420 Delta Avenue
Burnaby
V5B 3C8
$3,080,000
Land Commercial, Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Land Commercial, Multi-Family Commercial
- MLS® Num:
- C8069986
- Build. Type:
- Freestanding
- Photos (4)
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An opportunity to purchase a boutique low-rise residential development site adjacent to the Burnaby Heights neighbourhood for redevelopment of up to 6 storeys with the upcoming adoption of the Burnaby 2050 OCP in late 2025. The property is situated on the southeast corner of Delta Avenue and Hastings Street, which provides convenient access to Downtown Vancouver, Brentwood Town Centre, Simon Fraser University and Highway 1. The property, with a lot size of 9,461 SF, is also a block east of Burnaby Heights, a dynamic retail corridor known for its diverse commercial district, friendly merchant culture, and a vibrant community atmosphere. The area is popular with students, families, and young professionals, supporting a strong demand for more housing. The property is improved with a duplex circa 1947 with 4 rental units. Each rental unit has its own washer and dryers and generate a stable rental income.
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Land Commercial, Multi-Family Commercial
- Construction:
- Frame Wood
- Building Type:
- Freestanding
- # of Apartments:
- 4
- # of 2 Bedroom Apartments:
- 3
- # of 3 Bedroom Apartments:
- 1
- Year built:
- 1947 (Age: 78)
- Living Area:
- 2,000 sq. ft.
- Subject Property Depth:
- 121'
- Subject Property Width:
- 80'
- Lot Area:
- 217 acre(s)
- Acres Freehold:
- 217 acre(s)
- Zoning:
- Signup
- Potential to Redevelop:
- designated "R4 Low-rise Apartment 2" under draft 2050 OCP, No
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Electricity:
- No
- Sewer:
- Public Sewer
- Parcel Number:
- 002817420
- Taxes:
- $8,008.4 / 2024
- No
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Signup
- Potential to Redevelop:
- designated "R4 Low-rise Apartment 2" under draft 2050 OCP, No
- Env Assmt Phase:
- No
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Aerial view of residential area featuring mountains and property parcel outlined -
Map showing property parcels
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View of front facade with a chimney and stucco siding
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Aerial view of residential area
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated July 13, 2025 at 01:40 PM (UTC)
- Jean Seguin
- RE/MAX Real Estate Services
- 7787852135
- sales@vancouvercommercialbrokers.ca
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