25,951

MLS® Number R2338882

House For sale

$3,889,000 or

5070 Canada Way, Burnaby Lake, Burnaby

Features

13 rooms 4 bedrooms 2+0 bathrooms/half baths
262360509 3889000 /en/house~for-sale~burnaby-lake-burnaby/262360509?view=Summary /en/house~for-sale~burnaby-lake-burnaby/262360509/photos 49.2396879000 -122.9634873000 true
Style 2 Storey W/Bsmt.
Year Built 1924
Floor Area 2,565 sqft
Lot Size 22,022 sqft
Lot Frontage 119.02 ft
Parking Spaces 6
Property Taxes $6,870 (2018)

Description

INVESTORS ALERT! Located in the heart of Burnaby, just 3 blocks east of City Hall and steps away from Deer Lake. Rare 1/2 acre (22022sf) with 119' of road FRONTAGE. This property is zoned C2 (front portion, and R4 at the rear). The Commercial zoning allows a variety of uses from cafes, office buildings such as legal, accounting, dental etc.. Please refer to the C2 building guidelines. Excellent potential for townhouse development. Up to 39' height allowance. ( Buyer to verify with the City of Burnaby to their own satisfaction prior to entering into the contract of purchase and sale.) Check out the bonus character home for temporary live-in or for rental income.
Nick Parente

Nick Parente

Royal LePage Westside

Royal LePage Westside

Contact me

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3,889,000
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Estimated property transfer tax

1% of $200,000
2% of remaining value up to and including $2,000,000
3% of remaining portion over $2,000,000
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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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