5050 HASTINGS STREET

5050 HASTINGS STREET · Burnaby, Capitol Hill · Retail · $3,850,000 · MLS C8076622

Burnaby, British Columbia · Neighbourhood: Capitol Hill
C$3,850,000
For sale
5050 HASTINGS STREET

5050 HASTINGS STREET is located in Burnaby (Capitol Hill). Property snapshot: Retail, listed at $3,850,000, MLS C8076622. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 118. Catchment schools include Capitol Hill Elementa

List Price: $3,850,000
MLS: C8076622
Interior Size: 6,000 sqft
Days on Site: 118
Catchment Schools: Catchment schools include Capitol Hill Elementary, Burnaby North Secondary
Price History: Latest recorded list price 3850000.00

Local Decision Guide

How should buyers evaluate 5050 HASTINGS STREET?

Start by reading this listing in its Burnaby Capitol Hill context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Burnaby listings should also be screened against SSMUH and provincial small-scale multi-unit housing rules. R1, R4 and R5 zoning may affect multiplex analysis, but they are not automatic buildability guarantees; lot dimensions, area, servicing, trees, parking, permits and current city interpretation still matter.

Burnaby SSMUH / R1 / R4 / R5 quick checklist
  • Confirm the zoning label: R1, R4, R5 or another district.
  • Check lot size, frontage, lane/driveway access, trees, parking and servicing.
  • Read SSMUH, provincial rules and Burnaby's current permit interpretation together.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5050 HASTINGS STREET?

This page shows a list price of $3,850,000 with MLS C8076622.

What type of home is this Burnaby, Capitol Hill listing?

The page shows Retail at 5050 HASTINGS STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 118 days on market/site. Latest recorded list price 3850000.00.

Which catchment schools are associated with 5050 HASTINGS STREET?

Catchment schools include Capitol Hill Elementary, Burnaby North Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Burnaby listings be screened for SSMUH, R1, R4 and R5 risk?

Burnaby listings should be checked against SSMUH, provincial small-scale multi-unit housing policy, R1/R4/R5 zoning, lot size, frontage, servicing, trees, parking and permits. R1/R4/R5 are due-diligence signals, not automatic buildability.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Looking for a church or daycare property in a convenient and desirable location? 5050 Hastings is a 2-storey church on a 12,100 SF P-1 zoned lot in the sought after Hastings Heights area of Burnaby. 12 surface parking stalls. Offering vacant possession to use the building immediately. Variety of options to utilize the existing approx. 6,000 SF building including expansion, renovation or redevelopment. OCP allows 6-storey mixed use development. The property is a 5 minute drive from Highway 1 allowing convenient access across Metro Vancouver. These ones don't come along often! (id:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms
1958
Year Built
68 years
Age
118
Days on Site
6,000 sqft
Interior Size
C$642
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29415683 (C8076622)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$3,850,000

Days on Site: 118 days

Added to BurnabyHouse: 2026-03-18

Updated on: 2026-03-18 10:08 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Capitol Hill Elementary ELEMENTARY
Public · School District 41
350S Holdom Ave, Burnaby, BC
Straight-line distance about 689.5 m
Burnaby North Secondary SECONDARY
Public · School District 41
751 Hammarskjold Dr, Burnaby, BC
Straight-line distance about 1.2 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
No Frills
About 387 m away
4762 Hastings Street, Burnaby
Burnaby Heights Persian Market and Halal Meats
About 1 km away
281 Willingdon Avenue
Shopping Centres
Brentwood Town Centre
About 1.5 km away
The Amazing Brentwood Shopping Centre
About 1.5 km away
4567 Lougheed Highway, Burnaby
Parks / Green Space
Dynes Park
About 425.8 m away
Beecher Park
About 654.3 m away
Burnaby

Price History

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Last Updated: Thu, 05 Mar 2026 03:01:10 PM PST

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Listing Office: Colliers

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