REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,950,000
Est. payment | /mo
2 Beds
1 Bath
1,268 SqFt
$ 1,950,000
Est. payment | /mo
2 Beds
1 Bath
1,268 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1268
Square Footage 1,268 sqft
Price per Sqft $1,537
MLS® Listing ID R3092640
Style Bungalow
Bedrooms 2
Year Built 1952
Lot Size 0.311 Acres
Acres 13532.71
Property Sub-Type Freehold
Property Description
BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. The new R1 designation will allow your client to build anywhere up to 12 dwelling units on this property if subdivided, or up to 6 dwelling units as is, or anywhere in between if your client wishes to build for themselves with the bonus of added rental revenue from additional units! There is also the potential for a land assembly of additional properties for serious inquiries, and, the City of Burnaby has allowed for a delayed payment process for DCC´s and CAC´s. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage Yes
Private Pool No
Building
Story 1
Architectural Style Bungalow
Others
Ownership Freehold
Listed by Sutton Centre Realty
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "