Exceptional development opportunity: 6,732 SF south-facing corner site in Burnaby’s Royal Oak Urban Village, one block from SkyTrain. Designated for *Medium Density Mixed-Use*, this site supports a mid-rise project featuring ground-floor retail and five levels of residential. Estimated buildable area of 25,000–28,000 SF allows for 22–28 units (1BR, 2BR, and 3BR mix) plus 2,000–2,500 SF of prime commercial space and underground parking. Ideal for developers seeking a high-exposure, transit-oriented project in a rapidly evolving hub. *Note: All images are artist renderings for conceptual purposes only. Final design and density subject to municipal approval. Buyer/Agent to independently verify all zoning and development specifications.*
| Structures | Land Only |
|---|
| Price | $2,999,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone At Lot Line, Cable At Lot Line |
| Water (WaterSource) | Public |
| Lot Size | 6561 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 64.12 |
| MLS® # | R2997235 |
| Area | Burnaby South |
| Neighbourhood | Metrotown |
| City | Burnaby |
| Postal Code | V5J 1L6 |
| Gross Taxes | $5,216.22 |
| Zoning | M4 |
Listed by: eXp Realty & eXp Realty
NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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| School | Type | Grades Served | Catchment Info | Rating | Distance |
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Comparable data is unavailable at the neighbourhood level. City-wide in Burnaby, similar properties average $2,862,833 across 4 active listings — this listing is 4.8% above the Burnaby average.
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