4505 Marine Drive
South Slope, Burnaby South
2 Bed
1 Bathroom
1,268 sqft
Carport Single, Open, Front Access (5)
Offered at : $2,250,000
About this House in South Slope
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.
Listed by Sutton Centre Realty.
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.
Listed by Sutton Centre Realty.
Specs and Details
- MLS®: R3092640
- Bedrooms: 2
- Bathrooms: 1
- Type: House
- Square Feet: 1,268 sqft
- Lot Size: 13,533 sqft
- Frontage: 66.39 ft
- Full Baths: 1
- Half Baths: 0
- Taxes: $6310.79
- Parking: Carport Single, Open, Front Access (5)
- Basement: Partial
- Storeys: 2 storeys
- Year Built: 1952
- Style: Rancher/Bungalow w/Bsmt.
- Price Per Sqft: $1,774.45
More About South Slope, Burnaby South
Latitude: 49.2089959
Longitude: -123.0028166
V5J 3G1
- MLS®: R3092640
- Bedrooms: 2
- Bathrooms: 1
- Type: House
- Square Feet: 1,268 sqft
- Lot Size: 13,533 sqft
- Frontage: 66.39 ft
- Full Baths: 1
- Half Baths: 0
- Taxes: $6310.79
- Parking: Carport Single, Open, Front Access (5)
- Basement: Partial
- Storeys: 2 storeys
- Year Built: 1952
- Style: Rancher/Bungalow w/Bsmt.
- Price Per Sqft: $1,774.45
- MLS®: R3092640
- Bedrooms: 2
- Bathrooms: 1
- Type: House
- Square Feet: 1,268 sqft
- Lot Size: 13,533 sqft
- Frontage: 66.39 ft
- Full Baths: 1
- Half Baths: 0
- Taxes: $6310.79
- Parking: Carport Single, Open, Front Access (5)
- Basement: Partial
- Storeys: 2 storeys
- Year Built: 1952
- Style: Rancher/Bungalow w/Bsmt.
- Price Per Sqft: $1,774.45
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Anthony Trinetti for your convenience.
Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
