House/Single Family For Sale in South Slope, Burnaby South

  • 3 Beds
  • 1 Baths
  • 1,994 Sq. Ft.
  • Built 1952
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.
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