Development Site 7471 & 7481 Edmonds St 2 Retail Properties in Burnaby, BC

his offering presents an opportunity to acquire two adjoining commercial sites on Edmonds Street in Burnaby, BC, totaling approximately 14,904 square feet. Each lot may be purchased separately, providing flexibility for owner-occupiers or investors seeking holding income with future redevelopment potential. The properties are strategically located between Kingsway and Canada Way, within the Edmonds Town Centre area, a vibrant and transit-oriented neighborhood anchored by the Expo Line’s Edmonds SkyTrain Station.
The site benefits from a draft area plan allowing for a maximum floor space ratio (FSR) of 3.0, supporting a potential gross buildable area of up to 44,712 square feet. Proposed rezoning under the Edmonds Town Centre Community Plan envisions a 6- to 8-storey mixed-use development, making this an attractive assembly or redevelopment play. Current improvements include two freestanding buildings totaling 3,730 square feet, with one property vacant and the other leased to local businesses, providing interim income.
This location offers excellent connectivity to major arterial routes, public transit, and community amenities such as Highgate Village Shopping Centre, Edmonds Community Centre, and Edmonds Park. With strong surrounding residential density and ongoing urban growth, this property represents a rare opportunity to secure a future development site in one of Burnaby’s most dynamic neighborhoods.