6 bed
5 bath
3,432 sqft
Single Family Residence
Built in 1993
6,280 sqft lot
6 parking
2 fireplaces
Freehold NonStrata
RS1 zone
Public remarks
This 2 level home on ground level offers unparalleled convenience and investment potential. Just a 2-minute stroll to Langley Market and bus stops, with schools, community centers, restaurants, and transit at your doorstep. Boasting a spacious deep 40x157 ft lot (6,280 sq ft) with total 7 rooms (3up/4down), back lane access, this property is primed for redevelopment. The new Small-Scale Multi-Unit Housing (SSMUH) zoning, effective July 2024, opens doors to tear down and rebuild up to 4 separate units with 3-4 levels, or add 2 extra units at the back. As Burnaby's zoning evolves, this property's value skyrockets. Whether you're a savvy investor, growing family, or visionary developer, this property holds the key to your real estate dreams. Buyers to verify current Burnaby zoning bylaw.
Private remarks
Measurements taken from the floor-plan made by VAN3D photography inc. Buyer to verify if deemed important.
Buyer agency compensation
3.22% on the first $100,000 plus 1.15% on the balance
$1,990,000 ($579/sqft)
Active
Listed
04/10/2025
Expiry date
Original price
Gross taxes
$6,049.62
Property transfer tax
$37,800.00
Last Updated: 04/16/2025 01:26 PM
Courtesy of Royal Pacific Realty (Kingsway) Ltd.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
7351 12th Avenue | R2989582 | 04/16/2025 01:26 PM | 04/10/2025 | Active | $1,990,000 | Login to view | Frank Zhang | Royal Pacific Realty (Kingsway) Ltd. |
7351 12th Avenue | R2977207 | 04/11/2025 11:05 AM | 03/12/2025 | Terminated | $2,080,000 | Login to view | Royal Pacific Realty (Kingsway) Ltd. |