Opportunity knocks! This property offers far more than just a place to live. Set on an 8,052 sq. ft. corner lot with stunning South views. It’s zoned R1 Small-Scale Multi-Unit Housing and sits within a Frequent Transit Network Area, allowing up to six homes on one lot. You could live in one, rent the others, create space for extended family, or renovate the current home while benefiting from exceptional long-term land value. Extremely desirable for future development this corner a lot with a lane on relatively flat lot that provides great light, access, and design flexibility. A smart lifestyle purchase with built-in upside. Steps to Shops and transit. The house has 8 bedrooms and provides great cashflow while getting your permits in order. Don't miss out, call for more information.
Address
5395 Georgia Street
List Price
$2,338,888
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Burnaby North
Sub-Area
Capitol Hill BN
Bedrooms
8
Bathrooms
4
Floor Area
2,414 Sq. Ft.
Main Floor Area
1059
Lot Size
8052 Sq. Ft.
Lot Size Dimensions
66 x 122
Lot Size (Acres)
0.18 Ac.
Lot Features
Near Golf Course, Lane Access, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2414
Frontage Length
66
Year Built
1963
MLS® Number
R3149527
Listing Brokerage
Stilhavn Real Estate Services
Basement Area
None
Postal Code
V5B 1V3
Zoning
R1
Ownership
Freehold NonStrata
Parking
Garage Single, Front Access, Asphalt
Parking Places (Total)
4
Tax Amount
$7,294.82
Tax Year
2025
Site Influences
Lane Access, Near Golf Course, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Garage
Yes
Garage Spaces
1
Levels
Two
Number Of Floors In Property
2
View
Yes
View Type
City views of Burnaby Skyline