House in Montecito, Burnaby North

Look towards the future – Redevelopment site! This 17,195 sq. ft. corner lot with 2,103 Sq Ft home, features frontage on Broadway, Camrose Drive, and a rear lane offers exceptional access and design flexibility. Currently zoned R1, the City of Burnaby has confirmed subdivision potential into three lots with multi-plex. Longer term, with assembly the property falls within new OCP plans for low-rise condos, with possible consideration for townhomes through variance. Outstanding location directly across from Burnaby Mountain Golf Course, close to schools, parks, transit, Brentwood and SFU. A rare chance to secure a site with both immediate subdivision potential and strong long-term redevelopment upside. Buyer to verify all future potential with City if important.

Listed by Macdonald Realty (Delta).