Commercial Land for sale
Sl 1-46 4951 Sanders Street, Forest Glen BS, Burnaby
$58,000,000
$58,000,000
Commercial Land for sale
Sl 1-46 4951 Sanders Street, Forest Glen BS, Burnaby
Features
Year Built
1991
Lot Size
54,821 sqft
Gross Property Tax
$82,896.34 /year
Building Type
Mul Tenant/MultiPlex (5+)
Zoning
CD
Subject Property Width
394.56 ft
Subject Property Depth
139.04 ft
Amenities
Balconies, Elevator Passenger, Secured Building, Visitor Parking
Permitted Land Use
Multifamily (5+)
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
This property features a 46-unit stratified building on a generous ±1.26-acre corner site adjacent to Marlborough Park West primed for redevelopment with scenic unobstructed mountain views. Positioned at Sanders & Nelson Street, it borders the Metrotown Downtown Plan, yet is minutes from BC's largest mall with 450+ stores & services. The Metrotown Skytrain Station, part of the Expo Line, connects Vancouver to Surrey and more. Abundant parks offer leisure for Metrotown residents. The building contains 46 2-bedroom stratified units with underground parking. The Metrotown Downtown Plan designates this site as RM-5, allowing high density fully residential buildings with ground-oriented units. This site is approx. 395 ft in frontage with 140 ft depth. Hold for income while then develop in Burnaby's urban centre. Inquire for the full details and its potential.
MLS® Number C8053979