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Justin Ott

justin@ottlistings.com +1(604) 832-2045

Listed by Sutton Centre Realty

$ 1,950,000

Est. payment | -/mo

2 Beds

1 Bath

1,268 SqFt

Save

$ 1,950,000

Est. payment | -/mo

Save

2 Beds

1 Bath

1,268 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,268 sqft

Price per Sqft $1,537

MLS Listing ID R3092640

Style Rancher/Bungalow w/Bsmt.

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1952

Annual Tax Amount $6,310

Lot Size 0.311 Acres

Property Sub-Type Single Family Residence

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.

Location

Province BC

Community South Slope

Area Burnaby South

Zoning R1

Rooms

Other Rooms Kitchen, Living Room, Bedroom, Bedroom, Storage

Kitchen 1

Interior

Heating Forced Air, Natural Gas

Flooring Other, Carpet

Appliance Washer/Dryer, Dishwasher, Refrigerator, Stove

Exterior

Community Features Shopping Nearby

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt

Porch Patio, Deck

Total Parking Spaces 5

Garage No

Building

Lot Description Central Location, Near Golf Course, Lane Access

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Locker No

Others

Ownership Freehold NonStrata

REBGV/FVREB/Chilliwack (Residential IDX)

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(604) 832-2045

justin@ottlistings.com

33832 South Fraser Way, Abbotsford, BC, V2S 2C5, CAN

Learn More About LPT Realty

4505 Marine DR Burnaby, BC V5J 3G1