7386 HUMPHRIES AVENUE, Burnaby | $2,650,000

Call Your Developers Today! The City of Burnaby has given tentative approval to subdivide this property, located at the corner of Humphries and 18th Ave, into two legal lots. As of July 1, 2024, new zoning regulations in British Columbia will support small-scale, multi-unit housing. This prime property is within two blocks of the Edmonds bus stops, potentially qualifying for increased density under the new transit-oriented development guidelines, allowing up to six units per lot. This strategic location offers convenient access to public transit, making it an excellent opportunity for higher-density residential development. Don??t miss out on this unique opportunity to capitalize on the upcoming zoning changes and maximize the potential of this valuable corner lot!

Description

Call Your Developers Today! The City of Burnaby has given tentative approval to subdivide this property, located at the corner of Humphries and 18th Ave, into two legal lots. As of July 1, 2024, new zoning regulations in British Columbia will support small-scale, multi-unit housing. This prime property is within two blocks of the Edmonds bus stops, potentially qualifying for increased density under the new transit-oriented development guidelines, allowing up to six units per lot. This strategic location offers convenient access to public transit, making it an excellent opportunity for higher-density residential development. Don??t miss out on this unique opportunity to capitalize on the upcoming zoning changes and maximize the potential of this valuable corner lot!

General Info


MLS Listing ID: R2894070 Bedrooms: 3 Bathrooms: 1 Year Built: 1918
Parking: Garage Heating: Forced air Lotsize: 7458 sqft Air Conditioning : N/A

Amenities/Features


  • Central location

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .