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Listing content provided by CREA DDF®. Not intended to solicit properties currently listed for sale.

4505 MARINE DRIVE | Sanket Patel Calgary REALTOR(R)

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$1,950,000

For Sale

2 bed · 1 bath

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For Sale

$1,950,000

MLS® R3092640

4505 MARINE DRIVE

Burnaby, British Columbia, V5J3G1

Beds / Baths: 2 bed · 1 bath
Interior: 1,268 sqft
Property type: Single Family
Building: House
Year built: 1952
Lot size: 13532.71 square feet

Property facts

Beds / Baths: 2 bed · 1 bath
Interior: 1,268 sqft
Property type: Single Family
Building: House
Transaction: For Sale
Year built: 1952
Lot size: 13532.71 square feet
Parking: 5
Ownership: Freehold

About this property

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:53361)

Features & details

Heating: Forced air, Natural gas
Parking: Carport
Basement: Partial, Unknown, Unknown
Fireplace: false
Appliances: All
Tax Year: 2025
Lot Features: Central location
Photos Count: 9
Parcel Number: 009-757-147
Tax Annual Amount: 6310.79
Originating System: Greater Vancouver REALTORS®
Internet Address Display: true

Location

4505 MARINE DRIVE, Burnaby, British Columbia, V5J3G1

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