4 bed
2 bath
1,762 sqft
Single Family Residence
Built in 1962
10,348 sqft lot
2 parking
2 fireplaces
Freehold NonStrata
R1 zone
Public remarks
*Exciting Opportunity for Builders and Developers!* This prime property boasts an impressive 172 ft frontage on a spacious 10,348 SF lot. The seller has enlisted a renowned architect to design plans for the development of four detached homes, promising attractive returns upon completion. Enjoy stunning south-facing views of the lower mainland, making this location truly advantageous. The interior features a bright 2-bedroom mortgage helper below, alongside a 2-bedroom primary residence above, complete with an open kitchen that flows into a fantastic sundeck. Centrally located, this property provides easy access to Metrotown, Riverway Golf Course, supermarkets, and a community center. Don’t miss out on this remarkable opportunity!
Private remarks
Measurements taken from BC Assessment & lot size from the City of Burnaby map; buyers should verify all details if deemed important. Please do not walk the lot without an appointment. The Premises is currently renting to 2 tenants; the total rent is $5491. The seller has a draft plan to build 4 detached homes and is willing to provide this plan for free.
Buyer agency compensation
3.1% on the first $100,000 and 1.1% on the balance
$1,750,000 ($993/sqft)
Active
Listed
05/05/2025
Expiry date
Original price
Gross taxes (2024)
$4,477.21
Property transfer tax
$33,000.00
Last Updated: 05/08/2025 09:34 AM
Courtesy of eXp Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 4871 Marine Drive | R2999543 | 05/08/2025 09:34 AM | 05/05/2025 | Active | $1,750,000 | Login to view | Eric Vallee PREC* | eXp Realty |
| 4871 Marine Drive | R2960860 | 04/11/2025 11:05 AM | 01/28/2025 | Terminated | $1,798,000 | Login to view | RE/MAX Real Estate Services |