$2,250,000
About this House
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.
Listed by Sutton Centre Realty.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R3092640
- Type: House
- Bedrooms: 2
- Bathrooms: 1
- Square Feet: 1,268 sqft
- Lot Size: 13,533 sqft
- Frontage: 66.39 ft
- Full Baths: 1
- Half Baths: 0
- Taxes: $6310.79
- Parking: Carport Single, Open, Front Access (5)
- Basement: Partial
- Storeys: 2 storeys
- Year Built: 1952
- Style: Rancher/Bungalow w/Bsmt.
