Call Your Developers Today! The City of Burnaby has given tentative approval to subdivide this property, located at the corner of Humphries and 18th Ave, into two legal lots. As of July 1, 2024, new zoning regulations in British Columbia will support small-scale, multi-unit housing. This prime property is within two blocks of the Edmonds bus stops, potentially qualifying for increased density under the new transit-oriented development guidelines, allowing up to six units per lot. This strategic location offers convenient access to public transit, making it an excellent opportunity for higher-density residential development. Don’t miss out on this unique opportunity to capitalize on the upcoming zoning changes and maximize the potential of this valuable corner lot!
Data was last updated December 21, 2024 at 04:10 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$2,888,800
Min list price:
$1,499,000
Max list price:
$4,000,000
Avg days on market:
45
Min days on market:
3
Max days on market:
2,403
Avg price per sq.ft.:
$800.49
These statistics are generated based on the current listing's property type
and located in
Burnaby East. Average values are
derived using median calculations.
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