House for sale
7843 Wedgewood Street, Burnaby Lake, Burnaby
$3,798,000
Features
Style
Two Storey
Year Built
1955
Floor Area
2,131 sqft
Lot Size
10,350 sqft
Lot Frontage
50 ft
Interior Features
Guest Suite, Storage
Laundry Features
In Unit
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Exterior Features
No Outdoor Area
Other Structures
Workshop Attached, Shed(s)
Community
Shopping Nearby
Parking Features
Other, Front Access, Asphalt
Parking Spaces
4
Property Taxes
$6,152 (2025)
Description
A rare combination of holding income, future self re-development (6 units), or land assembly w 2 more lots into 4 storey building. Estimated rental income appr. $7,500/m. Once “in a lifetime opportunity. Be prepared for the future “. “4 -storey apartment zoning lots in new OCP”. Builders can also split one lot into 3 sml lots. Located in a rapidly growing area with excellent amenities, transit access, and strong future potential. The house was Recently done in stages into a very new offering with one legal 2 bed suite - can be 3 bed, or 2 more bd income generating accommodation. Reno was done w great workmanship. With 2 bedroom/2 bath up, Shed in backyard is yet another potential waiting for ideas. 3 full sets laundry machines.
MLS® Number R3082120
Price History
| Date | Status | Price |
|---|---|---|
| Mar, 08, 2023 | Sold | $1,535,000 |
| Oct, 06, 2021 | Sold | $1,385,000 |
| Apr, 14, 2016 | Sold | $1,225,000 |