211/212 2999 UNDERHILL AVENUE

Burnaby, British Columbia · Neighbourhood: Lake City Industrial Site
C$23/Y

Local Decision Guide

How should buyers evaluate 211/212 2999 UNDERHILL AVENUE?

Start by reading this listing in its Burnaby Lake City Industrial Site 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.

For rent
211/212 2999 UNDERHILL AVENUE

Remarks

Primely located in North Burnaby between the Lake City Way and Production Way Skytrain Stations, Lake City Junction is an architecturally designed Office/Warehouse complex that offers the utmost in convenience and access for your employees and is perfectly situated for the movement of your company's goods & services to all points of the Lower Mainland via the Trans-Canada Highway and Lougheed Highway. This first class office/warehouse features 21' clear ceiling heights, two 12' x 14' grade level loading doors, fully sprinklered to a NFPA 13 rating, has 70 amp/600 volt electrical feed complete with a 45K VA 120/208 volt transformer and panel, T5 high output fluorescent lighting, two (2) skylight and two (2) handicap accessible washrooms. 10 parking stalls included free of charge. Please call or email listing agents for further information. (id:56153)

Property Details

Industrial
Building Type
-
Bedrooms
-
Bathrooms
2011
Year Built
15 years
Age
2
Days on Site

Transaction: For lease

Status: active

Listing ID: 29848948 (C8079298)

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$23/Y

Days on Site: 2 days

Added to BurnabyHouse: 2026-06-03

Updated on: 2026-06-03 02:02 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

Forest Grove Elementary ELEMENTARY
Public · School District 41
8525 Forest Grove Dr, Burnaby, BC
Straight-line distance about 1 km
Burnaby Mountain Secondary SECONDARY
Public · School District 41
8800 Eastlake Dr, Burnaby, BC
Straight-line distance about 1.3 km
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
Sungiven Foods
About 1.8 km away
I. Mart
About 2.3 km away
9616 Cameron Street
Shopping Centres
Cariboo Business Park
About 1.3 km away
6741 Cariboo Road
Discovery Place
About 2.1 km away
Parks / Green Space
Meadowood Park
About 625.7 m away
"Teribithia"
About 805.6 m away
Rapid Transit Stations
LAKE CITY WAY STATION
About 886.3 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 4, 2026
B.C. Jobs Minister Says New Canada U.S. Mexico Trade Deal Is Unlikely
B.C. Jobs Minister Says New Canada U.S. Mexico Trade Deal Is Unlikely
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 3, 2026
B.C. Court Ruling on Foreign Worker Job Promises Raises Housing Stability Questions
B.C. Court Ruling on Foreign Worker Job Promises Raises Housing Stability Questions
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 3, 2026
New Zealand House Prices Stall as Buyers Stay Cautious
New Zealand House Prices Stall as Buyers Stay Cautious
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 4, 2026
Treasury Yields Rise After Jobs Gauge Keeps Rate-Hike Expectations Alive
Treasury Yields Rise After Jobs Gauge Keeps Rate-Hike Expectations Alive
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 3, 2026
Condo Weakness Weighs on Metro Vancouver May Home Sales
Condo Weakness Weighs on Metro Vancouver May Home Sales
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 3, 2026
Ottawa to extend steel tariff quotas, remission program for 1 year
Ottawa to extend steel tariff quotas, remission program for 1 year
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 3, 2026
BC Extends Northern Mineral Claims Pause to 2027
BC Extends Northern Mineral Claims Pause to 2027
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 3, 2026
Manitoba trade rep says U.S. tariff uncertainty the key challenge for businesses
Manitoba trade rep says U.S. tariff uncertainty the key challenge for businesses
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 3, 2026
'Que-Berta': Alberta, Quebec premiers eye co-operation on economy, autonomy
'Que-Berta': Alberta, Quebec premiers eye co-operation on economy, autonomy
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: Wed, 03 Jun 2026 01:03:43 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: RE/MAX Crest Realty

BurnabyHouse AI Assistant