About This Property
SSMUH - Rare Dual Street Exposure in Burnaby. 51.5 ft x 119.5 ft lot (6,154 sq ft) designated Small-Scale Multi-Unit Housing - permitting up to 6 units per lot (buyer to verify with City of Burnaby). Exceptionally rare opportunity with 18th Avenue frontage and 19th Avenue at the rear, plus side lane access - ideal for redevelopment flexibility, access planning, and potential multi-entry design. Currently a livable 2-bedroom home and unfinished basement, offering holding income while you plan your project. Perfect for Developers, Investors First-time buyers looking to secure land value, multi-generational housing concepts. Lots with street access front and back in Burnaby are extremely limited, this configuration opens up significant design potential. Call today to explore the possibilities. *Note video & photos are virtually staged* (id:64973)
The $702 per square foot price tag for this 1990-square-foot property in Burnaby is slightly above the city's median, but the rare dual-street exposure and potential for up to six units make it a compelling redevelopment opportunity. Savvy investors seeking a flexible multi-unit project will find this listing particularly attractive, with the unfinished basement and holding income from the current 2-bedroom home offering a strong value proposition.
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.