- ©MLS R3092640
- Area 1268 sq ft
- Bedrooms 2
- Bathrooms 1
- Parkings 5
Description
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:48970) Show More
Details
- Constructed Date: 1952
- Property Type: Single Family
- Type: House
- Architectural Style: Bungalow
Ammenities + Nearby
- Golf Course
- Shopping
- Golf Course
- Shopping
Features
- Central location
- 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