Burnaby Lake Homes For Sale 🏘️ Condos & Apartments

Burnaby Lake Homes For Sale

Burnaby Lake is a host to a large variety of homes ranging from detached homes, townhouses and apartments located just off of Highway 1 and relatively central in Burnaby.

The Burnaby Lake area is within close proximity to Deer Lake Park, Burnaby City Hall, and many of Burnaby's recreational areas. Burnaby Lake is mainly a residential neighbourhood that is primarily composed of single-family detached houses with select townhouses and very few condos.

Listing Details

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7763 Edmonds Street - MLS® # R3149066

Property Details

List Price

3365000

Living Area

0 sqft.

Bedrooms

N/A

Bathrooms

N/A

Lot Size Area

8000.0 sqft

Taxes

29328.52

Type

Land

Style

N/A

Basement

Year Built

N/A

Description

Prime mixed use development opportunity at 7763 and 7767 Edmonds Street, Burnaby. Both properties must be purchased together and are offered at a combined asking price of $10,999,000. The property has received 2nd Reading from the City of Burnaby for a proposed 6 storey mixed use development with an approximate 2.2 FAR and a buildable area of 59,335 sq. ft. The current proposal includes 61 residential units, including 12 townhomes, plus 3 commercial units. Existing rental income from four tenants totals approximately $26,941 per month, with an annual gross rental income of approximately $323,292. The City has also indicated that a new application may be submitted to explore an expanded 6 storey development at the rear of the site, potentially increasing the project to approximately 75 unit

Listing Provided By

eXp Realty

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