Burnaby, BC V5A 3K9,8246 Burnlake DR
Burnaby, BC V5A 3K9,8246 Burnlake DR
Burnaby, BC V5A 3K9,8246 Burnlake DR
Burnaby, BC V5A 3K9,8246 Burnlake DR
Burnaby, BC V5A 3K9,8246 Burnlake DR
Burnaby, BC V5A 3K9,8246 Burnlake DR
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Listed by RE/MAX City Realty
$ 2,999,999
Est. payment | /mo

6 Beds

5 Baths

4,343 SqFt


Save
$ 2,999,999
Est. payment | /mo
Save

6 Beds

5 Baths

4,343 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,343 sqft

Price per Sqft $690

MLS Listing ID R3007412

Style 4 Level Split

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1978

Lot Size 0.420 Acres

Property Sub-Type Single Family Residence

Property Description

This prime 18,091 sqft development lot in Burnaby's Government Road neighborhood offers exceptional potential for multi-family or subdivision projects, currently zoned R1 with a 3.0 FAR density (54,273 sqft buildable). The property, assessed at $2,557,000 ($2,292,000 land, $265,000 improvements), is priced below future value, with a minimum land valuation of $8.1M+ (18,091 sqft x 3.0 FAR x $150/sqft). Options include an 8-storey apartment development, subdivision into 8 luxury homes (est. $1.8M–$2.2M+ each), or 4 smaller homes, with rental income of $6,500/month. Nearby schools include Seaforth Elementary and Burnaby Mountain Secondary, and the area scores 82/100 for transit. Includes survey plans—ideal for developers or investors awaiting rezoning. Priced at $2,999,999.Act now !

Location

Province BC

Community Government Road

Area Burnaby North

Zoning R1

Rooms

Kitchen 2

Interior

Heating Forced Air, Natural Gas

Flooring Hardwood, Laminate, Tile, Wall/Wall/Mixed

Fireplaces Number 2

Fireplaces Type Gas

Window Features Window Coverings

Appliance Washer/Dryer, Dishwasher, Refrigerator, Stove

Laundry In Unit

Exterior

Exterior Feature Garden, Balcony, Private Yard

Fence Fenced

Community Features Retirement Community, Shopping Nearby

Utilities Available Community, Electricity Connected, Natural Gas Connected

View Y/N Yes

View Mountains

Roof Type Other,Torch-On

Porch Patio, Deck

Total Parking Spaces 6

Garage No

Building

Lot Description Private, Recreation Nearby

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Ownership Freehold NonStrata

REBGV/FVREB/Chilliwack/BC Northern (Residential IDX)
agent-avatar

+1(604) 779-8961

clinton@clintoncalwell.com

305 15288 54A Ave, Surrey, BC, V3S 6T4, CAN

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