+5 more
$1,499,999
Listed by: Stonehaus Realty Corp. · MLS®
OLD HOUSE. BIG OPPORTUNITY. Builders, investors & visionaries, this Montecito property is all about what comes next. R1 zoning, rear lane access & exciting redevelopment potential make this a compelling opportunity in an area already seeing transformation. The existing home also offers solid holding potential, with the roof replaced in 2025 & the HWT and furnace updated in 2023. Located close to Sperling Elementary, Burnaby North Secondary, Sperling Burnaby Lake SkyTrain, Burnaby Mountain Golf Course, SFU & BCIT, with quick access to Lougheed Highway & Highway 1. Whether you’re planning your next build, a long term investment or a passion project, this property is full of possibilities. Buyer to verify development potential, measurements & requirements with the City of Burnaby.
MLS® #
R3176357
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
4
Full Baths
2
Half Baths
0
Fireplaces
1
Living Area
2,670 sqft
Main Floor
1,335 sqft
Basement
Yes
Lot Size
6,851 sqft
Lot Dimensions
30 x
Frontage
30
Year Built
1964
Age
62 years
Structure
Residential Detached
Parking Stalls
4
Carport
1 spaces
Parking Type
Carport Single, RV Access/Parking, Lane Access, Rear Access
Taxes
$6,811/yr
MLS® Area
Montecito
City
Burnaby
Postal Code
V5B 2X2
Heating
Forced Air
Appliances
Washer/Dryer · Refrigerator · Stove
Laundry
In Unit
Fireplace
Wood Burning
Exterior Features
Balcony
View
city views
Lot Features
Central Location
Coordinates: 49.262245, -122.963096 · Map data © Google
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Transit-Oriented Area — Tier 2
~350 m from Sperling — Burnaby Lake SkyTrain station
Provincial law requires the city to allow at least 4.0 FAR and 12 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~636 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~350 m straight-line to Sperling — Burnaby Lake SkyTrain
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
$1,569,900
Montecito
MLS® R3175371 · Listed by Macdonald Realty Westmar
Building permit history is currently available for City of Vancouver properties only.
