Fair Market
Deal Score out of 10
Priced at or near market value in current conditions.
Subject: $1,998,000 · $1,092/sqft
$1,998,000
Listed by: Luxmore Realty · MLS®
Seller will not make repairs. Commission a pre-inspection before removing subjects.
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
This is a rare opportunity to acquire a M-3 Zoned (Heavy Industrial) property in the highly sought-after Willingdon Heights area of Burnaby. Ideally located just minutes from Highway #1, this 6,600 sq ft lot (50ft x 132ft) offers ample space to construct your ideal building. The property is being sold for land value only, with the existing residential structure being sold "as is, where is" and is considered a teardown by potential buyers.
MLS #
R3061435
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Zoning
M3
Bedrooms
3
Full Baths
2
Half Baths
0
Kitchens
1
Living Area
1,830 sqft
Main Floor
1,830 sqft
Lot Size
6,600 sqft
Lot Dimensions
50 x 132
Frontage
50
Year Built
1931
Age
95 years
Roof
Other
Construction
Frame Wood, Mixed (Exterior)
Structure
Residential Detached
Parking Type
Open
Taxes
$6,993.5/yr
MLS Area
Central BN
City
Burnaby
Postal Code
V5C 3T5
Heating
Forced Air
Fencing
Fenced
Water Source
Public
Sewer
Public Sewer
Utilities
Community
Property Disclosure
Yes
Coordinates: 49.270482, -123.015499 · Map data © Google
MLS® R3090774 · Listed by RE/MAX City Realty
Building permit history is currently available for City of Vancouver properties only.
Suggested Offer
$1,882,865
5.8% below list price
Negotiation Range
$1,832,915 – $1,912,835
$79,920 spread
Based on 26 recent sales, a starting offer around $1,882,865 (5.8% below list price) is reasonable. Your negotiation range is $1,832,915 – $1,912,835.
What's factored in
Based on 26 residential sales in Burnaby (last 60 days) · Updated Jun 20
