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Allyson Sutton

info@allysonsutton.com +1(604) 932-7609

Listed by eXp Realty

$ 3,365,000

Est. payment | -/mo

8,000 Sqft Lot

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$ 3,365,000

Est. payment | -/mo

Save

8,000 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID R3149066

HOA Y/N Yes

Annual Tax Amount $29,328

Lot Size 8,000 Sqft

Property Description

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 $10,999,000. 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 unit

Location

Province BC

Community Burnaby Lake

Area Burnaby South

Zoning C4

Exterior

Community Features Near Shopping

Utilities Available Sanitary Sewer Available, Storm Sewer Nearby, Electricity Available, Natural Gas Nearby, Phone Nearby, Cable Available

View Y/N No

Exposure South

Garage No

Building

Lot Description Central Location, Recreation Nearby

Water Public

Locker No

Others

Ownership Freehold Strata

REBGV/FVREB/Chilliwack (Residential IDX)

NEARBY PROPERTIES

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 932-7609

info@allysonsutton.com

338B 4370 Lorimer Road, Whistler, BC, V8E 0G8, CAN

7763 Edmonds ST Burnaby, BC V3N 1B9

Allyson Sutton

Key Details

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Exterior

Building

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7763 Edmonds ST