7843 Wedgewood Street, Burnaby Lake, Burnaby South

7843 Wedgewood Street

Burnaby Lake, Burnaby South

House
6 Bedrooms
4 Bathrooms
2,131 sqft
Built in 1955
$3,798,000

About this House in Burnaby Lake, Burnaby South

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.
Listed by Sutton Group Seafair Realty/RE/MAX Crest Realty.

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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.

Listed by Sutton Group Seafair Realty/RE/MAX Crest Realty.

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More Details
  • MLS®: R3082120
  • Bedrooms: 6
  • Bathrooms: 4
  • Type: House
  • Size: 2,131 sqft
  • Lot Size: 10,350 sqft
  • Frontage: 50.00 ft
  • Full Baths: 4
  • Half Baths: 0
  • Taxes: $6152.97
  • Basement: Full, Finished
  • Storeys: 2 storeys
  • Year Built: 1955
  • Parking: Other, Front Access, Asphalt (4)

Contact the Danny and Claudio Team about your next move!


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Latitude: 49.2262284

Longitude: -122.938912


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