Sign In Sign Up

BC Apartment Buildings

Development Land

Forgot password Extend Verify Contact

SL 1-46 4951 SANDERS Street
Forest Glen BS Burnaby V5H 1S8

$58,000,000
Commercial

Main Photo: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Commercial for sale (Burnaby South) : MLS®# C8062687
Photo 1: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Commercial for sale (Burnaby South) : MLS®# C8062687
Photo 2: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Commercial for sale (Burnaby South) : MLS®# C8062687
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C8062687
This exceptional 46-unit 2 BR stratified building with underground parking sits on a ±1.26-acre corner site, primed for redevelopment with stunning, unobstructed mountain views. Located at Sanders & Nelson Street, it is adjacent to Marlborough Park West and just minutes from BC's largest mall, Metrotown, with 450+ stores and services. Steps from Metrotown Skytrain Station on the Expo Line, connecting Vancouver to Surrey and beyond. This site is designated RM-5 under the Metrotown Downtown Plan, allowing high-density residential buildings with ground-oriented units up to 5.9 FSR. Featuring approx. 395 ft frontage & 140 ft depth, it offers significant development potential. An ideal income-generating property while planning its future multifamily development. Don’t miss this rare chance to develop in Burnaby’s urban core. Inquire today for full details.
Name of Complex/Subdivision:
# Other Units:
Year built:
1991 (Age: 33)
Total Floor Area:
1.98 acre(s)
Lot Area:
1.26 acre(s)
Land Use/Zoning:
CM RM3
Alarm System, Boardroom, Elevator Passenger, Fitness Facilities, Secured Building, Secured Parking, Visitor Parking, Other
Roof:
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Commercial for sale (Burnaby South) : MLS®# C8062687
    Photo 1 of 2
  • Photo 2: SL 1-46 4951 SANDERS Street in Burnaby: Forest Glen BS Commercial for sale (Burnaby South) : MLS®# C8062687
    Photo 2 of 2
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by RE/MAX Real Estate Services and RE/MAX Westcoast
Data was last updated September 13, 2024 at 08:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
Reciprocity Logo
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Powered by myRealPage.com
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.