Welcome to the best neighbourhood in Burnaby! This rare 15,892 sq.ft. corner lot offers endless possibilities. Zoned R1 and located in TOA Tier 2 with a 4.0 FSR. Can build up to 4 units under current zoning—or explore the potential for 8 units with subdivision (buyer to verify). Situated in a quiet, prestigious area, this property is a dream opportunity for developers, investors, or those looking to create a legacy home. Tremendous redevelopment potential—don’t miss out!
Address
7566 Kraft Place
List Price
$2,398,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
sale
Area
Burnaby North
Sub-Area
Government Road
Bedrooms
5
Bathrooms
3
Floor Area
2,564 Sq. Ft.
Main Floor Area
1282
Lot Size
15892 Sq. Ft.
Lot Size Dimensions
157 x
Lot Size (Acres)
0.36 Ac.
Lot Size Units
Square Feet
Total Building Area
2564
Frontage Length
157
Year Built
1962
MLS® Number
R3035041
Listing Brokerage
eXp Realty
Basement Area
Finished
Postal Code
V5A 1Z6
Zoning
R1
Ownership
Freehold NonStrata
Parking
Carport Single, Open
Tax Amount
$7,734.85
Tax Year
2024
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Carport
Yes
Carport Spaces
1
Levels
Two
Number Of Floors In Property
2