Transit Oriented Site (200-400M)

Transit Oriented Development (TOD) is an approach to land use planning that locates high-density, mixed-use development within walking distance from frequent transit services. TOD typically incorporates a variety of land uses, including residential, commercial (such as, grocery stores and retail) and community amenities (such as childcare and community centres). TOD promotes the creation of complete, liveable, and sustainable communities by building more homes near transit and services.

Location:                     4640, 4644, 4648        Brentlawn Drive                               Burnaby BC

Asking Price:                       $15,000,000         

Property Zoning Details:      TOD Zone 2 200M-400M         

Presently:                            3 Bungalows         

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Description: 

Offered as part of a 3-lot land assembly with 4640, 4644, and 4648 Brentlawn Drive, with frontage totalling approximately 153 ft x 122 ft is a 18,866 Sq ft prime development. It backs directly onto the vibrant Amazing Brentwood Mall, Metro Vancouver's unmatched shopping, dinning and entertainment district, and falls within the City of Burnaby’s TOD (Transit-Oriented Development) Area – Zone 2, permitting a minimum of up to 12 storeys and 4.0 FAR. An Opportunity also exists to explore the potential purchase of the adjacent laneway from the City to expand the site. Excellent holding property with solid rental income.