About This Property
Transit-Oriented Zoning Designation ! (TOA)With Permitted density: Up to 6 dwelling units on this property. A rare opportunity in Burnaby´s Highgate neighborhood! This 2-storey home offers 2,900+ sqft of living space on a generous 7,400 sqft lot. With 9 bedrooms and 4 bathrooms, it generates $9,850/month in rental income. Features include a hardwood and tile flooring, 2 laundries, 4 zone hot water radiant heat, 2 hot water tanks and a functional layout for both family living and investment. 2 car garage with lots of parking out front. Centrally located, steps to schools, parks, transit, and a quick ride to BCIT, Metrotown, Deer Lake, and Highway 1 with access to Vancouver, Surrey, and Coquitlam. An excellent investment or family home! (id:64973)
At $575 per square foot, this property is priced competitively for the Burnaby market, where the average price per square foot is $650. The property's exceptional rental income potential of $9,850 per month makes it an attractive investment opportunity for investors seeking a high-yield, multi-unit asset in the desirable Highgate neighborhood.
Property Details
Location
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