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!
Address
5854 Burns Place
List Price
$2,198,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Burnaby South
Sub-Area
Upper Deer Lake
Bedrooms
5
Bathrooms
3
Half Bathrooms
1
Floor Area
2,619 Sq. Ft.
Main Floor Area
1379
Lot Size
8776 Sq. Ft.
Lot Size Dimensions
0 x
Lot Size (Acres)
0.2 Ac.
Lot Features
Central Location, Cul-De-Sac, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2619
Year Built
1970
MLS® Number
R2962343
Listing Brokerage
LeHomes Realty Premier
Basement Area
None
Postal Code
V5H 1X1
Zoning
R4
Ownership
Freehold NonStrata
Parking
Garage Double, Lane Access
Parking Places (Total)
6
Tax Amount
$6,147.18
Tax Year
2023
Site Influences
Central Location, Cul-De-Sac, Private Yard, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Private Yard
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Garage
Yes
Garage Spaces
2
Laundry Features
In Unit
Levels
Two
Number Of Floors In Property
2