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 | $1,998,000 |
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 | R2918805 |
Listing Brokerage | LeHomes Realty Premier |
Basement Area | None |
Postal Code | V5H 1X1 |
Zoning | R4 |
Tax Amount | $6,147 |
Tax Year | 2023 |
Site Influences | Central Location, Cul-de-Sac, Private Yard, Recreation Nearby, Shopping Nearby |
Amenities | In Suite Laundry |
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