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$2,950,000

9 Beds

4 Baths

2000 FEETSQ

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Burnaby BC, V5B 3C8

MLS® # R3063459

Property Information:

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.

Building Features:

  • Floor Space: 2000 Square Feet

Property Features:

  • Bedrooms: 9
  • Bathrooms: 4+0
  • Annual Tax Amount: $8,224
  • Basement: Full
  • Built in: 1947
  • Floor Space (approx): 2000 Square Feet
  • Heating: Other
  • Levels: One and One Half
  • Lot Frontage: 80 Feet
  • Lot Size: 9460.78 Square Feet
  • Parking Features: Open
  • Structure Type: Residential Detached

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity 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 the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

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Location of 420 Delta Avenue, Burnaby, BC, V5B 3C8

Demographic Information of 420 Delta Avenue, Burnaby, BC, V5B 3C8

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$130,173.76

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.32 %

High school certificate or equivalent

29.47 %

Apprenticeship trade certificate/diploma

7.71 %

College/non-university certificate

17.42 %

University certificate (below bachelor)

2.29 %

University Degree

29.8 %

Commuter

Travel To Work

By Car

72.25 %

By Public Transit

20.09 %

By Walking

3.28 %

By Bicycle

0.0 %

By Other Methods

4.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.5 %

Houses

53.5 %

Own Vs. Rent