About This Property
Prime development opportunity in a Transit-Oriented Area. This 13,426 SF lot can be combined with 7158 Cardinal Court (R3081774), 7129 Cardinal Court (R2974426), 3345 Cardinal Drive (R3052176), and 54,712 SF (OVER AN ACRE) to create a total development site of 54,712 SF (OVER AN 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)
At $2,450 per square foot, this Burnaby property is priced significantly above the local median, suggesting strong development potential. Given the substantial lot size and transit-oriented zoning, this site would be well-suited for an experienced developer seeking to maximize the buildable area and capitalize on the favourable regulatory environment.
Property Details
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