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SL 1-46 4951 SANDERS Street
Forest Glen BS Burnaby V5H 1S8

$58,000,000
Land Commercial, Multi-Family Commercial

Main Photo: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South) : MLS®# C8053979
Photo 1: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South) : MLS®# C8053979
Photo 2: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South) : MLS®# C8053979
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8053979
Build. Type:
Multiple Tenant/Multi-Plex (5+)
This property features a 46-unit stratified building on a generous ±1.26-acre corner site adjacent to Marlborough Park West primed for redevelopment with scenic unobstructed mountain views. Positioned at Sanders & Nelson Street, it borders the Metrotown Downtown Plan, yet is minutes from BC's largest mall with 450+ stores & services. The Metrotown Skytrain Station, part of the Expo Line, connects Vancouver to Surrey and more. Abundant parks offer leisure for Metrotown residents. The building contains 46 2-bedroom stratified units with underground parking. The Metrotown Downtown Plan designates this site as RM-5, allowing high density fully residential buildings with ground-oriented units. This site is approx. 395 ft in frontage with 140 ft depth. Hold for income while then develop in Burnaby's urban centre. Inquire for the full details and its potential.
Sale Type:
Asset
Construction:
Mixed
Building Type:
Multiple Tenant/Multi-Plex (5+)
# Other Units:
46
# of 2 Bedroom Appartments:
46
Year built:
1991 (Age: 32)
Total Floor Area:
1.98 acre(s)
Lot Area:
1.26 acre(s)
Acres Freehold:
0 sq. ft.
Lot Depth:
139.04
Lot Frontage:
394'7"
Land Use/Zoning:
CD
Permitted Use:
Multifamily (5+)
Taxes:
$82,896.34 / 2022
Balconies, Elevator Passenger, Secured Building, Visitor Parking
Services Connected:
Fully Serviced
Water Supply:
Municipal
HVAC:
Mixed
Roof:
Other
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Condo Fee:
$1
Original Price:
$58,000,000
  • Photo 1: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South) : MLS®# C8053979
    Photo 1 of 2
  • Photo 2: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South) : MLS®# C8053979
    Photo 2 of 2
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Listed by RE/MAX Real Estate Services and RE/MAX Westcoast
Data was last updated September 24, 2023 at 01:10 PM (UTC)
Daniel Yu Personal Real Estate Corporation
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
Copyright 2023 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Calgary Real Estate Board Cooperative Ltd., REALTORS® Association of Edmonton, Chilliwack & District Real Estate Board, BC Northern Real Estate Board and Kootenay Real Estate Board. All Rights Reserved.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.