4505 MARINE DRIVE
Burnaby, British Columbia
MLS® R3092640
$1,950,000
- Status
- Active
- Property type
- House
- MLS® number
- R3092640
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1952
1 / 9Listing 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 summary
- MLS® number
- R3092640
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,268 sq ft
- Title
- Freehold
- Land size
- 13532.71 square feet
- Built in
- 1952
- Annual property taxes
- $6,310.79
- Parking
- 5 spaces · Carport
- Days on market
- 250 days
Features & details
- Heating
- Forced air, Natural gas
- Basement
- Partial, Unknown, Unknown
- Appliances
- All
- Lot features
- Central location
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,950,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Sutton Centre Realty, Burnaby.
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.