View of front of home

$1,950,000

4505 Marine Drive, Burnaby, BC V5J 3G1

MLS® R3092640

Description

BUILDERS AND INVESTORS!! This massive 13,532 SQF South Slope development site (high side of Marine Drive) features convenient real lane access and prime proximity to transit! 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. R1 designation allows your client to build 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! 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.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Architectural style

Rancher/Bungalow w/Bsmt.

Year built

1,952

Age

74 years

Ownership

Freehold NonStrata

Levels

2

Interior

Bedrooms

2

Bathrooms

1

Full bathrooms

1

Half bathrooms

0

Living area

1,268 sq ft

Main floor finished area

980 sq ft

Basement

Partial

Fireplaces

0

Appliances

Washer/Dryer, Dishwasher, Refrigerator, Stove

Systems

Heating

Forced Air, Natural Gas

Lot and parking

Lot size

13,532.71 sq ft

Lot dimensions

66.39 x 233

Lot features

Central Location, Near Golf Course, Lane Access

Parking spaces

5

Parking

Carport Single, Open, Front Access

Carport spaces

1

Open parking

Yes

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$6,311

Tax year

2,025

Land lease

No

Location

Area

Burnaby South

Neighbourhood

South Slope

View

No

Waterfront

No

Community features

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