$1,898,000
8915 Monroe Avenue, Burnaby, V3N 4E7
Listed by: Royal Pacific Realty (Kingsway) Ltd. · MLS®
6 Bedrooms 3 Bathrooms 2,621 sqft Built 1971 Residential
About This Property
Ideal for both owner-occupancy and investment, Great mountain view, now is tenanted for $4500/month, this two-storey detached home in Burnaby sits on a large lot measuring 7,722 sq. ft with 78 frontage.; the entire parcel features no slopes, Accommodating six bedrooms and three bathrooms, the property enjoys an outstanding location with superb everyday convenience: 2-minutes walk to the local elementary school and a 5-minute stroll to the secondary school, steps away from a community park within a mature, strip mall, secure and peaceful residential neighbourhood, only a 3-minutew drive to Lougheed Mall and 15 minutes to Metrotown. R1 zoning, excellent opportunity for development.
Draft CPS Offer
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Redevelopment Potential
Multiplex potential: on a ~717 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.
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.
