Prime Development Opportunity in East Burnaby! City of Burnaby pre-engineering approval is secured for a six-unit development on this 66 x 113 ft. corner lot, just two blocks from Edmonds Street and minutes from Edmonds SkyTrain Station. Originally the property was approved for a two-lot subdivision but with new zoning they have advanced the project staying as 1 lot and 6 units with approved building plans just 4 months away. As a bonus, a rentable three-level character home currently occupies the property, offering immediate rental income for those looking to hold and invest. Located in a vibrant, family-friendly neighborhood, this property is within walking distance of elementary and secondary schools, as well as the Highgate Shopping Centre for all your daily essentials.
Data was last updated April 10, 2025 at 08:40 AM (UTC)
Area Statistics
Listings on market:
137
Avg list price:
$819,000
Min list price:
$398,000
Max list price:
$2,988,000
Avg days on market:
37
Min days on market:
1
Max days on market:
2,513
Avg price per sq.ft.:
$967.23
These statistics are generated based on the current listing's property type
and located in
Edmonds BE. Average values are
derived using median calculations.
