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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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$3,622,500
Bedrooms: | 4 |
Bathrooms: | 4 |
Listing Type: | House/Single Family |
Sqft | 3,051 |
Lot Size | 8,050 |
Built: | 1994 |
Price: | $3,622,500 |
Listed By: | eXp Realty |
MLS: | R2913438 |
Description
Prime Development Opportunity in Sperling-Burnaby Lake Station (City of Burnaby)! This strategically located property falls within Tier 3 of the Transit-Oriented Development (TOD) zoning, allowing for the construction of an 8-story building with a FAR of 3. Centrally situated with easy access to highways, shops, and Brentwood Town Centre, this site is ideal for a visionary developer. Don''t miss this chance to capitalize on Burnaby''s thriving real estate market and the growing demand for transit-oriented living.
Taxes (2023): $6,155.35
Amenities
Recreation Facilities
Shopping Nearby
Playground
Tennis Court(s)
Features
Washer
Dryer
Washer
Refrigerator
Cooktop
Oven