4965 Pioneer Avenue
Forest Glen BS Burnaby V5G 3J5

$2,900,000
Land Commercial, Multi-Family Commercial

Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8070747
Build. Type:
Freestanding
Land Assembly! Area ready for redevelopment! 3 lots, 4965, 4949 and 5017 Pioneer totalling 23,424 square ft sold as a package in conjunction with one another. The draft Burnaby OCP 2050 designates these properties for lowrise 6 story apartment.Currently zoning allows for 6 unit Multiplex on each lot.(18 units in total with City approval) Prime South Burnaby location close to Metrotown, BCIT, Highway 1, City Hall,2 schools and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1,Lougheed Hwy and Kingsway. A great opportunity with a terrific upside!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Construction:
Frame Wood
Building Type:
Freestanding
Year built:
1958 (Age: 67)
Living Area:
2,092 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
64'
Lot Area:
7,808 sq. ft.
Acres Freehold:
0 sq. ft.
Potential to Redevelop:
DRAFT BURNABY OCP 2050 INDICATES LOW RISE 6 STORY APARTMENTS, No
Parking:
Secured, Guest
Road Surface:
Paved
Cooling:
Forced Air
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection, Natural Gas Connected, Street Lighting
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
800179711
Taxes:
$6,432.31 / 2024
Balconies
No
Secured Garage/Parking
No
Water Supply:
Public
Water Rights:
No
Potential to Redevelop:
DRAFT BURNABY OCP 2050 INDICATES LOW RISE 6 STORY APARTMENTS, No
Env Assmt Phase:
No
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Listed by Sutton Group-West Coast Realty
Data was last updated July 16, 2025 at 07:40 AM (UTC)
MICHAEL LIU PREC* - TEAM MICHAEL LIU
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