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. (id:4069)
| Address |
SL 1-46 4951 SANDERS STREET |
| List Price |
$58,000,000 |
| Property Type |
Vacant Land |
| Area |
British Columbia |
| Sub-Area |
Burnaby |
| Floor Area |
86,250 Sq. Ft. |
| Lot Size |
54820 Sq. Ft. |
| Year Built |
1991 |
| MLS® Number |
C8062687 |
| Listing Brokerage |
RE/MAX Real Estate Services
| RE/MAX Westcoast
|
| Postal Code |
V5H1S8 |
| Zoning |
CM RM3 |
| Features |
Passenger elevator |
