Single-story residence featuring light-colored siding and a dark roof

$1,699,900

6891 Burlington Avenue, Burnaby, BC V5J 4H3

MLS® R3140429

Description

Excellent investment and holding opportunity! Situated in the Royal Oak area with significant future redevelopment potential, this property offers the possibility of future high-density development up to 20 stories (buyers to verify with the City regarding zoning and development potential). The property is being sold as is, where is, with land value being the primary consideration. Currently tenanted by long-term tenants. An ideal opportunity for investors, builders, and developers looking to secure a property in a rapidly evolving neighbourhood.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Year built

1,945

Age

81 years

Ownership

Freehold NonStrata

Levels

One

Interior

Bedrooms

1

Bathrooms

1

Full bathrooms

1

Half bathrooms

0

Living area

1,188 sq ft

Main floor finished area

594 sq ft

Basement

Partially Finished

Systems

Heating

Forced Air

Lot and parking

Lot size

5,489 sq ft

Lot dimensions

50 x

Lot features

Central Location, Lane Access, Recreation Nearby

Parking spaces

3

Garage spaces

Yes

Carport spaces

Yes

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$4,666

Tax year

2,025

Land lease

No

Location

Area

Burnaby South

Neighbourhood

Metrotown

Waterfront

No

Community features

Shopping Nearby

Exterior features

Balcony