$8,500,000

5111 IMPERIAL Street, Burnaby V5J1E3

Built 1965

Detached

Listed by: Royal LePage West Real Estate Services.

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Description

Strategic corner site, steps from Metrotown. Under the RM-4s designation and within the TOA designation - 200 meters from skytrain. This prime highrise development site is located just minutes away from Royal Oak Sky Train Station and is within short walking distance to a myriad of local restaurants, boutique stores, and popular parks. Along with the attraction of a quiet residential neighborhood, a major appeal is the site's proximity to Metropolis at Metrotown, the largest shopping Center in British Columbia and the host of nearly 400 stores and services. 21 Units fully rented and solid income while waiting for permits. Neighbouring site also available for consolidation. Prime opportunity in Burnaby's most desirable community. Call today for our marketing package. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Annual Taxes: $41,580

Lot Size: 16301.0

Property Details

Property Type	Detached
Sub Type	Multi-family
Lot Size	16,301 sq ft
Year Built	1965
Listing ID	C8080639

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5111 IMPERIAL Street, Burnaby
MLS® C8080639 · $8,500,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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