1 of 27 - 8246 Burnlake Drive, Burnaby, British Columbia

2 of 27 - 8246 Burnlake Drive, Burnaby, British Columbia

3 of 27 - 8246 Burnlake Drive, Burnaby, British Columbia

4 of 27 - 8246 Burnlake Drive, Burnaby, British Columbia

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8246 Burnlake Drive, Burnaby, British Columbia

$2,999,999

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Beds

Baths

4,343

Square feet

0.42

Acres

Overview
Facts & Features
Map & Directions

About 8246 Burnlake Drive

This prime 18,091 sqft development lot in Burnaby´s Government Road neighborhood offers exceptional potential for multi-family or subdivision projects, currently zoned R1 with a 3.0 FAR density (54,273 sqft buildable). The property, assessed at $2,557,000 ($2,292,000 land, $265,000 improvements), is priced below future value, with a minimum land valuation of $8.1M+ (18,091 sqft x 3.0 FAR x $150/sqft). Options include an 8-storey apartment development, subdivision into 8 luxury homes (est. $1.8M-$2.2M+ each), or 4 smaller homes, with rental income of $6,500/month. Nearby schools include Seaforth Elementary and Burnaby Mountain Secondary, and the area scores 82/100 for transit. Includes survey plans-ideal for developers or investors awaiting rezoning. Priced at $2,999,999.Act now ! (id:36535)

Features of 8246 Burnlake Drive

Listing #	R3007412
Price	$2,999,999
Bedrooms	6
Bathrooms	5.00
Square Footage	4,343
Acres	0.42
Year Built	1978
Type	Single Family
Sub-Type	Freehold
Style	4 Level

Community Information

Address	8246 Burnlake Drive
City	Burnaby
Province	British Columbia
Postal Code	V5A3K9

Amenities

Amenities	Recreation, Shopping, Laundry - In Suite
Features	Private setting
Parking Spaces	6
Parking	RV
View	View
Is Waterfront	No
Has Pool	No

Interior

Interior Features	Drapes/Window coverings
Appliances	All
Heating	Natural gas Forced air
Fireplace	Yes
# of Fireplaces	2
Has Basement	Yes
Basement Features	Unknown
Basement Type	Unknown (Finished)
Basement Development	Finished

Exterior

Exterior Features	Garden Area

Listing Details

Office	Courtesy Of Naomi Wang Of RE/MAX City Realty