Description

An opportunity to purchase a boutique low-rise residential development site with holding income and adjacent to Burnaby Heights for redevelopment of up to 6 storeys with the upcoming adoption of the Burnaby 2050 OCP in late 2025. The property is situated on the southeast corner of Delta Ave and Hastings St with convenient access to Downtown Vancouver, Brentwood Town Centre, SFU and HWY 1. The property, with a lot size of 9,461 SF, is also a block east of Burnaby Heights, a dynamic retail corridor known for its diverse commercial district, friendly merchant culture, and a vibrant community atmosphere. The property is improved with a duplex circa 1947 with 4 rental units. Each rental unit has its own washer & dryer and generate a stable rental income.

Listing Provided By

Macdonald Commercial Real Estate Services Ltd.

Copyright and Disclaimer

The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2025 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.