Prime development potential meets rental opportunity in this expansive 8,776 sqft property in Upper Deer Lake. With 5 bedrooms and 3 bathrooms, this home offers ample space for both comfortable living and investment. The large lot, featuring a laneway, provides a unique opportunity for future development, including the potential to add a laneway house for extra income. Currently generating $9,000 per month in rental income, this property is located in a highly sought-after neighborhood, promising both immediate appeal and significant long-term value growth. A rare find for investors and homebuyers alike!
Address |
5854 BURNS PLACE |
List Price |
$1,998,000 |
Property Type |
Residential Detached |
Type of Dwelling |
House/Single Family |
Style of Home |
2 Storey |
Area |
Burnaby South |
Sub-Area |
Upper Deer Lake |
Bedrooms |
5 |
Bathrooms |
3 |
Floor Area |
2,619 Sq. Ft. |
Lot Size |
8776 Sq. Ft. |
Year Built |
1970 |
MLS® Number |
R2918805 |
Listing Brokerage |
LeHomes Realty Premier
|
Basement Area |
None |
Postal Code |
V5H 1X1 |
Zoning |
R4 |
Tax Amount |
$6,147 |
Tax Year |
2023 |
Site Influences |
Central Location, Cul-de-Sac, Private Yard, Recreation Nearby, Shopping Nearby |
Amenities |
In Suite Laundry |