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Investment Highlights

  • OCP allows for 2.5 FSR
  • Allows for 4 story rental.

Executive Summary

Claire Group is excited to present investors with a unique redevelopment opportunity for this 0.60-acre parcel in Burnaby. Buyers benefit from a redevelopment application at third reading for 21 townhouses with 1 level of underground parking. The city's OCP designated these properties as Low Rise Apartment 2, allowing for a rental building up to 6 stories. Buyers should consult with the City of Burnaby with any inquiries. (32441483)

Property Facts

Price $3,382,159 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.60 AC
Zoning R5

1 Lot Available

Lot

Price $3,382,159 USD
Price Per AC $5,606,041.94 USD
Lot Size 0.60 AC

26280.32 sqft

Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
  • Listing ID: 41337558

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: 7447-7453 14 Ave, Burnaby, BC V3N 1Z8

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