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SL 1-46 4951 SANDERS STREET, Burnaby

MLS® #C8071997
About this Property

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)

Property Information

Status

Active

Property Type

Vacant Land

Annual Tax

$95,397

Tax Year

2025

Data Source

Greater Vancouver REALTORS®

Interior Details

Living Area

86250 square feet

Exterior & Lot

Lot Size

54820.0 sqft

Lot Features

Passenger elevator
Building & Utilities

Utilities

Water

Security

Alarm system

$58,000,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
86250sqft
Listing Courtesy of

Office

RE/MAX Real Estate Services

Mortgage Calculator
$11,600,000

Loan Amount:

$46,400,000

Estimated Monthly Payment:

$226,115

This is an estimate for informational purposes only. Consult with a financial advisor.