5507 Dorset Street
Burnaby South, Metrotown, BC V5J 1L6
Description
Exceptional development opportunity: 6,732 SF south-facing corner site in Burnaby’s Royal Oak Urban Village, one block from SkyTrain. Designated for *Medium Density Mixed-Use*, this site supports a mid-rise project featuring ground-floor retail and five levels of residential. Estimated buildable area of 25,000–28,000 SF allows for 22–28 units (1BR, 2BR, and 3BR mix) plus 2,000–2,500 SF of prime commercial space and underground parking. Ideal for developers seeking a high-exposure, transit-oriented project in a rapidly evolving hub. *Note: All images are artist renderings for conceptual purposes only. Final design and density subject to municipal approval. Buyer/Agent to independently verify all zoning and development specifications.*
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Details for 5507 Dorset Street
Contract
- Status
- Active
- MLS® Number
- R2997235
- List Price
- $2,999,000
- List Date
- 05/01/2025
- Expiry date
- 05/01/2027
Site
- Lot Size
- 6,561 sqft
- Lot Size
- 0.15 acres
- Frontage
- 64.12
- Direction
- South
- Ownership
- Freehold NonStrata
- Zoning
- M4
- Parcel Number
- 002563886
- Annual Taxes
- $5,216
- Tax Year
- 2024
- Legal Description
- Lot 13, PL NWP1384, DL 98
Exterior
- Lot Features
- Central Location, Lane Access, Private, Recreation Nearby
History for 5507 Dorset Street
| Status | Change | List price | Close price | DOM | Changed | MLS® | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| Active | First Recorded Entry | $2,999,000 | Login to view | 489 | 05/01/2025 04:17 PM | R2997235 | Login to view | eXp Realty |