Edmonds Townhouse Redevelopment Site
7447 & 7453 14th Avenue, Burnaby
$7,450,000
Overview
To purchase a +/-26,000 SF townhome development site located in Burnaby’s Edmonds area. The plans in place allow for a 21-unit townhouse project with one level of underground parking.
Many of the upfront site work and costs have been incurred, saving time, energy and expense. Second Reading and Public Hearing have taken place and Third Reading is upcoming.
A Stage 1 Environmental Report is available for review. A presentation centre has been improved, is located nearby and may be available to facilitate a presales or end of construction sales process, if required.
Location
The Edmonds area is one of the best-kept secrets in the Lower Mainland. With a strong sense of community and history, beautiful views, parks and trails, recreational amenities, and a thriving business district all within walking distance, this neighbourhood is the place to be.
Located in the southeastern quadrant of Burnaby, and anchored by Edmonds Town Centre, the subject property provides easy access to Highgate Village, with its open space market and friendly shopping experience, adding an abundance of new shops and services.
The recently opened Edmonds Community Centre brings brand new amenities including both a swimming and leisure pool, gymnasium, preschool, daycare, a youth lounge and more. The new Burnaby Public library is close by on the north side of Kingsway, just west of Edmonds Street. Metropolis at Metrotown is a 10 minute drive or take the Expo Line Skytrain from Edmonds Station close by.
Development Plan Timeline
- Initial Report: May 30, 2016
- 1st Reading: July 9, 2018
- Public Hearing: July 24, 2018
- 2nd Reading: August 27, 2018
- 3rd Reading: targeted January 2019
- 4th Reading: targeted March 2019
Financials
Financing | Treat as clear title. | |
---|---|---|
Assessment 2017 | Land Building Total | Land$2,955,000 Building$23,800 Total$2,978,800 |
Taxes 2017 | $11,054 |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Cynthia Jagger
Personal Real Estate Corporation
cynthia@goodmanreport.com
(604) 912 9018
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Cynthia Jagger
Personal Real Estate Corporation
cynthia@goodmanreport.com
(604) 912 9018
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3