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Main Photo: 7386 HUMPHRIES Avenue, Burnaby - Edmonds BE
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Status:
Active
Prop. Type:
Land Only
MLS® Num:
R2894112
Call Your Developers Today! The City of Burnaby has given tentative approval to subdivide this property, located at the corner of Humphries and 18th Ave, into two legal lots. As of July 1, 2024, new zoning regulations in British Columbia will support small-scale, multi-unit housing. This prime property is within two blocks of the Edmonds bus stops, potentially qualifying for increased density under the new transit-oriented development guidelines, allowing up to six units per lot. This strategic location offers convenient access to public transit, making it an excellent opportunity for higher-density residential development. Don’t miss out on this unique opportunity to capitalize on the upcoming zoning changes and maximize the potential of this valuable corner lot!
Property Type:
Land Only
Taxes:
$7,209.02 / 2024
Lot Area:
7,458 sq. ft.
Lot Frontage:
66'
Lot Depth:
113
Title to Land:
Freehold NonStrata
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Listed by RE/MAX Crest Realty
Data was last updated November 6, 2024 at 02:10 AM (UTC)
AMAR SHAN
DANA BALAN
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!