3 bed
2 bath
2,351 sqft
Single Family Residence
Built in 1953
4 parking
1 fireplace
Freehold NonStrata
Public remarks
Land Assembly! Prime Development Opportunity in Brentwood, Burnaby – Four Homes on an Expansive Lot. A rare and exceptional opportunity to secure a high-potential development site in the heart of Burnaby’s desirable Brentwood neighborhood! This expansive 200’ x 122’ lot (approx. 24,600 sq. ft.) currently features four well-maintained homes, offering strong holding income while planning for future redevelopment. Zoning potential for up to 12 storeys (to be confirmed with the City of Burnaby), this property is ideal for developers looking to capitalize on Brentwood’s rapid transformation into a vibrant urban hub.Steps to major bus routes, SkyTrain, and easy access to Hwy 1, moments away from Brentwood mall and close to reputable schools, parks and future community centres
Private remarks
Part of a 4 lot Land Assembly. Buyer to verify measurements. Buyer to verify with the City of Burnaby on mid-rise zoning according to bill 44 and bill 47. Buyer to verify restrictive covenant - Statutory building scheme on title.
Buyer agency compensation
1%
$4,000,000 ($1,701/sqft)
Active
Listed
02/15/2025
Expiry date
Original price
Gross taxes (2024)
$5,985.00
Property transfer tax
$118,000.00
Last Updated: 03/02/2025 10:21 PM
Courtesy of Royal Pacific Realty (Kingsway) Ltd.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
4732 Brentlawn Drive | R2968420 | 03/02/2025 10:21 PM | 02/15/2025 | Active | $4,000,000 | Login to view | Rishi Dhir | Royal Pacific Realty (Kingsway) Ltd. |