7763 Edmonds Street,Burnaby, BC V3N1B9
Burnaby, BC V3N1B9
Description
Prime mixed use development opportunity at 7763 and 7767 Edmonds Street, Burnaby. Both properties must be purchased together and are offered at a combined asking price of $9,999,000. The property has received 2nd Reading from the City of Burnaby for a proposed 6 storey mixed use development with an approximate 2.2 FAR and a buildable area of 59,335 sq. ft. The current proposal includes 61 residential units, including 12 townhomes, plus 3 commercial units. Existing rental income from four tenants totals approximately $26,941 per month, with an annual gross rental income of approximately $323,292. The City has also indicated that a new application may be submitted to explore an expanded 6 storey development at the rear of the site, potentially increasing the project to approximately 75 units. Buyers should verify all development potential with the City of Burnaby as part of their own due diligence. Do not disturb or approach the tenants. Contact the listing Realtor for the complete marketing package. (id:13843)
Details
| MLS # | C8080370 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1964 |
| Days On Site | 108 |
| Listing Provided By | eXp Realty | Helen Vallee |
Features
| SQ Feet | 8,000 |
|---|---|
| Zoning | C4 |
| Acreage | 0.18 |
Interior
| Fireplace Yes / No | No |
|---|
Utilities
| Utilities | Electricity |
|---|
Taxes
| Tax Annual Amount | 29328.52 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | BC |
|---|---|
| City | Burnaby |
| Postal Code | V3N1B9 |
| Listing VS Median (in V3N1B9) | |
Price: $3,059,070 low | high Med: $4,999,500 sqft: 8,000 low | high Med: 8,410 $ / sqft: $382 low | high Med: $585 On site: 108 low | high Med: 108 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Burnaby |
| Postal Code | V3N1B9 |
| Listing VS Median (in V3N1B9) | |
Price: $3,059,070 low | high Med: $4,999,500 sqft: 8,000 low | high Med: 8,410 $ / sqft: $382 low | high Med: $585 On site: 108 low | high Med: 108 | |
