SL 1-46 4951 SANDERS STREET

Description

This exceptional 46-unit 2 BR stratified building with underground parking sits on a ±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:63159)

Property Details

Annual property tax

$95,396.57 (2025)

Brokerage

RE/MAX Real Estate Services

Location Insights

Population

249,125

(2021 Census)

+7% since 2016

Density

2,750.6/km²

Dwellings

107,046

Median household income

$83,000

After-tax

$73,500

Immigrant population

50.4%

Top countries of origin

• China12.4% · 30,860
• Philippines4.5% · 11,235
• Hong Kong4.4% · 11,010
• Taiwan3.1% · 7,750
• India3% · 7,540
• Korea, South2.6% · 6,380
• Viet Nam1.4% · 3,380
• Iran1.3% · 3,210

Source: Statistics Canada, 2021 Census of Population.

Weather

Nearest station: Pitt Meadows

22°C

—

Humidity 54%

Wind W 5 km/h

Today

20°

Tonight

14°

Thursday

20°

Thursday night

13°

Friday

18°

Friday night

14°

Source: Environment and Climate Change Canada.