Description
DEVELOPER & INVESTOR OPPORTUNITY - Exceptional holding property in BurnabyA?s rapidly evolving growth corridor. Preliminary drawings available for 2 duplexes comprising 4 sellable units, with additional potential for future high-rise redevelopment under the OCP (buyer to verify with City). The existing 2-storey residence offers 7 bedrooms, over $150,000 in recent renovations, and strong holding income with quality tenants generating approx. $5,000/month. Situated on a flat, usable lot in a prime location near Lougheed Mall, SkyTrain, Walmart, parks, schools, and the future recreation centre. An outstanding opportunity to hold, build, rent, or assemble in a high-demand area with significant long-term upside.
General Info
| MLS Listing ID: R3122483 | Bedrooms: 7 | Bathrooms: 2 | Year Built: 1958 |
| Parking: N/A | Heating: Forced air | Lotsize: 6910 sqft | Air Conditioning : N/A |
| Home Style: Storage Shed | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Full (Unknown) |
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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 .