5395 Georgia St, Burnaby, BC V5B 1V3

$2,338,888
8
BD
4
BA
2,414
SqFt

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List Price
$2,338,888
Status
ACTIVE
MLS® #
R3149527
Year Built
1963
Subtype
Single Family Residence
Stories
2
Bedrooms
8
Total baths
4
Living Area
2,414
Area
Burnaby North
Community
Capitol Hill BN

Property Description

Opportunity knocks! This property offers far more than just a place to live. Set on an 8,052 sq. ft. corner lot with stunning South views. It’s zoned R1 Small-Scale Multi-Unit Housing and sits within a Frequent Transit Network Area, allowing up to six homes on one lot. You could live in one, rent the others, create space for extended family, or renovate the current home while benefiting from exceptional long-term land value. Extremely desirable for future development this corner a lot with a lane on relatively flat lot that provides great light, access, and design flexibility. A smart lifestyle purchase with built-in upside. Steps to Shops and transit. The house has 8 bedrooms and provides great cashflow while getting your permits in order. Don't miss out, call for more information.

Additional Information

Lot Size
8,052
Amenities
Near Shopping
Site Influences
Golf, Lane Access, Recreation Nearby
Levels
Two
Acres
0.18
Region
Burnaby North
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.