House in Oakdale, Burnaby North

London Pacific is pleased to present this income-producing future development property on North Road, just 200 metres from the Burquitlam SkyTrain Station. Situated on a 72 x 112 ft (8,174 sq ft) corner lot with rear lane access, the property features approximately 6,300 sq ft of leaseable area across six living accommodations with potential to add additional suites. Designated R7 High-Rise Residential, permitting up to 30 storeys, and up to 40 through bonus density in certain cases, this property offers strong holding income and long-term land assembly potential in Burnaby's premier future tower location. The opportunity is further strengthened by qualified neighbouring property owners who have expressed willingness to participate in a future land assembly.

Listed by London Pacific.