SL 1-46 4951 SANDERS STREET, Burnaby
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. (id:62865)
Status
Active
Property Type
Vacant Land
Annual Tax
$95,397
Tax Year
2025
Data Source
Greater Vancouver REALTORS®
Living Area
86250 square feet
Lot Size
54820.0 sqft
Lot Features
Utilities
Security
$58,000,000
Office
RE/MAX Real Estate Services
Loan Amount:
$46,400,000
Estimated Monthly Payment:
$226,115
This is an estimate for informational purposes only. Consult with a financial advisor.
Similar Listings
$55,000,000
6669 TELFORD AVENUE
Burnaby
$5,810,000
7235 BAYVIEW DRIVE
Burnaby
Vacant Land
$5,800,000
7447 - 7453 14TH AVENUE
Burnaby
Vacant Land
$5,600,000
4711 RIDGELAWN DRIVE
Burnaby
Vacant Land