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7258 Ridge Drive Burnaby, British Columbia V5A 1B5

$1,399,000

Rare development opportunity priced $400K below BC Assessment in a prime Burnaby location! 7258 Ridge Drive offers a 7,850 sq.ft. building lot zoned R1, with the City of Burnaby´s new Small-Scale Multi-Unit Housing (SSMUH) framework allowing for up to 6 residential units per legal lot. The property is vacant land with no existing structure and is best suited for an experienced developer or builder prepared to unlock its full potential. The lot configuration and site conditions will require thoughtful planning. Located in an established neighbourhood surrounded by low-density housing, this site presents an opportunity to deliver missing-middle housing. (id:58426)

Property Details

MLS® Number R3076190
Property Type Vacant Land

Building

Land

Acreage No
SizeFrontage 37 Ft
SizeIrregular 7847
SizeTotal 7847 Sqft
SizeTotalText 7847 Sqft

https://www.realtor.ca/real-estate/29218259/7258-ridge-drive-burnaby

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Steve Saretsky
Personal Real Estate Corporation, Saretsky Group


Oakwyn Realty Ltd.
3195 Oak Street
Vancouver, British Columbia V6H 2L2

Luke Annunziello
Saretsky Group


Oakwyn Realty Ltd.
3195 Oak Street
Vancouver, British Columbia V6H 2L2