7212 GILLEY AVENUE

7212 GILLEY AVENUE · Burnaby, Highgate · Industrial · $4,500,000 · MLS C8078198

Burnaby, British Columbia · Neighbourhood: Highgate

C$4,500,000

For sale

7212 GILLEY AVENUE is located in Burnaby (Highgate). Property snapshot: Industrial, listed at $4,500,000, MLS C8078198. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 53. Catchment schools include Windsor Elementary, Byrn

List Price: $4,500,000

MLS: C8078198

Interior Size: 3,458 sqft

Days on Site: 53

Catchment Schools: Catchment schools include Windsor Elementary, Byrne Creek Community Secondary

Price History: Latest recorded list price 4500000.00

Local Decision Guide

How should buyers evaluate 7212 GILLEY AVENUE?

Start by reading this listing in its Burnaby Highgate 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 7212 GILLEY AVENUE?

This page shows a list price of $4,500,000 with MLS C8078198.

What type of home is this Burnaby, Highgate listing?

The page shows Industrial at 7212 GILLEY AVENUE. 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 53 days on market/site. Latest recorded list price 4500000.00.

Which catchment schools are associated with 7212 GILLEY AVENUE?

Catchment schools include Windsor Elementary, Byrne Creek Community 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.

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Remarks

Rare opportunity to acquire both a successful auto repair business and freestanding commercial property at 7212 Gilley Avenue near Kingsway in Burnaby. Family-owned and operated since 2014, this well-maintained property sits on a high-exposure 7,442 SF corner lot with excellent access to major routes, transit, and nearby amenities. The turnkey offering includes land and business with a loyal, established customer base, plus a spacious 3-bedroom upper suite for owner occupancy or additional rental income. M4 zoning allows for a wide range of permitted uses, including childcare facilities, animal daycare/training, and film, television, theatre, and production-related uses. Ideal for owner-operators or investors seeking a stable, income-generating asset with future upside. (id:56153)