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$1,499,900

5263 IMPERIAL STREET

Burnaby BC V5J 1E5 - Metrotown
3 bd
2 ba
1,464 sqft
Built 1943

About This Property

INCREDIBLE OPPORTUNITY! Priced below a standard building lot but with 12 storey building upside! This is simply the best redevelopment opportunity in Burnaby! Right at the cross street of Royal Oak & Imperial. This expansive 6273 sqft south-facing lot is an exceptional MULTI-UNIT OPPORTUNITY perfect for investors and builders alike. Located on Imperial St…

Features

Private Yard
Additional Parking
Open
Shopping Nearby
Room measurements5 rooms
Living RoomMain · 11' × 10'
KitchenMain · 10' × 11'
BedroomMain · 11' × 10'
BedroomBsmt · 17' × 20'
BedroomMain · 11' × 10'

Property Details

MLS NumberR3139613
Property TypeSingle Family Residence
Bedrooms3
Bathrooms2
Square Feet1,464
Lot Size6,273 sqft
Year Built1943
HeatingOther
StatusPending
Listed BySutton Centre Realty

School Catchment

Elementary Maywood
Secondary Burnaby South

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$690,000Median home value
$75,500Median household income
63.3%Owner-occupied
3.7%Single-detached homes
2.3Avg household size
37.6Median age
48.7%Bachelor's degree or higher (25-64)
52.2%Commute under 30 min
67.3%Drive to work
58.3%Foreign-born residents
7,333Neighbourhood population

Age

Under 15: 13.8%15 to 64: 72.2%65 and over: 14%
  • Under 1513.8%
  • 15 to 6472.2%
  • 65 and over14%

Household size

  • 1 person30.5%
  • 233.9%
  • 318.3%
  • 412.1%
  • 5 or more5.2%

Language spoken at home

31.5% English mother tongue

  • Mandarin15.7%
  • Cantonese14.9%
  • English + other5.9%
  • Tagalog4.7%
  • Korean3.3%
  • Spanish2.2%
  • All others21.8%

Mother tongue, share of 7,335 residents.

How this pocket differs

  • fewer seniors 65+ than Highgate 14% vs 18.5%
  • more Cantonese speakers than Highgate 14.9% vs 11.7%
  • Median dwelling value is notably lower than Metro Vancouver $690,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size6,286 sqft
Lot dimensions44 × 143 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~18,796 sqft
Nearest stationRoyal Oak Station404 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $7,679
Mortgage payment$6,877
Property tax$652
Home insurance$150
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 20

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