$5,800,000
Claire Group is excited to present investors with a unique redevelopment opportunity for this 0.60-acre parcel in Burnaby. Buyers benefit from a redevelopment application at third reading for 21 townhouses with 1 level of underground parking. The city's OCP designated these properties as Low Rise Apartment 2, allowing for a rental building up to 6 stories. Buyers should consult with the City of Burnaby with any inquiries.
| Structures | Land Only |
|---|
| Price | $4,965,000 |
|---|---|
| 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 Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 26280.32 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 131 |
| MLS® # | R3089233 |
| Area | Burnaby East |
| Neighbourhood | Edmonds BE |
| City | Burnaby |
| Postal Code | V3N 1Z8 |
| Gross Taxes | $15,275.41 |
| Zoning | R1 |
Listed by: RE/MAX Real Estate Services
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.
Private Schools
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Crime Rate
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| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
No active comparable properties are currently available for this property type in Burnaby. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (14.4% price reduction) based on its competitive pricing and market demand.
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