Call Your Developers Today! The City of Burnaby has given tentative approval to subdivide this property, located at the corner of Humphries and 18th Ave, into two legal lots. As of July 1, 2024, new zoning regulations in British Columbia will support small-scale, multi-unit housing. This prime property is within two blocks of the Edmonds bus stops, potentially qualifying for increased density under the new transit-oriented development guidelines, allowing up to six units per lot. This strategic location offers convenient access to public transit, making it an excellent opportunity for higher-density residential development. Don’t miss out on this unique opportunity to capitalize on the upcoming zoning changes and maximize the potential of this valuable corner lot!
Address
7386 HUMPHRIES AVENUE
List Price
$2,650,000
Property Type
Land Only
Type of Dwelling
Vacant Land
Area
Burnaby East
Sub-Area
Edmonds BE
Lot Size
7458 Sq. Ft.
MLS® Number
R2894112
Listing Brokerage
RE/MAX Crest Realty
Postal Code
V3N 3E5
Zoning
R1
Tax Amount
$7,209.00
Tax Year
2024
Site Influences
Central Location, Recreation Nearby, Shopping Nearby