DEVELOPER & INVESTOR OPPORTUNITY - Exceptional holding property in Burnaby´s rapidly evolving growth corridor. Preliminary drawings available for 2 duplexes comprising 4 sellable units, with additional potential for future high-rise redevelopment under the OCP (buyer to verify with City). The existing 2-storey residence offers 7 bedrooms, over $150,000 in recent renovations, and strong holding income with quality tenants generating approx. $5,000/month. Situated on a flat, usable lot in a prime location near Lougheed Mall, SkyTrain, Walmart, parks, schools, and the future recreation centre. An outstanding opportunity to hold, build, rent, or assemble in a high-demand area with significant long-term upside. (id:13843)
| MLS # | R3122483 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1958 |
| Days On Site | 172 |
| Listing Provided By | Team 3000 Realty Ltd. | Surina Parmar |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,399 |
| Car Port | Yes |
| Basement | Y |
| Acreage | 0.16 |
| Heating | Forced air, Natural gas |
|---|---|
| Appliances | All |
| Fireplace Yes / No | No |
| Parking Features | Carport, RV |
|---|
| Tax Annual Amount | 5696.83 |
|---|---|
| Tax Year | 2025 |
| Province | BC |
|---|---|
| City | Burnaby |
| Postal Code | V3J1G9 |
| Listing VS Median (in V3J1G9) | |
Price: $2,395,000 low | high Med: $2,395,000 sqft: 2,399 low | high Med: 2,399 $ / sqft: $998 low | high Med: $998 On site: 172 low | high Med: 172 | |
| Province | BC |
|---|---|
| City | Burnaby |
| Postal Code | V3J1G9 |
| Listing VS Median (in V3J1G9) | |
Price: $2,395,000 low | high Med: $2,395,000 sqft: 2,399 low | high Med: 2,399 $ / sqft: $998 low | high Med: $998 On site: 172 low | high Med: 172 | |
![]() | $2,500,000521 Brookmere AvenueCoquitlam, BC V3J1W8 |