5507 DORSET STREET, Burnaby | $2,999,000

Exceptional development opportunity: 6,732 SF south-facing corner site in BurnabyA?s Royal Oak Urban Village, one block from SkyTrain. Designated for *Medium Density Mixed-Use*, this site supports a mid-rise project featuring ground-floor retail and five levels of residential. Estimated buildable area of 25,000-28,000 SF allows for 22-28 units (1BR, 2BR, and 3BR mix) plus 2,000-2,500 SF of prime commercial space and underground parking. Ideal for developers seeking a high-exposure, transit-oriented project in a rapidly evolving hub. *Note: All images are artist renderings for conceptual purposes only. Final design and density subject to municipal approval. Buyer/Agent to independently verify all zoning and development specifications.*

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Description

Exceptional development opportunity: 6,732 SF south-facing corner site in BurnabyA?s Royal Oak Urban Village, one block from SkyTrain. Designated for *Medium Density Mixed-Use*, this site supports a mid-rise project featuring ground-floor retail and five levels of residential. Estimated buildable area of 25,000-28,000 SF allows for 22-28 units (1BR, 2BR, and 3BR mix) plus 2,000-2,500 SF of prime commercial space and underground parking. Ideal for developers seeking a high-exposure, transit-oriented project in a rapidly evolving hub. *Note: All images are artist renderings for conceptual purposes only. Final design and density subject to municipal approval. Buyer/Agent to independently verify all zoning and development specifications.*

General Info

MLS Listing ID: R2997235 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 6561 sqft Air Conditioning : N/A

Amenities/Features

  • Central location
  • Private setting

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .