5507 DORSET STREET, Burnaby
Exceptional development opportunity: 6,732 SF south-facing corner site in Burnaby´s Royal Oak Urban Village, one block from SkyTrain. Designated for *Medium Density Mixed-Use*, this site supports a mid-rise project featuring ground-floor retail and five levels of residential. Estimated buildable area of 25,000-28,000 SF allows for 22-28 units (1BR, 2BR, and 3BR mix) plus 2,000-2,500 SF of prime commercial space and underground parking. Ideal for developers seeking a high-exposure, transit-oriented project in a rapidly evolving hub. *Note: All images are artist renderings for conceptual purposes only. Final design and density subject to municipal approval. Buyer/Agent to independently verify all zoning and development specifications.* (id:62865)
Status
Active
Property Type
Vacant Land
Ownership
Freehold
Annual Tax
$5,216
Tax Year
2024
Parcel Number
002-563-886
Data Source
Greater Vancouver REALTORS®
Lot Size
6561.0 sqft
Frontage
64.0 feet
Lot Features
$2,999,000
Office
eXp Realty
Loan Amount:
$2,399,200
Estimated Monthly Payment:
$11,692
This is an estimate for informational purposes only. Consult with a financial advisor.
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