About 5854 Burns Place
Prime development potential meets rental opportunity in this expansive 8,776 sqft property in Upper Deer Lake. With 5 bedrooms and 3 bathrooms, this home offers ample space for both comfortable living and investment. The large lot, featuring a laneway, provides a unique opportunity for future development, including the potential to add a laneway house for extra income. Currently generating $9,000 per month in rental income, this property is located in a highly sought-after neighborhood, promising both immediate appeal and significant long-term value growth. A rare find for investors and homebuyers alike!
Property Details of 5854 Burns Place
| Price | $2,198,000 |
|---|---|
| Year Built | 1970 |
| Stories in Building | 2 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Floor Levels | 2 |
| Main Floor | 1,379 sqft |
| Total Size | 2,619 sqft |
| Bedrooms | 5 |
| Full Baths | 2 |
| Half Baths | 1 |
| Heating | Forced Air, Natural Gas |
| Basement | None |
| Title to Land | Freehold NonStrata |
| Property Taxes | $6,147 |
Amenities and Features
| Parking Type | Garage Double, Lane Access |
|---|---|
| Parking Total | 6 |
| Site Influences | Central Location, Cul-De-Sac, Recreation Nearby |
Lot Size
| Lot Area | 8,712 |
|---|---|
| Depth | 0 x |
Listing Details
| MLS® # | R2962343 |
|---|---|
| Status | Active |
| Listing Date | January 30th, 2025 |
| Address | 5854 Burns Place |
| Subdivision | Upper Deer Lake |
| Area | Burnaby South |
| Province | BC |
| Listing Office | LeHomes Realty Premier |