$4,500,000

2640 Bainbridge Avenue, Burnaby, BC V5A 2S6

MLS® R3124100

Description

Exceptional development opportunity in the heart of North Burnaby. This 1/2 acre property is designated under the Burnaby OCP as Low-Rise Apartment (2–8 Storeys) and is located within a Transit-Oriented Development Area, offering tremendous future redevelopment potential. Centrally positioned with convenient access to SkyTrain, major transit routes, Brentwood, Lougheed, SFU, shopping, parks, and everyday amenities. Surrounded by several major master-planned communities and ongoing redevelopment projects, this site is ideally situated in one of Burnaby’s most rapidly evolving neighbourhoods. Rare chance for builders, developers, and investors to secure a large assembly-style property with significant upside potential. Don’t miss this outstanding opportunity in a high-growth location.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Year built

1,975

Age

51 years

Ownership

Freehold NonStrata

Levels

Two

Interior

Bedrooms

4

Bathrooms

4

Full bathrooms

3

Half bathrooms

1

Living area

3,325 sq ft

Main floor finished area

1,855 sq ft

Basement

None

Systems

Heating

Mixed

Lot and parking

Lot size

21,824 sq ft

Lot dimensions

88 x 248

Parking spaces

4

Parking

Carport Single, Front Access

Carport spaces

1

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$12,363

Tax year

2,025

Land lease

No

Location

Area

Burnaby North

Neighbourhood

Montecito

Waterfront

No