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
$1,898,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
2 Storey
Area
Burnaby South
Sub-Area
Upper Deer Lake
Bedrooms
5
Bathrooms
3
Floor Area
2,619 Sq. Ft.
Lot Size
8776 Sq. Ft.
Year Built
1970
MLS® Number
R2962343
Listing Brokerage
LeHomes Realty Premier
Basement Area
None
Postal Code
V5H 1X1
Zoning
R4
Tax Amount
$6,147.18
Tax Year
2023
Site Influences
Central Location, Cul-de-Sac, Private Yard, Recreation Nearby, Shopping Nearby
Features
ClthWsh/Dryr/Frdg/Stve/DW
Amenities
In Suite Laundry
Heat Type
Forced Air, Natural Gas