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Property at 6242 KITCHENER STREET image 1
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50

$2,598,000

6242 KITCHENER STREET
Burnaby, British Columbia, British Columbia, V5B2J4

MLS® Number: R2982631
Listed 26 days ago
5 2

Property description

An exceptional opportunity to acquire a prime 66x122 ft (8,052 sq ft) lot on one of North Burnaby´s most prestigious streets-Kitchener. Zoned R1 (Small-Scale Multi-Unit Housing), this property presents outstanding potential for future redevelopment in a highly sought-after, family-friendly neighbourhood. The existing home, though primarily land value, offers immediate rental income with two well-maintained tenancies generating a combined $5,162/month (both month-to-month). Ideally located within walking distance to Aubrey Elementary (French Immersion) and Burnaby North Secondary, and just minutes from Brentwood Mall, Simon Fraser University, SkyTrain, and several golf courses. A rare combination of location, income, and long-term upside. Buyers to verify development possibilities with the City of Burnaby.

Building information

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Land information

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Courtesy of eXp Realty

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