CABCBurnabyLakeview-Mayfield7763 Edmonds St

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7763 Edmonds St, Burnaby, BC

Name: 7763 Edmonds St, For Sale in Burnaby - eXp Realty
Brand: eXp Realty
SKU: C8080370
Price: 3059070 CAD

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For Sale

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MLS® C8080370

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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:58753)Show Description

Key Facts

Levels Land

Size 8000 sqft

Taxes $29,329

Days Active 30

Lot Size 7948 SF

Approx. Age 1964

Avg. Price Per Sqft $382

MLS® Number C8080370

Central VacNo

FireplaceNo

Approx. Age1964

Price History

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Listing Agent

Helen Vallee

[email protected]

(778) 995-5585

Listing Agent

Eric Vallee

[email protected]

(604) 788-5133

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