4505 MARINE DRIVE

BUILDERS AND INVESTORS!! This massive 13,532 SQF South Slope development site (high side of Marine Drive) features convenient real lane access and prime proximity to transit! Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. R1 designation allows your client to build up to 12 dwelling units on this property if subdivided, or up to 6 dwelling units as is, or anywhere in between if your client wishes to build for themselves with the bonus of added rental revenue from additional units! Also the potential for a land assembly of additional properties for serious inquiries, and, the City of Burnaby has allowed for a delayed payment process for DCC’s and CAC’s.