This exceptional 46-unit 2 BR stratified building with underground parking sits on a ±1.26-acre corner site, primed for redevelopment with stunning, unobstructed mountain views. Located at Sanders & Nelson Street, it is adjacent to Marlborough Park West and just minutes from BC's largest mall, Metrotown, with 450+ stores and services. Steps from Metrotown Skytrain Station on the Expo Line, connecting Vancouver to Surrey and beyond. This site is designated RM-5 under the Metrotown Downtown Plan, allowing high-density residential buildings with ground-oriented units up to 5.9 FSR. Featuring approx. 395 ft frontage & 140 ft depth, it offers significant development potential. An ideal income-generating property while planning its future multifamily development. Don't miss this rare chance to develop in Burnaby's urban core. Inquire today for full details. (id:13843)
MLS# | C8062687 |
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Listing Type | For Sale |
Status | Active |
Year | 1991 |
Days On Site | 162 |
Listing Provided By | RE/MAX Real Estate Services | Daniel Yu |
SQ Feet | 86,250 |
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Zoning | CM RM3 |
Acreage | 54820.00 |
State | BC |
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City | Burnaby |
Zip Code | V5H1S8 |
Listing VS Median (in V5H1S8) | |
Price: $58,000,000 low | high Med: $58,000,000 SqFt: 86,250 low | high Med: 86,250 $ / SqFt: $672 low | high Med: $672 On Site: 162 low | high Med: 162.000000 |