: The current dental practice has 4 ops on the main floor and can be converted to 7 ops with 1500 SF of additional space on the lower floor for lunch room, offices, sanitation and a large laboratory. NDA required for additional information on business assets.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,683 SF
Building Class
B
Year Built
2014
Price
$4,262,372 USD
Price Per SF
$750.02 USD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,894 SF
Building FAR
1.08
Lot Size
0.12 AC
Zoning
C-1 - Zoned C-1 allowing retail, medical, professional offices, residential rentals, childcare and more.
Parking
5 Spaces (0.88 Spaces per 1,000 SF Leased)

Amenities

  • Bio-Tech/ Lab Space
  • Courtyard
  • Security System
  • Skylights
  • Wheelchair Accessible
  • Roof Terrace
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
  • Listing ID: 35796912

  • Date on Market: 5/8/2025

  • Last Updated:

  • Address: 3456 Boundary Rd, Vancouver, BC V5M 4A5

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