7843 Wedgewood Street
Burnaby Lake, Burnaby, BC

Active
$3,798,000
Listed By: Sutton Group Seafair Realty
Listed 2 weeks ago

Details

Beds
6
Bath
4
Kitchens
2
Built
1955
Living Area
2131 SqFt.
Lot Size
10350 SqFt.
Frontage
50 Feet

Description

A rare combination of holding income, future self re-development (6 units), or land assembly w 2 more lots into 4 storey building. Estimated rental income appr. $7,500/m. Once “in a lifetime opportunity. Be prepared for the future “. “4 -storey apartment zoning lots in new OCP”. Builders can also split one lot into 3 sml lots. Located in a rapidly growing area with excellent amenities, transit access, and strong future potential. The house was Recently done in stages into a very new offering with one legal 2 bed suite - can be 3 bed, or 2 more bd income generating accommodation. Reno was done w great workmanship. With 2 bedroom/2 bath up, Shed in backyard is yet another potential waiting for ideas. 3 full sets laundry machines.

Amenities
Shopping Nearby No Outdoor Area Guest Suite Storage In Unit Workshop Attached Shed(s)

Features

Washer/Dryer Dishwasher Refrigerator Stove Oven

Site Influences

Shopping Nearby No Outdoor Area Central Location Paved

Location

Technical Information

MLS® # R3082120
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens 2
Year Built 1955
Parking Other,Front Access,Asphalt
Tax $6,153 in 2025
Strata No NWP555

Floor Area (sq. ft.)

Main Floor 1,084
Above 1,084
Below 1,047
Total 2,131
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.