Lot for sale
7386 Humphries Avenue, Edmonds BE, Burnaby
$2,650,000
Features
Lot Size
7,458 sqft
Lot Frontage
66 ft
Title to Land
Freehold NonStrata
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Property Taxes
$7,209 (2024)
Description
Call Your Developers Today! The City of Burnaby has given tentative approval to subdivide this property, located at the corner of Humphries and 18th Ave, into two legal lots. As of July 1, 2024, new zoning regulations in British Columbia will support small-scale, multi-unit housing. This prime property is within two blocks of the Edmonds bus stops, potentially qualifying for increased density under the new transit-oriented development guidelines, allowing up to six units per lot. This strategic location offers convenient access to public transit, making it an excellent opportunity for higher-density residential development. Don’t miss out on this unique opportunity to capitalize on the upcoming zoning changes and maximize the potential of this valuable corner lot!
MLS® Number R2894112