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$ 58,000,000
Est. payment | /mo
86,250 SqFt
$ 58,000,000
Est. payment | /mo
86,250 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 86,250 sqft
Price per Sqft $672
Subdivision Forest Glen Bs
MLS Listing ID C8062687
Year Built 1991
Annual Tax Amount $87,187
Tax Year 2024
Property Description
This exceptional 46-unit 2 BR stratified building with underground parking sits on a ±1.26-acre corner site, primed for redevelopment with stunning, unobstructed mountain views. Located at Sanders & Nelson Street, it is adjacent to Marlborough Park West and just minutes from BC''s largest mall, Metrotown, with 450+ stores and services. Steps from Metrotown Skytrain Station on the Expo Line, connecting Vancouver to Surrey and beyond. This site is designated RM-5 under the Metrotown Downtown Plan, allowing high-density residential buildings with ground-oriented units up to 5.9 FSR. Featuring approx. 395 ft frontage & 140 ft depth, it offers significant development potential. An ideal income-generating property while planning its future multifamily development. Don’t miss this rare chance to develop in Burnaby’s urban core. Inquire today for full details.
Location
Province BC
Community Forest Glen Bs
Area Burnaby South
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Land Commercial,Multi-Family Commercial
Water Municipal
Structure Type Wood Frame,Mixed
Listed by RE/MAX Real Estate Services
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