4525 LAKELSE AVENUE

4525 LAKELSE AVENUE · Terrace · Retail · $3,000,000 · MLS C8076276

Terrace, British Columbia
C$3,000,000
For sale
4525 LAKELSE AVENUE

4525 LAKELSE AVENUE is located in Terrace. Property snapshot: Retail, listed at $3,000,000, MLS C8076276. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 90. Latest recorded list price 3000000.00.

List Price: $3,000,000
MLS: C8076276
Interior Size: 24,340 sqft
Days on Site: 90
Price History: Latest recorded list price 3000000.00

Local Decision Guide

How should buyers evaluate 4525 LAKELSE AVENUE?

Start by reading this listing in its Terrace 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.

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 4525 LAKELSE AVENUE?

This page shows a list price of $3,000,000 with MLS C8076276.

What type of home is this Terrace listing?

The page shows Retail at 4525 LAKELSE 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 90 days on market/site. Latest recorded list price 3000000.00.

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.

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

High traffic location with proven record of success this spacious building is in Terraces Downtown core. Favourable C1 A zoning allows a variety of uses from Health Services, Restaurant, Retail, Offices, Daycare or Community Care, Personal Services, and more. The interior offers large open space on both floors with a separate space at the rear of each floor for storage, warehouse, kitchen etc. This building is solid and ready to be repurposed. (id:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms
1994
Year Built
32 years
Age
90
Days on Site
24,340 sqft
Interior Size
C$123
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29370430 (C8076276)

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Site Context

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Property Summary

Price: C$3,000,000

Days on Site: 90 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-03-28 07:52 PM PDT

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Lot info

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

Schools

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Price History

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Last Updated: Tue, 17 Feb 2026 04:25:41 PM PST

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal LePage Aspire Realty (Terr)

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