LEASE
Active - For Lease
RETAIL | MIXED-USE
5595A Kingsway, Burnaby, BC
Renfrew-Collingwood, situated in the eastern part of Vancouver, British Columbia, is a neighborhood undergoing rapid transformation due to extensive real estate development. Once a quiet, working-class area, it has seen a significant shift as developers respond to the city’s growing housing demands. Modern high-rise condos and townhomes are now prominent, especially near transit hubs like the Joyce-Collingwood SkyTrain Station, reshaping the neighborhood’s skyline and attracting a diverse range of new residents.
As housing projects multiply, the population in Renfrew-Collingwood has been steadily increasing. Young professionals and families are drawn to the area by its relatively affordable housing options compared to Vancouver’s downtown core, along with easy access to public transit, parks, and community amenities. This growth has also led to a denser population, with local businesses adapting to meet the needs of the changing demographic.
Alongside real estate expansion, the neighborhood has experienced a rise in average incomes. The arrival of professionals and the development of upscale residential properties have contributed to increasing property values, enhancing the area’s economic profile. While it maintains a blend of long-standing residents and newcomers, Renfrew-Collingwood is increasingly reflecting Vancouver’s broader trends of urbanization and economic evolution.
Renfrew-Collingwood, situated in the eastern part of Vancouver, British Columbia, is a neighborhood undergoing rapid transformation due to extensive real estate development. Once a quiet, working-class area, it has seen a significant shift as developers respond to the city’s growing housing demands. Modern high-rise condos and townhomes are now prominent, especially near transit hubs like the Joyce-Collingwood SkyTrain Station, reshaping the neighborhood’s skyline and attracting a diverse range of new residents.
As housing projects multiply, the population in Renfrew-Collingwood has been steadily increasing. Young professionals and families are drawn to the area by its relatively affordable housing options compared to Vancouver’s downtown core, along with easy access to public transit, parks, and community amenities. This growth has also led to a denser population, with local businesses adapting to meet the needs of the changing demographic.
Alongside real estate expansion, the neighborhood has experienced a rise in average incomes. The arrival of professionals and the development of upscale residential properties have contributed to increasing property values, enhancing the area’s economic profile. While it maintains a blend of long-standing residents and newcomers, Renfrew-Collingwood is increasingly reflecting Vancouver’s broader trends of urbanization and economic evolution.
* NOI stands for Net Operating Income. The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.
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