About This Property
Builder & Investor Alert! Prime opportunity at 9909 Lyndhurst Street, Burnaby. This rare 11,479 sq.ft. lot with 78´ frontage sits within the R1 SSMUH zoning, allowing for multiple development options. Potential to build up to 4 detached homes (3,000sf for front units, 2,300sf back units, 1,145sf floor plates.), hold for rental (8-beds at $5,000+ per month), or hold for future growth. Located within a Tier 3 Transit-Oriented Area (TOA), offering strong assembly and low/mid-rise condo development potential. A strategic asset for builders and investors seeking flexibility and long-term upside. Close to schools, parks, transit, and Lougheed amenities. Endless possibilities-build, hold, or assemble! (id:64973)
The $756 per square foot price tag for this Burnaby property is reasonable compared to the city's average single-family home price of $1.6 million. With its prime location, 11,479 square-foot lot, and development potential, this property presents an attractive opportunity for builders and investors seeking to capitalize on Burnaby's growing transit-oriented areas.
Property Details
Location
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