Rare R5 zoning investor alert! This gem of a property type is rarely listed and has major redevelopment potential. R5 District allows a two-family dwelling on lots with a minimum width of 60ft and minimum lot area of 7200 sqf. City is reviewing potential of adding 2 additional secondary suites (basement suites) hopefully in 2023. Buyers are responsible to verify all info and requirements with the City of Burnaby. This 3 bedroom, 1 bathroom home is perfectly located in a quiet neighbourhood and within walking distance to Burnaby South Secondary School, Nelson Elementary School, Clinton Elementary School, Lewarne Park, Royal Oak Skytrain Station, and Byrne Creek Ravine Park. Home is being sold in "As Is Where Is" Condition.
| Address |
5829 NEVILLE STREET |
| List Price |
$2,285,000 |
| Property Type |
Residential Detached |
| Type of Dwelling |
House/Single Family |
| Style of Home |
Rancher/Bungalow w/Bsmt. |
| Area |
Burnaby South |
| Sub-Area |
South Slope |
| Bedrooms |
3 |
| Bathrooms |
1 |
| Floor Area |
1,994 Sq. Ft. |
| Lot Size |
7304 Sq. Ft. |
| Year Built |
1952 |
| MLS® Number |
R2689499 |
| Listing Brokerage |
88West Realty
|
| Basement Area |
Partly Finished |
| Postal Code |
V5J 2J3 |
| Zoning |
R5 |
| Tax Amount |
$6,294 |
| Tax Year |
2022 |
| Site Influences |
Central Location, Lane Access, Private Yard, Shopping Nearby |
| Features |
ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Security System, Storage Shed |
