An opportunity to purchase a boutique low-rise residential development site with holding income and adjacent to Burnaby Heights for redevelopment of up to 6 storeys with the upcoming adoption of the Burnaby 2050 OCP in late 2025. The property is situated on the southeast corner of Delta Ave and Hastings St with convenient access to Downtown Vancouver, Brentwood Town Centre, SFU and HWY 1. The property, with a lot size of 9,461 SF, is also a block east of Burnaby Heights, a dynamic retail corridor known for its diverse commercial district, friendly merchant culture, and a vibrant community atmosphere. The property is improved with a duplex circa 1947 with 4 rental units. Each rental unit has its own washer & dryer and generate a stable rental income.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
One and One Half Levels
Ownership:
Freehold NonStrata
Year built:
1947
(Age: 78)
Living Area:
2,000 sq. ft.186 m2
Building Area - Total:
2,000 sq. ft.186 m2
Levels:
One and One Half
Bedrooms:
9
(Above Grd: 4)
Bathrooms:
4.0
(Full:4/Half:0)
Taxes:
$8,224.41 /
2025
Lot Area:
9,460.78 sq. ft.879 m2
Lot Frontage:
80'24.4 m
Lot Details:
80 x 121
Outdoor Area:
Fenced
Plan:
19297, 1254
Construction Materials:
Frame Wood, Mixed (Exterior)
No. Floor Levels:
1.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,000 sq. ft.92.9 m2
Floor Area Fin - Total:
2,000 sq. ft.186 m2
Fireplaces:
0
Parking Features:
Open
Parking:
Open
MOUNTAIN
2
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer
Aerial perspective of suburban area featuring mountains
Parcel map
Bungalow-style home featuring a chimney and stucco siding
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated November 2, 2025 at 12:40 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$1,980,000
Min list price:
$558,000
Max list price:
$6,680,000
Avg days on market:
38
Min days on market:
3
Max days on market:
362
Avg price per sq.ft.:
$911.07
These statistics are generated based on the current listing's property type
and located in
Capitol Hill BN. Average values are
derived using median calculations. This data is not produced by the MLS® system.