About this House in Sullivan Heights
DEVELOPER & INVESTOR OPPORTUNITY — Exceptional holding property in Burnaby’s rapidly evolving growth corridor. Preliminary drawings available for 2 duplexes comprising 4 sellable units, with additional potential for future high-rise redevelopment under the OCP (buyer to verify with City). The existing 2-storey residence offers 7 bedrooms, over $150,000 in recent renovations, and strong holding income with quality tenants generating approx. $5,000/month. Situated on a flat, usable lot in a prime location near Lougheed Mall, SkyTrain, Walmart, parks, schools, and the future recreation centre. An outstanding opportunity to hold, build, rent, or assemble in a high-demand area with significant long-term upside.
Listed by Team 3000 Realty Ltd..
Listing Details
- MLS®: R3122483
- Bedrooms: 7
- Bathrooms: 2
- Type: House
- Size: 2,399 sqft
- Lot Size: 6,910 sqft
- Frontage: 58.00 ft
- Full Baths: 2
- Half Baths: 0
- Taxes: $5696.83
- Basement: Full
- Storeys: 2 storeys
- Year Built: 1958
- Style: Split Entry
A Closer Look at the Location
Sullivan Heights, Burnaby North
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