Sperling 5 — A rare opportunity to own a high performing multifamily asset in N Burnaby. Why you’ll want to invest here: 1. Income generating 5 suite property with 2025 NOI of $118k and clear upside through rent optimization, plus external storage lockers for added revenue. 2. Significant capital improvements, reducing near-term costs and improving long-term stability. 3. 9 bedrooms and 6 bathrooms on a 9,040 sqft lot with strong rental appeal across multiple tenant profiles, plus 5 parking stalls with lane access. 4. Prime N Burnaby location near transit, schools, shopping, parks, tennis, pickleball, and golf. 5. Future development potential adds long-term upside. Don’t miss this turnkey asset in N Burnaby, featuring strong income, significant upgrades, and long-term growth potential.
Address
1570 Sperling Avenue
List Price
$2,995,000
Property Type
Residential Income
Type of Dwelling
Duplex
Structure Type
Multi Family
Transaction Type
Sale
Area
Burnaby North
Sub-Area
Sperling-Duthie
Bedrooms
9
Bathrooms
6
Floor Area
4,347 Sq. Ft.
Main Floor Area
2214
Lot Size
9040 Sq. Ft.
Lot Size Dimensions
72.02 x 125.69
Lot Size (Acres)
0.21 Ac.
Lot Features
Central Location, Near Golf Course, Lane Access, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
4347
Frontage Length
72.02
Year Built
1966
MLS® Number
R3116592
Listing Brokerage
Rennie & Associates Realty Ltd.
Basement Area
None
Postal Code
V5B 4J9
Zoning
R1
Ownership
Freehold NonStrata
Parking
Carport Multiple, Rear Access
Parking Places (Total)
5
Tax Amount
$7,902.83
Tax Year
2025
Site Influences
Central Location, Lane Access, Near Golf Course, Private Yard, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Private Yard
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard, Electric, Forced Air
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Carport
Yes
Levels
Two
Number Of Floors In Property
2
Security Features
No Fire Sprinkler System, Smoke Detector(s)
Subdivision Name
Sperling 5
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