SL 1-46 4951 SANDERS STREET — Burnaby, British Columbia

V5H1S8

86,250Sq Ft

54,820Lot Sq Ft

Listed by RE/MAX Real Estate Services

About This Property

This exceptional 46-unit 2 BR stratified building with underground parking sits on a Â±1.26-acre corner site, primed for redevelopment with stunning, unobstructed mountain views. Located at Sanders & Nelson Street, it is adjacent to Marlborough Park West and just minutes from BC's largest mall, Metrotown, with 450+ stores and services. Steps from Metrotown Skytrain Station on the Expo Line, connecting Vancouver to Surrey and beyond. This site is designated RM-5 under the Metrotown Downtown Plan, allowing high-density residential buildings with ground-oriented units up to 5.9 FSR. Featuring approx. 395 ft frontage & 140 ft depth, it offers significant development potential. An ideal income-generating property while planning its future multifamily development. Don't miss this rare chance to develop in Burnaby's urban core. Inquire today for full details. (id:63357)

Property Details

Property Type: Land
Living Area: 86,250 sqft
Status: Active

Location & Neighborhood

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Burnaby Market Snapshot

1,600

Active Listings

$889K

Median Price

Avg Days on Market

Last updated: Sep 11, 2025

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RE/MAX Real Estate Services

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$58,000,000