4951 Sanders St - Apartments FOR SALE


Burnaby, BC V5H 1S8
$58,000,000 CAD
604-671-0700
4951 Sanders St, Burnaby, BC for Sale
$58,000,000 CAD
Apartments - FOR SALE
1/4
null | Request Cap Rate

4951 Sanders St
Burnaby, BC V5H 1S8


HIGHLIGHTS

  • Minutes walk to metropolis at metrotown
  • Underground parking
  • Near largest shopping mall in B.C.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$58,000,000 CAD

PRICE/SF

$672 CAD /SF

# OF UNITS

46

PRICE/UNIT

$1,260,870

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maple Glade

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,820 SF

ZONING

CD RM3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel YuRE/MAX Real Estate ServicesMore Info
604-671-0700

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Daniel YuRE/MAX Real Estate ServicesMore Info
604-671-0700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.