Rare offering of a woodframe development site in Metrotown. Woodframe condominiums are in short supply with only a small pocket of land falling within this designation providing no woodframe competition when selling the finished units. The Telus Boot is proposing new office and retail towers that will need nearby housing to service the space. Central Park is next door, the SkyTrain is within 10 minutes walking, and Metrotown Mall is around the corner. The area feels suburban in the heart of urban living delivering what every end user and investor is looking for.
The Potential Panoramic View
The Key Details
|Civic Address||5434 & 5488 Smith Ave, Burnaby, BC V5H 2K6|
|Total Site Area||27,190 SF|
|Potential Addition with 5454 Smith Ave||Potential Site Area: 27,190 SF|
|Potential BSF at 1.1 FAR: 29,909 BSF|
|Potential Floor Area Ratio (FAR)||1.1 – 3.15|
|Potential Buildable Square Footage||18,908 – 54,145 BSF|
|Designated OCP Zoning||RM3s|
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.