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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: 33)
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
Listed by RE/MAX Real Estate Services and RE/MAX Westcoast
Data was last updated May 18, 2024 at 03:10 AM (UTC)
Daniel Yu Personal Real Estate Corporation
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