An exceptional opportunity to acquire a prime 66x122 ft (8,052 sq ft) lot on one of North Burnaby´s most prestigious streets-Kitchener. Zoned R1 (Small-Scale Multi-Unit Housing), this property presents outstanding potential for future redevelopment in a highly sought-after, family-friendly neighbourhood. The existing home, though primarily land value, offers immediate rental income with two well-maintained tenancies generating a combined $5,162/month (both month-to-month). Ideally located within walking distance to Aubrey Elementary (French Immersion) and Burnaby North Secondary, and just minutes from Brentwood Mall, Simon Fraser University, SkyTrain, and several golf courses. A rare combination of location, income, and long-term upside. Buyers to verify development possibilities with the City of Burnaby. (id:58426)
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| MLS® Number | R2982631 |
| Property Type | Single Family |
| ViewType | View |
| BathroomTotal | 2 |
| BedroomsTotal | 5 |
| ArchitecturalStyle | 2 Level |
| BasementDevelopment | Unknown |
| BasementFeatures | Unknown |
| BasementType | Partial (unknown) |
| ConstructedDate | 1956 |
| ConstructionStyleAttachment | Detached |
| FireplacePresent | Yes |
| FireplaceTotal | 1 |
| HeatingType | Forced Air |
| SizeInterior | 2001 Sqft |
| Type | House |
| Garage | |
| Carport | |
| Carport | |
| Garage | 2 |
| Acreage | No |
| SizeFrontage | 66 Ft |
| SizeIrregular | 8052 |
| SizeTotal | 8052 Sqft |
| SizeTotalText | 8052 Sqft |
https://www.realtor.ca/real-estate/28079576/6242-kitchener-street-burnaby
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Katie Chao
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