Hot new asking price, $900,000 below assessed value! The new SSMUH multiplex designation allows you to build up to 6 towhomes, duplexes or rowhouses on this R1 zoned lot! At 35,600 sq ft, the lot has 286' of frontage on Royal Oak and 125' of frontage on Marine Drive. This is a quiet location south of Marine Drive where Royal Oak terminates. The lot is so huge, each home could have its own huge 2,000 sq ft garden. If you are looking to innovate - call now. There are no other development opportunities in Burnaby or Vancouver like this unique offering. RS-1 zone is 25,000 SF and A3 zone is 10,500 SF of garden area. All lots in this area are split zoned. Cannot build on the A3.
| Address | 5244 MARINE DRIVE |
| List Price | $2,999,000 |
| Property Type | Land Only |
| Type of Dwelling | Vacant Land |
| Area | Burnaby South |
| Sub-Area | Big Bend |
| Lot Size | 35750 Sq. Ft. |
| MLS® Number | R2936314 |
| Listing Brokerage | Dexter Realty |
| Postal Code | V5J 3G8 |
| Zoning | R1 |
| Tax Amount | $12,091 |
| Tax Year | 2023 |
| Site Influences | Golf Course Nearby, Private Setting, Recreation Nearby |
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