5242 KINGSWAY

5242 KINGSWAY · Burnaby, Metrotown · Business · $350,000 · MLS C8079184

Burnaby, British Columbia · Neighbourhood: Metrotown
C$350,000
For sale
5242 KINGSWAY

5242 KINGSWAY is located in Burnaby (Metrotown). Property snapshot: Business, listed at $350,000, MLS C8079184. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 6. Catchment schools include Maywood Community Elementary, Bur

List Price: $350,000
MLS: C8079184
Interior Size: 1,550 sqft
Days on Site: 6
Catchment Schools: Catchment schools include Maywood Community Elementary, Burnaby South Secondary
Price History: Latest recorded list price 350000.00

Local Decision Guide

How should buyers evaluate 5242 KINGSWAY?

Start by reading this listing in its Burnaby Metrotown 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 5242 KINGSWAY?

This page shows a list price of $350,000 with MLS C8079184.

What type of home is this Burnaby, Metrotown listing?

The page shows Business at 5242 KINGSWAY. 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 6 days on market/site. Latest recorded list price 350000.00.

Which catchment schools are associated with 5242 KINGSWAY?

Catchment schools include Maywood Community Elementary, Burnaby South 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

Excellent opportunity to acquire a well-established fresh-made ice cream, bubble tea, and beverage cafe in a prime Burnaby location. Centrally situated on the busy Kingsway corridor near Royal Oak, this charming cafe benefits from strong visibility, steady traffic, and a loyal customer following built over more than 5 successful years in operation. Known for its handcrafted ice cream, premium bubble tea, and specialty beverages, the business offers a welcoming and cozy atmosphere with excellent potential for growth. The 1,550 Sf spacious layout provides ample opportunity to expand seating, enhance the interior concept, or introduce additional menu offerings to further increase revenue. Attractive lease rate of only $5,200 per month, including property taxes and additional rent. Secure lease in place until May 31, 2030. Please contact the Listing Agent for additional information and to arrange a private viewing. (id:56153)

Community

Questions, Answers & Comments

Ask a question, add context, or leave a comment. Public posts appear after review.

No public questions or comments yet. Be the first to ask.

To prevent spam, posts are moderated before publishing.

Property Details

Business
Building Type
-
Bedrooms
-
Bathrooms
1,550 sqft
Interior Size
C$226
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29835552 (C8079184)

Become a VIP member for free. More details will be available.
The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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

Property Summary

Price: C$350,000

Days on Site: 6 days

Added to BurnabyHouse: 2026-06-01

Updated on: 2026-06-01 06:04 PM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

Maywood Community Elementary ELEMENTARY
Public · School District 41
4567 Imperial St, Burnaby, BC
Straight-line distance about 883.2 m
Burnaby South Secondary SECONDARY
Public · School District 41
5455 Rumble St, Burnaby, BC
Straight-line distance about 979.2 m
Nearby Private Schools
Free sign-up unlocks nearby private school details
Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Boemma Euro Foods & Deli
About 77 m away
5172 Kingsway, Burnaby
Wholesale Club
About 97.4 m away
5335 Kingsway
Shopping Centres
Burlington Square
About 117.3 m away
5172 Kingsway, Burnaby
Metropolis at Metrotown
About 838 m away
4700 Kingsway, Burnaby
Parks / Green Space
Lobley Park
About 303.7 m away
BC Parkway
About 370.9 m away
Rapid Transit Stations
ROYAL OAK STATION
About 496.4 m away

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

Newsletter

Enter your email to receive market updates and new listing alerts.

Classic Search

Recent News

Jun 6, 2026
The government programs helping first-time homebuyers in B.C.
The government programs helping first-time homebuyers in B.C.
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 5, 2026
City of North Vancouver Mayor Linda Buchanan running for third term
City of North Vancouver Mayor Linda Buchanan running for third term
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 6, 2026
Game 3 looms large as Hurricanes and Golden Knights trade stunning comebacks
Game 3 looms large as Hurricanes and Golden Knights trade stunning comebacks
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 6, 2026
Opinion: ‘Streamlined’ development rules seem more complex than ever
Opinion: ‘Streamlined’ development rules seem more complex than ever
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 6, 2026
Want to switch jobs but can't let go? You might be a job hugger
Want to switch jobs but can't let go? You might be a job hugger
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 6, 2026
Rising petrol prices drive down profits at the pump: FP Video investigates
Rising petrol prices drive down profits at the pump: FP Video investigates
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 6, 2026
EU Plans Lower Taxes on Clean Energy in Drive to Cut Power Bills
EU Plans Lower Taxes on Clean Energy in Drive to Cut Power Bills
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 6, 2026
Why Oil’s Not at $200 After the Biggest Supply Shock in History
Why Oil’s Not at $200 After the Biggest Supply Shock in History
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 6, 2026
Asia-to-US Container Rates Spike 109% Since Iran War Started
Asia-to-US Container Rates Spike 109% Since Iran War Started
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Mon, 01 Jun 2026 05:03:47 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Heller Murch Realty

BurnabyHouse AI Assistant