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Maple Glade 4951 Sanders St 46 Unit Apartment Building $42,427,122 USD ($922,329 USD/Unit) Burnaby, BC V5H 1S8
Investment Highlights
- Underground parking
- Adjacent to Marlborough Park, providing unobstructed green space views
- Steps from Metropolis at Metrotown, offering over 450 retail stores and services
- Excellent transit access with Metrotown SkyTrain Station nearby
Executive Summary
This exceptional 46-unit 2 BR stratified building with underground parking sits on a ±1.26-acre corner site, primed for redevelopment with stunning, unobstructed mountain views. Located at Sanders & Nelson Street, it is adjacent to Marlborough Park West and just minutes from BC's largest mall, Metrotown, with 450+ stores and services. Steps from Metrotown Skytrain Station on the Expo Line, connecting Vancouver to Surrey and beyond. This site is designated RM-5 under the Metrotown Downtown Plan, allowing high-density residential buildings with ground-oriented units up to 5.9 FSR. Featuring approx. 395 ft frontage & 140 ft depth, it offers significant development potential. An ideal income-generating property while planning its future multifamily development.
Property Facts
| Price | $42,427,122 USD | Apartment Style | Low-Rise |
| Price Per Unit | $922,329 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.26 AC |
| No. Units | 46 | Building Size | 86,250 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1991 |
| Zoning | CD RM3 - CD (Comprehensive Development District), RM (Multiple Dwelling District) | ||
| Price | $42,427,122 USD |
| Price Per Unit | $922,329 USD |
| Sale Type | Investment |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 86,250 SF |
| No. Stories | 3 |
| Year Built | 1991 |
| Zoning | CD RM3 - CD (Comprehensive Development District), RM (Multiple Dwelling District) |
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Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (79)
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Maple Glade | 4951 Sanders St
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