About This Property
Renovate or build, the choice is yours! Lightly sloped 56’x109’ lot north of Metrotown. Situated on a cul-de-sac with lane access, this sturdy 1970s 2-storey home with sweeping city views offers suite potential with a separate rear entrance. Located just outside of a Frequent Transit Network Area, R-1 zoning allows for construction of up to 4 dwelling units under Burnaby’s Small Scale Multi Unit Housing. This lot is currently included in the expansion of the Metrotown Downtown Plan as part of the Burnaby 2050 project. If approved, the new Official Community Plan could allow for assembly of lots and construction of townhomes or low-rise apartments, making this an excellent opportunity to invest and hold. Unbeatable location is walking distance to transit, shopping, schools, and parks.
Property Details
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