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7707 & 7735 Kingsway Burnaby, British Columbia V3N 3C9

17425 sqft

$6,500,000

7707-7735 Kingsway , 2 lots for sale, 17,245 sf in total . This location benefits from proximity to an array of amenities close by from residential , retail & Metro town a major shopping centre . Both properties are currently leased for $10396 .22/month until 2025, Seller pays taxes . Based on the current Edmonds Town Centre Plan, subject lots are designated as RM2 District and subject to a suitable assembly with max. allowable Floor Area Ratio 1.9. Three lots are owned by the city, they will sell at market value. City of Burnaby is undertaking a review of the Edmonds Town Centre plan now, they do imagine this corridor along Kingsway to allow for more density than the previous plan (RM2). Possibly 6 storeys with ground-level commercial use (at minimum) will be allowed. The new plan is still in the works and is contingent upon additional public consultation and Council approval. (id:47785)

Property Details

MLS® Number C8055747
Property Type Vacant Land
Road Type Paved Road

Building

Size Interior 17425 Sqft

Land

Acreage No
Size Irregular 17245
Size Total 17245 Sqft
Size Total Text 17245 Sqft
Zoning Description C4

Utilities

Electricity Available
Telephone Available
Sewer At Lot Line
Water At Lot Line

https://www.realtor.ca/real-estate/26287312/7707-7735-kingsway-burnaby

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