- ©MLS R3118140
- Area 1924 sq ft
- Bedrooms 4
- Bathrooms 2
- Parkings 3
Description
Multiplex - Prime investor/developer opportunity on rapidly evolving Smith Ave in Burquitlam. Nearby properties already show clear land assembly and redevelopment momentum, inc Townhouse-designated sites and approved/proposed six-storey rental and condo projects next door - along the Smith corridor. Strong potential for holding income, future assembly, and long-term upside in a neighbourhood transitioning toward higher density. LEGISLATIVE BILL-47 puts this property within the transit-oriented area that allows up to 8 storey mid-rise development at 3.0 FAR. The recent SHAPE PROPERTIES proposal to redevelop Burquitlam Plaza is a game changer for the neighbourhood. This is Mainly land value but bonus, the Current house has proven Rental income and lovingly cared for by the current owners. (id:48970) Show More
Details
- Constructed Date: 1952
- Property Type: Single Family
- Type: House
- Architectural Style: Bungalow
Ammenities + Nearby
- Laundry - In Suite
- Recreation
- Shopping
- Recreation
- Shopping
Features
- Central location
- Treed
- Forced air
Location
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Real Estate Board Of Greater Vancouver