We are pleased to present a rare opportunity to acquire a property within the highest density pocket available in the Metrotown core. The site is zoned RM5s/C3, which allows for a maximum achievable FSR of 14.3. This unprecedented amount of potential density provides an opportunity for a top-tier development in the midst of renowned developers like Grosvenor, Concord, Beedie, and Bosa.
Located only a few short steps to the Metrotown SkyTrain Station and Metrotown Mall, there is rarely a more convenient location with more promising development potential.
The Potential Panoramic View
The Key Details
|Civic Address||6112 Sussex Ave, Burnaby, BC V5H 3C3|
|Current Site Area||7,320 SF|
|Potential Floor Space Ratio (FSR)||8.3 for Residential, 6.0 for Commercial, 14.3* max|
|Designated OCP Zoning||RM5s/C3|
|*with purchase of additional bonus density through the City and must be verified|
|Financing||Vendor will carry 2nd mortgage of $2,500,000. Terms and rate to be negotiated.|
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied.