Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · Burnaby

7129 Cardinal Court

Burnaby, BC V5A1Y6

$4,600,000

579 days on market

Bedrooms
3
Bathrooms
2
Floor area
2,400 sq ft
Type
House
Year built
1972
Parking
6
Taxes
$6,885.01 (2024)
MLS®
R2974426

About this home

Prime development opportunity in a Transit-Oriented Area. This 10,363 SF lot can be combined with 7148 Cardinal Court (R3096479), 7158 Cardinal Court (R3081774), 3345 Cardinal Drive (R3052176), and 3355 Cardinal Drive (R3106360) to create a total development site of 54,712 SF (OVER AN ACRE). The property is designated under Tier 3, allowing for an 8-story building with a Floor Area Ratio (FAR) of 3.0. This mostly flat lot is located on a quiet cul-de-sac at the edge of the Transit-Oriented Development Areas and offers potentially excellent views of Burnaby Lake upon redevelopment. Please do not walk on the property. For more details or to inquire further, please contact me or your realtor.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$20,368
Strata fee$0
Property taxannual ÷ 12$574
Est. monthly total$20,942
Down payment + BC property transfer taxbefore any first-time buyer exemption$1,068,000

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Listing courtesy of Team 3000 Realty Ltd. View on REALTOR.ca

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