For Sale: SL 1-46-4951 Sanders Street, Burnaby, BC - REW
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$58,000,000
0 bd ba 86250 sf Land/Lot
$58,000,000
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Sl 1-46 4951 Sanders StreetBurnaby, BC, V5H 1S8

Forest Glen
  • 0 Bed
  • Bath
  • 86250 Sqft
  • Land/Lot

About this home

This exceptional 46-unit 2 BR stratified building with underground parking sits on a ±1.26-acre corner site, primed for redevelopment with stunning, unobstructed mountain views. Located at Sanders & Nelson Street, it is adjacent to Marlborough Park West and just minutes from BC's largest mall, Metrotown, with 450+ stores and services. Steps from Metrotown Skytrain Station on the Expo Line, connecting Vancouver to Surrey and beyond. This site is designated RM-5 under the Metrotown Downtown Plan, allowing high-density residential buildings with ground-oriented units up to 5.9 FSR. Featuring approx. 395 ft frontage & 140 ft depth, it offers significant development potential. An ideal income-generating property while planning its future multifamily development. Don't miss this rare chance to develop in Burnaby's urban core. Inquire today for full details. (id:63626)
Listed by: Daniel Yu PREC*, Personal Real Estate Corporation, RE/MAX Real Estate Services

Home facts and features

Price details
List Price
$58,000,000
Gross Taxes for 2025
$95,397
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
1.26 acres
Depth
Features
Alarm system, Passenger elevator
Community
Agent details
Primary Agent
Daniel Yu PREC*
Primary Broker
RE/MAX Real Estate Services
Secondary Agent
Wendy Zhao PREC*
Secondary Broker
RE/MAX Crest Realty
Tertiary Agent
Eric Jung Hua Lin PREC*
Tertiary Broker
RE/MAX Westcoast
Listing details
Days on REW
277 Days
Property Views
1328
MLS® Number
C8071997
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Marlborough Elementary School
  • Public
  • K - 7
  • In Catchment
Burnaby Central Secondary School
  • Public
  • 8 - 12
  • In Catchment
Deer Lake SDA School
  • Independent
  • K - 12
St Francis de Sales School
  • Independent
  • K - 7
Burnaby Montessori School
  • Independent
  • K - 1
St Mary's School
  • Independent
  • K - 7
Vancouver Formosa Academy
  • Independent
  • 7 - 12
Vancouver Christian School
  • Independent
  • K - 6
St Thomas More Collegiate
  • Independent
  • 8 - 12
Our Lady of Mercy School
  • Independent
  • K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-12.