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Renanza Realty
For sale

SL 1-46 4951 SANDERS STREET

Burnaby, British Columbia

MLS® C8071997

$58,000,000

Status
Active
Property type
Vacant land
MLS® number
C8071997
Bedrooms
Bathrooms
Year built

Listing description

This exceptional 46-unit 2 BR stratified building with underground parking sits on a ±1. 26-acre corner site, primed for redevelopment with stunning, unobstructed mountain views. Located at Sanders & Nelson Street, it is adjacent to Marlborough Park West and just minutes from BC's largest mall, Metrotown, with 450+ stores and services.

Steps from Metrotown Skytrain Station on the Expo Line, connecting Vancouver to Surrey and beyond. This site is designated RM-5 under the Metrotown Downtown Plan, allowing high-density residential buildings with ground-oriented units up to 5. 9 FSR.

Featuring approx. 395 ft frontage & 140 ft depth, it offers significant development potential. An ideal income-generating property while planning its future multifamily development.

Don't miss this rare chance to develop in Burnaby's urban core. Inquire today for full details.

Property summary

MLS® number
C8071997
Property type
Vacant Land
Square footage
86,250 sq ft
Land size
54820 square feet
Annual property taxes
$95,396.57
Days on market
359 days

Features & details

Lot features
Passenger elevator

What would this home cost you?

Based on the $58,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$269,865 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Real Estate Services, Vancouver.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.