4505 Marine Drive Burnaby, British Columbia V5J 3G1

2 Bedroom 1 Bathroom 1,268 ft2
Bungalow Forced Air

$2,250,000

BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. 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. The new R1 designation will allow your client to build anywhere 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! There is 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. (id:17816)

Property Details

MLS® Number R3092640
Property Type Single Family
Neigbourhood Fairways at Nelson
Amenities Near By Golf Course, Shopping
Features Central Location
Parking Space Total 5

Building

Bathroom Total 1
Bedrooms Total 2
Appliances All
Architectural Style Bungalow
Basement Development Unknown
Basement Features Unknown
Basement Type Partial (unknown)
Constructed Date 1952
Construction Style Attachment Detached
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,268 Ft2
Type House

Parking

Carport

Land

Acreage No
Land Amenities Golf Course, Shopping
Size Frontage 66 Ft ,4 In
Size Irregular 13532.71
Size Total 13532.71 Sqft
Size Total Text 13532.71 Sqft

https://www.realtor.ca/real-estate/29390694/4505-marine-drive-burnaby