101 5021 KINGSWAY

101 5021 KINGSWAY · Burnaby, Forglen · Business · $188,888 · MLS C8080134

Burnaby, British Columbia · Neighbourhood: Forglen
C$188,888
For sale
101 5021 KINGSWAY

101 5021 KINGSWAY is located in Burnaby (Forglen). Property snapshot: Business, listed at $188,888, MLS C8080134. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 3. Catchment schools include Ecole Marlborough Elementary, B

List Price: $188,888
MLS: C8080134
Interior Size: 1,415 sqft
Days on Site: 3
Catchment Schools: Catchment schools include Ecole Marlborough Elementary, Burnaby Central Secondary
Price History: Latest recorded list price 188888.00

Local Decision Guide

How should buyers evaluate 101 5021 KINGSWAY?

Start by reading this listing in its Burnaby Forglen 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 101 5021 KINGSWAY?

This page shows a list price of $188,888 with MLS C8080134.

What type of home is this Burnaby, Forglen listing?

The page shows Business at 101 5021 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 3 days on market/site. Latest recorded list price 188888.00.

Which catchment schools are associated with 101 5021 KINGSWAY?

Catchment schools include Ecole Marlborough Elementary, Burnaby Central 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

Unique street-level storefront currently operating as a bubble tea café, with a strong focus on handcrafted and customized DIY crafts and retail. The distinctive two-level layout offers excellent flexibility. The second floor is ideal for use as a VIP lounge, art gallery, board game area, workshop space, or private event venue. There may also be potential to install commercial ventilation and convert the premises into a full-service restaurant, subject to all required approvals. Surrounded by schools, high-rise residential buildings, and strong neighbourhood traffic, this is an excellent opportunity for an owner-operator or creative entrepreneur. **Please do not approach the cafe directly'the staff is not aware of the sale.** (id:56153)

Property Details

Business
Building Type
-
Bedrooms
-
Bathrooms
1,415 sqft
Interior Size
C$133
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29992882 (C8080134)

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Site Context

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Property Summary

Price: C$188,888

Days on Site: 3 days

Added to Relistico: 2026-07-06

Updated on: 2026-07-06 09:05 AM PDT

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Lot info

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

Schools

Ecole Marlborough Elementary ELEMENTARY
Burnaby, BC
Straight-line distance about 305.6 m
Burnaby Central Secondary SECONDARY
Public · School District 41
6011 Deer Lake Parkway, Burnaby, BC
Straight-line distance about 2.2 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
Boemma Euro Foods & Deli
About 255.6 m away
5172 Kingsway, Burnaby
Wholesale Club
About 360.2 m away
5335 Kingsway
Shopping Centres
Burlington Square
About 213.7 m away
5172 Kingsway, Burnaby
Metropolis at Metrotown
About 544.4 m away
4700 Kingsway, Burnaby
Parks / Green Space
Lobley Park
About 171.8 m away
Bonsor Park
About 443.8 m away
Rapid Transit Stations
ROYAL OAK STATION
About 721.4 m away

Price History

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Last Updated: Mon, 06 Jul 2026 08:04:31 AM PDT

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Listing Office: Unilife Realty Inc.

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