SL 1-46 4951 SANDERS STREET Active

Burnaby,BC V5H 1S8

$ 58000000

- Bed

- Bath

86250 SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 86,250 sqft

Price per Sqft $672

Subdivision Forest Glen Bs

MLS Listing ID C8062687

Year Built 1991

Annual Tax Amount $87,187

Tax Year 2024

Property Description

This exceptional 46-unit 2 BR stratified building with underground parking sits on a ±1.26-acre corner site, primed for redevelopment with stunning, unobstructed mountain views. Located at Sanders & Nelson Street, it is adjacent to Marlborough Park West and just minutes from BC''s largest mall, Metrotown, with 450+ stores and services. Steps from Metrotown Skytrain Station on the Expo Line, connecting Vancouver to Surrey and beyond. This site is designated RM-5 under the Metrotown Downtown Plan, allowing high-density residential buildings with ground-oriented units up to 5.9 FSR. Featuring approx. 395 ft frontage & 140 ft depth, it offers significant development potential. An ideal income-generating property while planning its future multifamily development. Don’t miss this rare chance to develop in Burnaby’s urban core. Inquire today for full details.

Location

Province BC

Community Forest Glen Bs

Area Burnaby South

Zoning British Columbia Default Zone

Building

Dwelling Type Land Commercial,Multi-Family Commercial

Water Municipal

Structure Type Wood Frame,Mixed

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