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7 bedrooms
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2 bathrooms
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2,399 sqft
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6,910 lot sqft
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built in 1958
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$5,697 taxes in 2025
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House
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R3122483
- Description:
- 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.
Listed By: Team 3000 Realty Ltd.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
Royal Pacific Realty (Kingsway) Ltd.
3107 Kingsway, Vancouver BC
604.439.0068
Full Site