7240 16TH AVENUE

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$1,799,000
7240 16TH AVENUE
Burnaby, British Columbia V3N1N5
MLS® Number: R3023636
3Beds
1Baths
2,370Sq Ft
1918Year Built
Single FamilyType

About This Property

REDEVELOPMENT POTENTIAL. Either DUPLEX Or 4PLEX R1 Zone, under the new SSMUHD Residential Units, please check with the City of Burnaby. Large lot 66 x 115. Lot value, this house is in good condition and can be lived in or rented out while waiting for building permits. Large fenced southern exposed back garden. Walking distance to all levels of schools, parks, community centre, Highgate shops and skytrain. (id:64973)

Rose's Thoughts
Rose Marie Manno

The $759 per square foot price tag for this 1918 Burnaby home is on the higher end compared to the city's recent single-family home sales, suggesting the property is valued more for its redevelopment potential than its current condition. Given the large lot size, R1 zoning, and proximity to amenities, this listing presents an attractive opportunity for developers or savvy investors seeking to maximize the site's multi-unit residential capabilities.

Property Details

Bedrooms3
Bathrooms1
Living Area2,370 sq ft
Lot Size7590 (7,590 square feet)
Year Built1918
Property TypeSingle Family
HeatingForced air
AppliancesAll
Annual Taxes$6,670
CityBurnaby
Postal CodeV3N1N5
MLS® #R3023636

Location

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