7447 - 7453 14TH AVENUE

Burnaby · MLS® R3089233

26,280 sq ft lot

Land · Vacant Land · 239 days on market

Listed by Manjit Claire, RE/MAX Real Estate Services

Realtor's description

Claire Group is excited to present investors with a unique redevelopment opportunity for this 0.60-acre parcel in Burnaby. Buyers benefit from a redevelopment application at third reading for 21 townhouses with 1 level of underground parking. The city's OCP designated these properties as Low Rise Apartment 2, allowing for a rental building up to 6 stories. Buyers should consult with the City of Burnaby with any inquiries. ACCEPTED OFFER FOR $4,400,031. COURT DATE SET FOR OCTOBER 15TH. CONTACT AGENTS FOR DETAILS.

Property details

Type: Land, Vacant Land
Lot: 26,280 sq ft
Parking: 0
Property tax: $15,275 / yr
Days on market: 239
MLS®: R3089233

Price check

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 239 days

The market here

Listed now: 125 days; median for 35 homes for sale; this one 239 days

Homes in Burnaby. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$21,816/mo

Mortgage $20,543 · Tax $1,273

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$20,543/ monthly

loan $3,772,000

25-year amortization

down payment20% · $943,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,390,841
property transfer tax: $153,750; BC general rate
cash to close: $1,096,750; down + PTT
total paid: $6,162,841

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 1,373 m² (14,779 sq ft) · PID 002-928-051. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Twelfth Avenue Elementaryhomes in this catchment
500 m away · 7622 12th Ave, Burnaby · 604-296-9035

From the Burnaby School District 41's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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