7843 Wedgewood St, Burnaby, BC V5E 2E5

$3,798,000
6
BD
4
BA
2,131
SqFt

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List Price
$3,798,000
Status
ACTIVE
MLS® #
R3082120
Year Built
1955
Subtype
Single Family Residence
Stories
2
Bedrooms
6
Total baths
4
Living Area
2,131
Area
Burnaby South
Community
Burnaby Lake

Property Description

A rare combination of holding income, future self re-development (6 units), or land assembly w 2 more lots into 4 storey building. Estimated rental income appr. $7,500/m. Once “in a lifetime opportunity. Be prepared for the future “. “4 -storey apartment zoning lots in new OCP”. Builders can also split one lot into 3 sml lots. Located in a rapidly growing area with excellent amenities, transit access, and strong future potential. The house was Recently done in stages into a very new offering with one legal 2 bed suite - can be 3 bed, or 2 more bd income generating accommodation. Reno was done w great workmanship. With 2 bedroom/2 bath up, Shed in backyard is yet another potential waiting for ideas. 3 full sets laundry machines.

Additional Information

Lot Size
10,350
Amenities
Near Shopping
Other Structures
Workshop, Shed(s)
Laundry Features
In Unit
Site Influences
Central Location
Levels
Two
Acres
0.24
Basement
Full, Finished
Region
Burnaby South
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.