A rare combination of holding income, future self re-development (6 units), or land assembly w 2 more lots into 4 storey building. Estimated rental income appr. $7,500/m. Once “in a lifetime opportunity. Be prepared for the future “. “4 -storey apartment zoning lots in new OCP”. Builders can also split one lot into 3 sml lots. Located in a rapidly growing area with excellent amenities, transit access, and strong future potential. The house was Recently done in stages into a very new offering with one legal 2 bed suite - can be 3 bed, or 2 more bd income generating accommodation. Reno was done w great workmanship. With 2 bedroom/2 bath up, Shed in backyard is yet another potential waiting for ideas. 3 full sets laundry machines.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full, Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven |
| Interior Features | Guest Suite, Storage |
| Heating Type | Baseboard |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Flooring | Hardwood, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $3,798,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 4 |
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2131 |
| Year Built | 1955 |
| Age Of Building | 71 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Other, Front Access, Asphalt |
| Total Parking Spaces | 4 |
| Rental Suites | Legal Suite |
| Lot Size | 10350 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 50 |
| MLS® # | R3082120 |
| Area | Burnaby South |
| Neighbourhood | Burnaby Lake |
| City | Burnaby |
| Postal Code | V5E 2E5 |
| Gross Taxes | $6,152.97 |
| Zoning | RES |
| Status | Date | Price |
|---|---|---|
| R3082120 / Active | 01-21-2026 | $3,798,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 9'11 x 9'11 ft |
| Main Level | Bedroom | 11'6 x 11'6 ft |
| Main Level | Kitchen | 21'11 x 21'11 ft |
| Main Level | Living Room | 18'5 x 18'5 ft |
| Main Level | Foyer | 10'6 x 10'6 ft |
| Main Level | Bar Room | 7'7 x 7'7 ft |
| Main Level | Bar Room | 4'10 x 4'10 ft |
| Basement Level | Kitchen | 15'5 x 15'5 ft |
| Basement Level | Bedroom | 11'5 x 11'5 ft |
| Basement Level | Bedroom | 11'5 x 11'5 ft |
| Basement Level | Laundry | 11' x 11' ft |
| Basement Level | Bar Room | 4'1 x 4'1 ft |
| Basement Level | Bedroom | 7'8 x 7'8 ft |
| Basement Level | Bedroom | 7'8 x 7'8 ft |
| Basement Level | Office | 10'1 x 10'1 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #4 |
| Basement | No | #4 |
| Below | No | #4 |
Listed by: Sutton Group Seafair Realty & RE/MAX Westcoast
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
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 7843 Wedgewood Street | |||||
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