420 Delta Avenue

$3,080,000 |   MLS® Number  C8069986

Commercial Land for sale in Capitol Hill BN, Burnaby, Burnaby North, 420 Delta Avenue, 224975055 | Realtylink.org

Commercial Land for sale

Year Built
1947
Lot Size
9,461 sqft
Gross Property Tax
$8,008.40 /year
Building Type
Freestanding
Zoning
RM3
Subject Property Width
80 ft
Subject Property Depth
121 ft
Permitted Land Use
Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
81

An opportunity to purchase a boutique low-rise residential development site adjacent to the Burnaby Heights neighbourhood for redevelopment of up to 6 storeys with the upcoming adoption of the Burnaby 2050 OCP in late 2025. The property is situated on the southeast corner of Delta Avenue and Hastings Street, which provides convenient access to Downtown Vancouver, Brentwood Town Centre, Simon Fraser University and Highway 1. The property, with a lot size of 9,461 SF, is also a block east of Burnaby Heights, a dynamic retail corridor known for its diverse commercial district, friendly merchant culture, and a vibrant community atmosphere. The area is popular with students, families, and young professionals, supporting a strong demand for more housing. The property is improved with a duplex circa 1947 with 4 rental units. Each rental unit has its own washer and dryers and generate a stable rental income.