Split-level residence featuring a gray exterior with blue accents and white-framed windows
$2,395,000
MLS® R3122483
7
Bedrooms
2
Bathrooms
2,399
Sq Ft
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.
Listed by Surina Parmar - PREC, Team 3000 Realty Ltd.
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