Data was last updated 2026-05-13 at 05:02:07 GMT
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.
Listing Information
- Prop. Type:
- Single Family Residence
- Property Style:
- Split Entry
- Status:
- Active
- City:
- Burnaby North
- Bedrooms:
- 7
- Full Bathrooms:
- 2
- Neighborhood:
- Sullivan Heights
- Area:
- Burnaby
- Province:
- British Columbia
- MLS® Number:
- R3122483
- Listing Price:
- $2,395,000
- Taxes:
- $5,697
General Information
- Year Built:
- 1958
- Lot Size (sqft):
- 6910.0 ft2
- Total Square Feet:
- 2399ft2
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