Salehian.com 647-325-5000

4505 MARINE DRIVE

Burnaby, BC, V5J3G1

Listed by Sutton Centre Realty

$1,950,000

Photo 1 of 9Photo 2 of 9Photo 3 of 9Photo 4 of 9Photo 5 of 9Photo 6 of 9Photo 7 of 9Photo 8 of 9Photo 9 of 9
  • 2 bedrooms
  • 1 bathrooms
  • 5 parking
  • 1268 sq ft

Listed 240 days ago · MLS® R3092640

About this home

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. (id:66966)

Details

Type
Detached
Style
Bungalow
Size
1268 sq ft
Basement
Partial, Unknown, Unknown
Property tax
$6,311 (2025)
Municipality
Burnaby

Interior

Fireplace
No
Appliances
All

Heating, cooling and services

Heating
Forced air, Natural gas

Building and exterior

Style
Bungalow
Year built
1952

Parking

Total parking
5
Driveway and parking
Carport

Location

Location is approximate. See nearby homes on the map

Listed by Sutton Centre Realty.

Powered by: REALTOR.ca

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Similar homes nearby

See more in Burnaby