Incredible Investment Opportunity – Income-Generating Side-by-Side Duplex with Development Potential! This side-by-side duplex sits on a large corner lot offering excellent future potential. Renovated in 2018, each side features two rental suites (total of 4 units), making this a strong income-producing property. Offers excellent future development potential, including the possibility of building Multiplex Dwellings (potential for 5 units!). This is an ideal opportunity for investors or developers looking for both current cash flow and long-term upside. Prime location with unobstructed views and easy access to Burnaby Lake Sports Complex, Brentwood Mall, Canada Way, and Hwy 1. A rare chance to secure a high-performing asset in a sought-after area for immediate income or development!
Property Type:
Residential Income
Dwelling Type:
Duplex
Home Style:
Two Levels
Year built:
1972
(Age: 53)
Living Area:
4,364 sq. ft.405 m2
Building Area - Total:
4,364 sq. ft.405 m2
Levels:
Two
Bedrooms:
10
(Above Grd: 10)
Bathrooms:
7.0
(Full:5/Half:2)
Taxes:
$6,024.11 /
2024
Lot Area:
7,746 sq. ft.720 m2
Lot Frontage:
64'19.5 m
Lot Details:
64 x 121.00
Outdoor Area:
Fenced, Balcony
Plan:
NWP1876
Construction Materials:
Frame Wood, Mixed (Exterior)
Property Condition:
Renovation Partly
No. Floor Levels:
2.0
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:
2,399 sq. ft.223 m2
Floor Area Fin - Total:
4,364 sq. ft.405 m2
Fireplaces:
4
Fireplace Details:
Wood Burning
Patio And Porch Features:
Patio, Deck
Parking Features:
Open, Rear Access, Side Access
Parking:
Open
Parking Total/Covered:
4 / -
Title to Land:
Freehold NonStrata
Balcony
MOUNTAIN
No Fire Sprinkler System, No Smoke Detector(s)
4
Age Restrictions:
No
By-Law Infractions:
Y
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected