4505 Marine Drive, Burnaby
BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. The new R1 designation will allow your client to build anywhere up to 12 dwelling units on this property if subdivided, or up to 6 dwelling units as is, or anywhere in between if your client wishes to build for themselves with the bonus of added rental revenue from additional units! There is also the potential for a land assembly of additional properties for serious inquiries, and, the City of Burnaby has allowed for a delayed payment process for DCC´s and CAC´s. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 4505 Marine Drive, Burnaby
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 1,268 square feet
- Lot Size
- 13532.71
- Basement
- Partial, Unknown, Unknown
- Parking
- Carport
- Heating
- Forced air, Natural gas
- Ownership
- Freehold
- Annual Taxes
- $6,311 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 4505 Marine Drive
Active Listings
21
Min Price
$410,000
Max Price
$1,950,000
Avg Price
$673,267
Days on Market
71
days
Sold Listings
11
Min Sold Price
$309,000
Max Sold Price
$748,000
Avg Sold Price
$574,745
Days until Sold
141
days
Price History
Listed
February 23, 2026
by Sutton Centre Realty
Current Price
$1,950,000
-13.3% from last change
Type
Residential
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,950,000 | $300,000 (-13.3%) |
| Jul 6, 2026 | $2,250,000 | Listed |
