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6891 BURLINGTON AVENUE, Burnaby | $1,699,900

Excellent investment and holding opportunity! Situated in the Royal Oak area with significant future redevelopment potential, this property offers the possibility of future high-density development up to 20 stories (buyers to verify with the City regarding zoning and development potential). The property is being sold as is, where is, with land value being the primary consideration. Currently tenanted by long-term tenants. An ideal opportunity for investors, builders, and developers looking to secure a property in a rapidly evolving neighbourhood.

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Description

Excellent investment and holding opportunity! Situated in the Royal Oak area with significant future redevelopment potential, this property offers the possibility of future high-density development up to 20 stories (buyers to verify with the City regarding zoning and development potential). The property is being sold as is, where is, with land value being the primary consideration. Currently tenanted by long-term tenants. An ideal opportunity for investors, builders, and developers looking to secure a property in a rapidly evolving neighbourhood.

General Info

MLS Listing ID: R3140429 Bedrooms: 1 Bathrooms: 1 Year Built: 1945
Parking: N/A Heating: Forced air Lotsize: 5489 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Unknown (Partially finished)

Amenities/Features

  • Central location

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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 .