Golden opportunity in the heart of Burnaby! This exceptional property offers unparalleled convenience and investment potential. Just a 2-minute stroll to Langley Market and bus stops, with schools, community centers, restaurants, and transit at your doorstep. Boasting a spacious 40x157 ft lot (6,280 sq ft) with back lane access, this property is primed for redevelopment. The new Small-Scale Multi-Unit Housing (SSMUH) zoning, effective July 2024, opens doors to tear down and rebuild up to 4 separate units with 3-4 levels, or add 2 extra units at the back. As Burnaby's zoning evolves, this property's value skyrockets. Whether you're a savvy investor, growing family, or visionary developer, this property holds the key to your real estate dreams.Buyers to verify current Burnaby zoning bylaw.
Address
7351 12TH AVENUE
List Price
$2,190,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Area
Burnaby East
Sub-Area
Edmonds BE
Bedrooms
7
Bathrooms
5
Floor Area
3,432 Sq. Ft.
Lot Size
6280 Sq. Ft.
Year Built
1993
MLS® Number
R2977207
Listing Brokerage
Royal Pacific Realty (Kingsway) Ltd.
Basement Area
Full
Postal Code
V3N 2J8
Zoning
RS1
Parking
Garage; Double
Parking Places (Total)
6
Tax Amount
$6,049.62
Tax Year
2024
Features
ClthWsh/Dryr/Frdg/Stve/DW
Heat Type
Hot Water