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$6,125,000
Est. payment /mo
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Share
MLS Listing ID C8070991
Year Built 2025
Lot Size 7,405 Sqft
Property Sub-Type Multi Family
Property Description
One-of-a-kind CMHC-assumed development site in Burnaby Heights – an opportunity you don't want to miss! Welcome to a rare and shovel-ready development site in one of the most desirable and fastest-growing neighbourhoods in North Burnaby. This 7,542 SQFT corner site is fully designed for a six-storey mixed-use project, aligning with the City of Burnaby's Urban Village vision. The proposal includes 37 thoughtfully planned non-market rental and multifamily strata homes, 2,897 SQFT of vibrant ground-level commercial space, and a generous 4,934 SQFT rooftop amenity for future residents. Passed Second Reading and ready for Development Permit application. With CMHC approval secured, construction could begin as early as November 2025. Located in Burnaby Heights, a dynamic, walkable community known for its small-town charm, strong cultural roots, local shops, diverse food scene, and panoramic mountain and city views. This site is also perfectly situated for transit-oriented development.
Location
Province BC
Community Vancouver Heights
Area Burnaby North
Zoning CD
Others
Ownership Freehold
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