Sub-Dividable Lot in Burnaby North: A Rare Investment Opportunity

A sub-dividable lot in Burnaby North has been recently sold, showcasing immense development potential and historical significance. Located at 7351 Curtis Street, this property spans an impressive 12,056 sqft with a width of 101 feet and a depth of 119 feet. The home, built in 1931 by its original owner, features two bedrooms, one bathroom, and an unfinished basement.

While the structure reflects the charm of a bygone era, the true value lies in the land. As of July 1, 2023, the total assessed value of the property was $3,038,000, with $3,028,000 attributed solely to the land. Its location in the desirable Burnaby North area, close to schools, parks, and major transit routes, further enhances its appeal.

For those exploring similar opportunities, the City of Burnaby Development Plans provide valuable insights into zoning and community growth. Additionally, the Greater Vancouver Real Estate Board is an excellent resource for discovering the latest listings and market updates.

Looking for your next investment or dream property? Contact Jared Gibbons today. Jared specializes in helping clients find properties tailored to their goals, whether for development or residential purposes.

Don’t miss out on opportunities like this. Let Jared guide you through the real estate market with expertise and dedication. Reach out now to start your journey!