Property
Type, style and structure
- Type
- land
- Style
- vacant land / Vacant Land
- Ownership
- Condo/Strata
- Year Built
- 1960





Burnaby, British Columbia, V3N1B9
Property Snapshot
MLS #C8080371
Type, style and structure
Land, frontage and setting
Price, taxes and monthly charges
This vacant land in Burnaby offers a 18,037 sqft lot. Built in 1960. The property has lot dimensions of 18037.
Prime mixed use development opportunity at 7763 and 7767 Edmonds Street, Burnaby. Both properties must be purchased together and are offered at a combined asking price of $9,999,000. The property has received 2nd Reading from the City of Burnaby for a proposed 6 storey mixed use development with an approximate 2.2 FAR and a buildable area of 59,335 sq. ft. The current proposal includes 61 residential units, including 12 townhomes, plus 3 commercial units. Existing rental income from four tenants totals approximately $26,941 per month, with an annual gross rental income of approximately $323,292. The City has also indicated that a new application may be submitted to explore an expanded 6 storey development at the rear of the site, potentially increasing the project to approximately 75 units. Buyers should verify all development potential with the City of Burnaby as part of their own due diligence. Do not disturb or approach the tenants. Contact the listing Realtor for the complete marketing package. (id:60351)
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Listed by Helen Vallee, eXp Realty
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Listed by Helen Vallee, eXp Realty · MLS# C8080371
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