6675 & 6691 Dow Avenue, Burnaby

6675 & 6691 Dow Avenue, Burnaby

- Sold by NAI Commercial

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    Opportunity


    We are pleased to present the opportunity to acquire one of the last undeveloped corners of the prime Beresford High Density strip in Metrotown. This unique offering comes at a time when Condominium pre sales are soaring as increasing pressure on affordability makes finished sales a critical price point for consumers.

    Located only a few short steps to the Metrotown SkyTrain Station and Metrotown Mall there is rarely a more convenient location than these future homes. Curb appeal of your development will be amplified by the future renewed walkway along Beresford Street. Within a few minutes walking distance are coffee shops, parks, the mall, schools, rapid transit, regular transit and anything else that adds a premium to final sales.


     

    Site Details
    Civic Address 6675* & 6691 Dow Avenue, Burnaby, BC V5H 3E1
    Land Size 6675 Dow (76 x 234): 17,760 SF
    6691 Dow (75 x 238): 17,820 SF
    Total: 35,580 SF
    Density High Density Mixed Use RM-5S/C3 designation by the City of Burnaby Official Community Plan allows to potentially build a new high-rise condominium development.
    FAR Residential 3.4 base + up to 1.6 additional density can be negotiated for from the City of Burnaby
    FAR Commercial 1.3 Base density can be added if the properties are consolidated with 6645 Dow Ave
    Total Density 6.3 density if consolidated with 6645 Dow Ave
    Total Buildable SF Total Buildable Residential: 177,900 SF
    Total Buildable Residential: 46,254 SF
    Total Buildable SF: 224,154 SF
    Tendering Process The subject properties are for sale without an official asking price and are available by a bidding process. Offer submission deadline will be April 12, 2018.

    *Listed with HQ Commercial


    Property on Map

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      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.

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