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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:
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  • 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
Listed by RE/MAX Real Estate Services and RE/MAX Westcoast
Data was last updated December 27, 2024 at 10:10 AM (UTC)
KEVIN LEE
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