Hot new asking price, $900,000 below assessed value! The new SSMUH multiplex designation allows you to build up to 6 towhomes, duplexes or rowhouses on this R1 zoned lot! At 35,600 sq ft, the lot has 286' of frontage on Royal Oak and 125' of frontage on Marine Drive. This is a quiet location south of Marine Drive where Royal Oak terminates. The lot is so huge, each home could have its own huge 2,000 sq ft garden. If you are looking to innovate - call now. There are no other development opportunities in Burnaby or Vancouver like this unique offering. RS-1 zone is 25,000 SF and A3 zone is 10,500 SF of garden area. All lots in this area are split zoned. Cannot build on the A3.
Address
5244 MARINE DRIVE
List Price
$2,999,000
Property Type
Land Only
Type of Dwelling
Vacant Land
Area
Burnaby South
Sub-Area
Big Bend
Lot Size
35750 Sq. Ft.
MLS® Number
R2936314
Listing Brokerage
Dexter Realty
Postal Code
V5J 3G8
Zoning
R1
Tax Amount
$12,091.00
Tax Year
2023
Site Influences
Golf Course Nearby, Private Setting, Recreation Nearby