Located in the heart of the blossoming Maywood neighbourhood, this property presents both reliable income today and exceptional redevelopment potential. Sitting on a 7,239 sq ft lot with RM3 zoning, the current building features 9 rental units.
The location is unmatched, boasting a Walk Score of 82, Transit Score of 86, and Bike Score of 82, ensuring convenience for tenants and strong long-term demand. Within minutes, residents enjoy direct access to:
-Metropolis at Metrotown Mall
-Metrotown Skytrain Station
-Bonsor Recreation Complex
-London Drugs & Shoppers Drug Mart
-Real Canadian Superstore & T&T Supermarket
-Coffee Shops, Restaurants & Central Park
This is a rare chance to secure a turnkey investment property with strong cash flow today and future development upside in one of Burnaby’s fastest-growing communities.
Price:
$3,999,900
Property Type:
Commercial
Status:
Active
PROPERTY ZONING:
RM3 Qualifies for up to 30-storeys ( under 2050 OCP)