Rare development opportunity priced $400K below BC Assessment in a prime Burnaby location! 7258 Ridge Drive offers a 7,850 sq.ft. building lot zoned R1, with the City of Burnaby´s new Small-Scale Multi-Unit Housing (SSMUH) framework allowing for up to 6 residential units per legal lot. The property is vacant land with no existing structure and is best suited for an experienced developer or builder prepared to unlock its full potential. The lot configuration and site conditions will require thoughtful planning. Located in an established neighbourhood surrounded by low-density housing, this site presents an opportunity to deliver missing-middle housing. (id:44056)

Property Details

Full Address:
7258 RIDGE DRIVE, Burnaby, British Columbia
Price:
$ 1,399,000
MLS Number:
R3076190
List Date:
January 6th, 2026
Lot Size:
7847 sq.ft.
Taxes:
$ 6,402
Listing Tax Year:
2025

Interior Features

Building Features

Ownership Type:
Freehold
Taxes:
$ 6,402

Floors

Land

Lot Size:
7847 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Steve Saretsky
Oakwyn Realty Ltd.
Co-Listing: Luke Annunziello
Oakwyn Realty Ltd.

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