Incredible Investment Opportunity – Income-Generating Side-by-Side Duplex with Development Potential! This side-by-side duplex sits on a large corner lot offering excellent future potential. Renovated in 2018, each side features two rental suites (total of 4 units), making this a strong income-producing property. Offers excellent future development potential, including the possibility of building Multiplex Dwellings (potential for 5 units!). This is an ideal opportunity for investors or developers looking for both current cash flow and long-term upside. Prime location with unobstructed views and easy access to Burnaby Lake Sports Complex, Brentwood Mall, Canada Way, and Hwy 1. A rare chance to secure a high-performing asset in a sought-after area for immediate income or development!
Address
3572 Douglas Road
List Price
$2,390,000
Property Type
Residential Income
Type of Dwelling
Duplex
Structure Type
Multi Family
Area
Burnaby North
Sub-Area
Central BN
Bedrooms
10
Bathrooms
7
Half Bathrooms
2
Floor Area
4,364 Sq. Ft.
Main Floor Area
2399
Lot Size
7746 Sq. Ft.
Lot Size Dimensions
64 x 121.00
Lot Size (Acres)
0.18 Ac.
Lot Features
Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
4364
Frontage Length
64
Year Built
1972
MLS® Number
R2986859
Listing Brokerage
Dracco Pacific Realty
Basement Area
None
Postal Code
V5G 3P3
Zoning
R1
Ownership
Freehold NonStrata
Parking
Open, Rear Access, Side Access
Parking Places (Total)
4
Tax Amount
$6,024.11
Tax Year
2024
Site Influences
Balcony, Recreation Nearby
Exterior Features
Balcony
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
4
Levels
Two
Number Of Floors In Property
2
Security Features
No Fire Sprinkler System, No Smoke Detector(s)
View
Yes
View Type
MOUNTAIN