4949 Pioneer Avenue

General property description

Land Assembly! Area ready for redevelopment! 3 lots totalling 23,424 sq ft can be sold as a package. The draft Burnaby OCP 2050 designates these properties for low-rise 6 story apartment. Prime South Burnaby location close to Metrotown, BCIT, Highway 1, City Hall and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1. Great opportunity with a terrific upside. Land Assembly : 4965 and 5017 Pioneer Avenue can be sold in conjunction with 4949 Pioneer Avenue.

Mortgage estimate

Tax from listing

Est. monthly total

$13,249

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$12,489

Property tax

$610

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $540,000 down (20%) on $2,700,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.