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!
Address | 7386 HUMPHRIES AVENUE |
List Price | $2,650,000 |
Property Type | Land Only |
Type of Dwelling | Vacant Land |
Area | Burnaby East |
Sub-Area | Edmonds BE |
Lot Size | 7458 Sq. Ft. |
MLS® Number | R2894112 |
Listing Brokerage | RE/MAX Crest Realty |
Postal Code | V3N 3E5 |
Zoning | R1 |
Tax Amount | $7,209 |
Tax Year | 2024 |
Site Influences | Central Location, Recreation Nearby, Shopping Nearby |
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