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4716 Hastings St - VALEO
915 - 2,119 SF Condo Units in Burnaby, BC V5C 2K7
Investment Highlights
- Excellent exposure to pedestrian and vehicular traffic along Hastings Street, exceeding 38,700 vehicles per day
- Well located along Burnaby’s key transit corridor with the R5 RapidBus connecting Burnaby’s SFU exchange into the heart of Downtown Vancouver
- 2,000 SF shared rooftop amenity, available to all office tenants
- Valeo sits on the southwest corner of Gamma Avenue and Hastings Street in the Burnaby Heights neighbourhood
- Valeo is a new mixed-use development featuring 62 residential suites of 1, 2, and 3 bedrooms as part of the residential component
- Average household income within a 1km radius of the property is $115,148
Executive Summary
Valeo is a 5-storey mixed-use development, featuring 62 residential units, and approximately 32,386 SF of retail and 25,516 SF of office space. Valeo is strategically positioned to service existing density and additional residential growth within an immense yet highly affluent trade area. The property stands to benefit from its prominent location in Burnaby Heights, with immediate proximity to transit and future density along Hastings Street.
Property Facts
| Unit Size | 915 - 2,119 SF | Building Class | B |
| No. Units | 11 | Floors | 5 |
| Total Building Size | 127,283 SF | Typical Floor Size | 16,000 SF |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Lot Size | 1.22 AC |
| Unit Size | 915 - 2,119 SF |
| No. Units | 11 |
| Total Building Size | 127,283 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 16,000 SF |
| Year Built | 2023 |
| Lot Size | 1.22 AC |
11 Units Available
Unit CRU 1
| Unit Size | 2,114 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail |
| Unit Size | 2,114 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Unit CRU 2
| Unit Size | 1,780 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail |
| Unit Size | 1,780 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Unit CRU 3
| Unit Size | 2,119 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail |
| Unit Size | 2,119 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Unit 201
| Unit Size | 1,029 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 1,029 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 202
| Unit Size | 992 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 992 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 203
| Unit Size | 1,099 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 1,099 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 204
| Unit Size | 1,097 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 1,097 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 205
| Unit Size | 1,025 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 1,025 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 206
| Unit Size | 992 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 992 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 207
| Unit Size | 1,207 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 1,207 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit 208
| Unit Size | 915 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 915 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 498 |
| 1+1 | 15 | - | 623 - 735 |
| 2+1 | 34 | - | 855 - 900 |
| 3+2 | 10 | - | 1,140 |
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4716 Hastings St - VALEO
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