4 bed
2 bath
1,762 sqft
Single Family Residence
Built in 1962
10,454 sqft lot
2 fireplaces
Freehold NonStrata
R1 zone
Public remarks
**BUILDER'S ALERT! Opportunity to Construct 4 Detached Houses!** This property is being sold "as is, where is." The premises features a 172 ft frontage and sits on a generous 10,348 sq. ft. lot, capable of accommodating a maximum of 6 SSMUH units within 400 meters of FTNA. The seller has engaged a well-known architect to draft plans for the construction of 4 detached houses, which are expected to yield an attractive selling price upon completion. With a beautiful south-facing view of the lower mainland, this property offers significant opportunities. We recommend consulting your contractor and the City of Burnaby's Planning Department for more information. The location is central, with convenient access to Metrotown, Riverway Golf Course, supermarkets, and a community center.
Private remarks
Measurements taken from BC Assessment & lot size from the City of Burnaby map; buyers should verify all details if deemed important. Sold "as is, where is." Please do not walk the lot without an appointment. The Premises is currently renting to two tenants; the total rent is $5491. The seller has a draft plan to build four detached homes and is willing to provide this plan for free. Offers will be accepted on a first-come, first-serve basis. Please send your offers to [email protected].
Buyer agency compensation
3.2% of the first $100,000 and 1.15% of the remaining balance
$1,798,000 ($1,020/sqft)
Active
Listed
01/28/2025
Expiry date
Original price
Gross taxes (2024)
$4,477.21
Property transfer tax
$33,960.00
Last Updated: 01/29/2025 11:18 PM
Courtesy of RE/MAX Real Estate Services
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
4871 Marine Drive | R2960860 | 01/29/2025 11:18 PM | 01/28/2025 | Active | $1,798,000 | Login to view | Maureen Yeung | RE/MAX Real Estate Services |
4871 Marine Drive | R2764967 | 10/15/2023 11:49 PM | 04/03/2023 | Closed | $1,325,000 | Login to view | Nu Stream Realty Inc. |