4505 Marine Drive
Burnaby South, South Slope, BC V5J 3G1
2 bed
1 bath
1,268 sqft
Single Family Residence
Built in 1952
13,532 sqft lot
5 parking
Freehold NonStrata
R1 zone
Public remarks
BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. The new R1 designation will allow your client to build anywhere up to 12 dwelling units on this property if subdivided, or up to 6 dwelling units as is, or anywhere in between if your client wishes to build for themselves with the bonus of added rental revenue from additional units! There is also the potential for a land assembly of additional properties for serious inquiries, and, the City of Burnaby has allowed for a delayed payment process for DCC’s and CAC’s.
South Slope Neighbourhood
4505 Marine Drive Details
Contract
Site
Building
Exterior
Interior
4505 Marine Drive History
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 4505 Marine Drive | R3092640 | 07/16/2026 09:00 AM | 02/23/2026 | Active | $1,950,000 | Login to view | Mike Skender | Sutton Centre Realty |