About This Property
Land Assembly! Area ready for redevelopment! 4965 and 5017 Pioneer Avenue can be sold in conjunction with 4949 Pioneer Avenue. 3 lots totalling 23,424 sqft can be sold as a package. This property has double exposure. The draft Burnaby OCP 2050 designates these properties for lowrise 6 story apartment. Prime South Burnaby location close to Metrotown, BCIT, Highway 1,City Hall and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1.Great opportunity with a terrific upside. (id:64973)
At $1,124 per square foot, this Burnaby property is priced above the city's current average of $900 per square foot for single-family homes. However, the potential for redevelopment into a 6-story apartment complex makes this an attractive opportunity for real estate investors and developers seeking to capitalize on the city's ongoing densification plans.
Property Details
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