5 bed
3 bath
2,619 sqft
Single Family Residence
Built in 1970
8,712 sqft lot
6 parking
Freehold NonStrata
R4 zone
Public remarks
Prime development potential meets rental opportunity in this expansive 8,776 sqft property in Upper Deer Lake. With 5 bedrooms and 3 bathrooms, this home offers ample space for both comfortable living and investment. The large lot, featuring a laneway, provides a unique opportunity for future development, including the potential to add a laneway house for extra income. Currently generating $9,000 per month in rental income, this property is located in a highly sought-after neighborhood, promising both immediate appeal and significant long-term value growth. A rare find for investors and homebuyers alike!
Private remarks
PRIVACY ~ DO NOT SOLICIT. Rental Income is $9,000 per month now!! Please be aware that all house measurements & square footage are taken from BC assessment, and are approximate & should be verified by the buyer(s) or buyer(s)'s agent if deemed important. The owner is a real estate agent. Listing listed with a team, team disclosure required with all offers.
Buyer agency compensation
3.22% on 1st $100,000; 1.15% on bal
$2,198,000 ($839/sqft)
Active
Listed
01/30/2025
Expiry date
Original price
Gross taxes (2023)
$6,147.18
Property transfer tax
$43,940.00
Last Updated: 02/10/2025 05:24 PM
Courtesy of LeHomes Realty Premier
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
5854 Burns Place | R2962343 | 02/10/2025 05:24 PM | 01/30/2025 | Active | $2,198,000 | Login to view | Henry Wu PREC* | LeHomes Realty Premier |
5854 Burns Place | R2918805 | 01/01/2025 01:29 AM | 08/26/2024 | Expired | $1,998,000 | Login to view | LeHomes Realty Premier | |
5854 Burns Place | R2862901 | 06/25/2024 03:36 PM | 03/21/2024 | Terminated | $2,490,000 | Login to view | Pacific Evergreen Realty Ltd. |