For Sale

Vacant Land opportunity

SL 1-46 4951 SANDERS STREET · Burnaby, British Columbia V5H1S8

Asking price$58,000,000
Property typeVacant Land
Land area54,820 square feet

The Opportunity

Overview

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:61970)

Investment highlights

  1. 01Vacant Land

Property details

Property type
Vacant Land
Transaction
sale
Site area
54820 square feet
Listing brokerage
RE/MAX Real Estate Services
Listing representative
Daniel Yu
Board / association
Greater Vancouver

Financial information

Asking$58,000,000

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Location intelligence

Burnaby

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
28833288
Last supplied
September 11, 2025
Listing brokerage
RE/MAX Real Estate Services
Listing representative
Daniel Yu
Board / association
Greater Vancouver

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

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Listing brokerage: RE/MAX Real Estate Services · Listing representative: Daniel Yu · Board/association: Greater Vancouver · Updated: Sep 11, 2025

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

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