3 bed
2 bath
3,059 sqft
Single Family Residence
Built in 1954
12,196 sqft lot
2 parking
2 fireplaces
Freehold NonStrata
R1 zone
Public remarks
Very rare CORNER 12000 SF lot in the Desired South Slope of Burnaby; central location close to all amenities! This incredible INVESTMENT/BUILD opportunity comes with a rentable house which currently brings in 5k monthly. DEVELOPMENT OPPORTUNITY- BUILDERS and INVESTORS take advantage of the already subdivided parcels, 6000 SF each with 6 units allowed on each lot. With the new Small-scale, multi-unit housing program take advantage of this rare lot size and location to potentially BUILD 12 UNITS total. This is a RARE OFFERING in a prime location of Burnaby. Information package available upon request.
Private remarks
Being sold for land value, property as is where is. 2 legal lots already, no need for subdivision. 6 units buildable on each lot for a total of 12 units maximum. Measurements done by the listing agent and lot dimensions taken from the topographic survey, to be verified if deemed important.
Buyer agency compensation
3.255% on the first $100,000 and 1.1625% on the balance
$2,999,000 ($980/sqft)
Active
Listed
01/23/2025
Expiry date
Original price
Gross taxes (2024)
$8,150.14
Property transfer tax
$67,970.00
Last Updated: 01/24/2025 10:56 AM
Courtesy of RE/MAX Select Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 8515 Royal Oak Avenue | R2959454 | 01/24/2025 10:56 AM | 01/23/2025 | Active | $2,999,000 | Login to view | Karan Ranauta | RE/MAX Select Realty |
| 8515 Royal Oak Avenue | R2822296 | 04/06/2024 04:09 AM | 10/04/2023 | Expired | $2,838,000 | Login to view | Oakwyn Realty Encore |
