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4505 Marine Drive, Burnaby, British Columbia

$1,950,000

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2

Beds

1

Bath

1,268

Square feet

0.31

Acres

About 4505 Marine Drive

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:6289)

Features of 4505 Marine Drive

Listing # R3092640
Price $1,950,000
Bedrooms 2
Bathrooms 1.00
Square Footage 1,268
Acres 0.31
Year Built 1952
Type Single Family
Sub-Type House
Style Bungalow

Community Information

Address 4505 Marine Drive
City Burnaby
Province British Columbia
Postal Code V5J3G1

Amenities

Features Central location
Parking Spaces 5
Parking Carport
Garages Carport
Is Waterfront No
Has Pool No

Interior

Appliances All
Heating Forced air, Natural gas
Fireplace No
Has Basement No
Basement Partial, Unknown, Unknown

Exterior

Lot Description 13532.71

Listing Details

OfficeSutton Centre Realty

Listing Map

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