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About This Property
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.
Features
Property Details
School Catchment
Sales History
| Date | Price | Type | Beds | Baths | Sq Ft |
|---|---|---|---|---|---|
| 2025-01-26 | $1,922,000 | Single Family Residence | 4 | 1.5 | 2,120 |
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