
MLS® R3122483Team 3000 Realty Ltd.
Overview
DEVELOPER & INVESTOR OPPORTUNITY — Exceptional holding property in Burnaby’s rapidly evolving growth corridor.
Preliminary drawings available for 2 duplexes comprising 4 sellable units, with additional potential for future high-rise redevelopment under the OCP (buyer to verify with City). The existing 2-storey residence offers 7 bedrooms, over $150,000 in recent renovations, and strong holding income with quality tenants generating approx. $5,000/month. Situated on a flat, usable lot in a prime location near Lougheed Mall, SkyTrain, Walmart, parks, schools, and the future recreation centre. An outstanding opportunity to hold, build, rent, or assemble in a high-demand area with significant long-term upside.
These are estimates. We include Property Transfer Tax (PTT), legal, inspection, title and other closing costs; brand-new homes also add GST. The first-time-buyer figure applies the BC PTT exemption. Your real costs depend on the home, your lender and your lawyer. Run the closing costs and first-time buyer exemption calculators, and confirm with your mortgage broker and lawyer before you budget.
Courtesy of Surina Parmar - PREC · Team 3000 Realty Ltd.

Gallery
1 photo
The home

Layout
Build
Parking
Costs
Interior

The area
Walk the block, time the commute, scout the coffee shop you'll stop at every morning.
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Inquire
We'll coordinate with Team 3000 Realty Ltd. on showings, paperwork, and what to ask for. Leave your name, email, and phone, we'll get back to you the same day.
Monthly payment
About $13,634/mo
5% down · 5.25% · 25-yr amortization.
Estimate only. Talk to a mortgage broker before relying on this.