Commercial Land for sale
4949 Pioneer Avenue, Forest Glen BS, Burnaby
$2,900,000
Features
Year Built
1959
Lot Size
7,808 sqft
Gross Property Tax
$6,584.23 /year
Building Type
Freestanding
Zoning
R-1
# of Parking Spaces
5
Subject Property Width
64 ft
Subject Property Depth
122 ft
Amenities
Balconies, Secured Parking, Visitor Parking, Fenced Yard
Permitted Land Use
Multifamily (5+), Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
Land Assembly! Area ready for redevelopment! 3 lots, 4965,4949 and 5017 Pioneer Avenue totalling 23,424 sq ft sold as a package in conjunction with one another.The draft Burnaby OCP 2050 designates 6 story apartments for this assembly. Each lot currently is zoned for a 6 unit Multiplex. (potentially 18 units in total) Prime South Burnaby location close to Metrotown,BCIT,Highway 1, City Hall, 2 schools and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1,Lougheed Hwy and Kingsway.A great opportunity with a terrific upside!
MLS® Number C8070754