5854 BURNS PLACE, Burnaby | $1,998,000

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! Open house Sat and Sun 2~4 (Sep 7/8).

Gallery16

Description

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! Open house Sat and Sun 2~4 (Sep 7/8).

General Info

MLS Listing ID: R2918805 Bedrooms: 5 Bathrooms: 3 Year Built: 1970
Parking: Garage Heating: Forced air Lotsize: 8776 sqft Air Conditioning : N/A

Amenities/Features

  • Central location
  • Cul-de-sac

MAP View

Street View

Get More Info


Mortgage Calculator


Calculate
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 .