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4505 MARINE DRIVE

City: Burnaby
MLS® Number: R3092640
$1,950,000
Description

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:67659)

PROPERTY TYPE
Single Family
BEDROOMS
2
TAXES
$6,310.79 (2025)
DWELLING TYPE
House
BATHROOMS
1
LOT AREA
13532.71 square feet
TOTAL AREA
1,268 square feet
YEAR BUILT
1952
STATUS
Active
Features

Appliances: All

Heating: Forced air, Natural gas

Basement: Partial, Unknown, Unknown

Parking: Carport

Lot: Central location

Photos
Location
Listing Brokerage
Sutton Centre RealtyPowered by REALTOR.ca

Contact Leanne Robb PREC

Call 778-918-4169 or email leanne.robb@westcoasthome.ca, or send a message about this listing.