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5502 Lougheed Highway
Brentwood Park Burnaby V5B 2Z8

$108,000,000
Land Commercial

Aerial overview of property's location with property parcel outlined and a mountainous background
Photo 1: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
Photo 2: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
Photo 3: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
Photo 4: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
Photo 5: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
Photo 6: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8074132
HIGH-RISE DEVELOPMENT OPPORTUNITY – 3rd Reading Approved - A premier 4.29-acre, transit-oriented high-rise development site located immediately beside Holdom Station on the Millennium Line, just one stop from Brentwood Town Centre. This rare offering presents a large-scale, high-density development opportunity in the rapidly evolving and highly desirable Brentwood neighbourhood. The existing project is nearly entitled with 3rd Reading approval in place, significantly reducing development risk and timeline. The current ownership group has completed plans for a three-tower project totaling over 1.3 million sq.ft. of proposed gross floor area. Drawings and reports upon request to qualified buyers, please contact listing agents for further information.
Sale Type:
Asset or Share
Lease Term:
12 Months
Sublease:
Yes
Ownership:
Freehold
Property Type:
Land Commercial
Name of Complex/Subdivision:
Revs Burnaby Bowling Centre
Year built:
1962 (Age: 63)
Living Area:
1.48 acre(s)
Subject Property Depth:
492'
Subject Property Width:
379'
Contiguous Spc:
1.48 acre(s)
Lot Area:
4.29 acre(s)
Acres Freehold:
4.29 acre(s)
Zoning:
Potential to Redevelop:
NCP: Brentwood Town Centre: High Density Multiple Family Res, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected
Sewer:
Public Sewer
Env Assmt Comment:
Phase 1 and 2 completed by PGL
Parcel Number:
002789906
Taxes:
$846,159.91 / 2025
No
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
NCP: Brentwood Town Centre: High Density Multiple Family Res, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
    Aerial overview of property's location with property parcel outlined and a mountainous background
  • Photo 2: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
    Aerial view of property's location featuring property boundaries highlighted
  • Photo 3: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
    Bird's eye view
  • Photo 4: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
    Detailed view
  • Photo 5: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
    Property at night with a water view
  • Photo 6: 5502 Lougheed Highway in Burnaby: Brentwood Park Land Commercial for sale in "Revs Burnaby Bowling Centre" (Burnaby North)  : MLS®# C8074132
    View of apartment building / complex
Listed by Oakwyn Realty Ltd. and Sutton Group-West Coast Realty
Data was last updated November 27, 2025 at 02:40 PM (UTC)
CATHY LIU
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