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Similar Homes in South Slope
Subject: $2,250,000 · $1,774/sqft
Subject: $2,250,000 · $1,774/sqft
$2,250,000
Listed by: Sutton Centre 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.
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.
MLS #
R3092640
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow w/Bsmt.
Ownership
Freehold NonStrata
Zoning
R1
Bedrooms
2
Full Baths
1
Half Baths
0
Kitchens
1
Fireplaces
0
Living Area
1,268 sqft
Main Floor
980 sqft
Above Main
288 sqft
Basement
Yes
Lot Size
13,532.71 sqft
Lot Dimensions
66.39 x 233
Frontage
66.39
Year Built
1952
Age
74 years
Roof
Asphalt
Construction
Frame Wood, Stucco, Wood Siding
Structure
Residential Detached
Parking Stalls
5
Carport
1 spaces
Parking Type
Carport Single, Open, Front Access
Taxes
$6,310.79/yr
MLS Area
South Slope
City
Burnaby
Postal Code
V5J 3G1
Heating
Forced Air · Natural Gas
Flooring
Other · Carpet
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Patio / Porch
Patio · Deck
Transit
1 BLOCK
Schools
CLOSE
Lot Features
Central Location, Near Golf Course, Lane Access
Water Source
Public
Sewer
Public Sewer
Utilities
Electricity Connected
Community
Shopping Nearby
Property Disclosure
Yes
Coordinates: 49.208996, -123.002817 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
MLS® R3090822 · Listed by Sutton Group - 1st West Realty
Building permit history is currently available for City of Vancouver properties only.
Suggested Offer
$2,107,227
6.3% below list price
Negotiation Range
$2,050,977 – $2,140,977
$90,000 spread
Based on 27 recent sales, a starting offer around $2,107,227 (6.3% below list price) is reasonable. Your negotiation range is $2,050,977 – $2,140,977.
What's factored in
Based on 27 residential sales in Burnaby (last 60 days) · Updated Jun 23
