Highly desirable INVESTMENT or OWNER-OCCUPIER opportunity with high-density development potential (RA-3) in the heart of Burquitlam. Situated on a large 8,832 SQFT lot, this renovated home w/ ample living space on two levels provides an exemplary opportunity for strong holding income, as this property will be easily tenanted. The property features a private…
Highly desirable INVESTMENT or OWNER-OCCUPIER opportunity with high-density development potential (RA-3) in the heart of Burquitlam. Situated on a large 8,832 SQFT lot, this renovated home w/ ample living space on two levels provides an exemplary opportunity for strong holding income, as this property will be easily tenanted. The property features a private backyard, a large covered sundeck, renovated living spaces, kitchen, and bathrooms. Suite downstairs w/ separate kitchen and laundry. Located in close proximity to all amenities (commercial, SkyTrain/transportation, schools, parks, golf course, etc. ). Buyer has the opportunity to join an active land assembly, don't miss this incredible investment opportunity with holding income. Priced to move at $172,000.00 under BC Assessment!
Features
Private Yard
Garage Single
Front Access
Asphalt
Shopping Nearby
Room measurements11 rooms▸
Living RoomMain · 13'7 × 17'10
Dining RoomMain · 10'6 × 8'1
KitchenMain · 11' × 17'
Primary BedroomMain · 10'8 × 12'9
BedroomMain · 10'8 × 10'7
PatioMain · 20'2 × 12'9
Family RoomBelow · 17'2 × 13'1
Dining RoomBelow · 9'8 × 19'
KitchenBelow · 7'7 × 7'5
BedroomBelow · 10'4 × 13'
Flex RoomBelow · 14'9 × 10'4
Floor plan
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Property Details
MLS NumberR3127052
Property TypeSingle Family Residence
Bedrooms3
Bathrooms2
Square Feet2,120
Lot Size8,832 sqft
Year Built1960
Parking Spaces1
HeatingForced Air, Natural Gas, Wood
StatusClosed
Listed ByLondon Pacific
School Catchment
ElementaryRoy Stibbs Elementary
MiddleÉcole Banting Middle
SecondaryPort Moody Secondary
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$730,000Median home value
$76,000Median household income
54.1%Owner-occupied
15.7%Single-detached homes
2.2Avg household size
35.6Median age
46.8%Bachelor's degree or higher (25-64)
51.2%Commute under 30 min
74.2%Drive to work
48.6%Foreign-born residents
8,835Neighbourhood population
Age
Under 1511.5%
15 to 6474.8%
65 and over13.7%
Household size
1 person32%
236.7%
315.9%
49.7%
5 or more5.6%
Language spoken at home
38.5% English mother tongue
Korean13.4%
Mandarin10.5%
Cantonese5.9%
English + other5.1%
Farsi3.4%
Spanish2.2%
All others21%
Mother tongue, share of 8,820 residents.
How this pocket differs
Median dwelling value is lower than Metro Vancouver $730,000 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 size8,780 sqft
Lot dimensions63 × 139 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~26,256 sqft
Nearest stationLougheed Town Centre Station696 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.
Recent nearby sales
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