About This Property
Prime development opportunity in a Transit-Oriented Area. This 10,382 SF lot can be combined with 7158 Cardinal Court (R3081774), 7129 Cardinal Court (R2974426), and 7148 Cardinal Drive (R3096479) to create a total development site of over 43,200 SF (nearly one acre). The property is designated under Tier 3, allowing for an 8-story building with a Floor Area Ratio (FAR) of 3.0. This mostly flat lot is located on a quiet cul-de-sac at the edge of the Transit-Oriented Development Areas and offers potentially excellent views of Burnaby Lake upon redevelopment. Please do not walk on the property. For more details or to inquire further, please contact me or your realtor. (id:64973)
The property at 3345 Cardinal Drive in Burnaby is offered at $2,519 per square foot, which is significantly higher than the Burnaby average of $1,300 per square foot, suggesting this is an overpriced development opportunity. This sizable lot with potential for an 8-story building is best suited for experienced developers seeking to capitalize on the area's transit-oriented zoning and high-density allowances.
Video Tour
Property Details
Location
Interested in buying in Burnaby?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
Burnaby Realtor · Best Realtor in White Rock · Top South Surrey Agent
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.