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ActiveVacant Land

$1,399,000

7258 RIDGE DRIVE

Burnaby, British Columbia, V5A1B5

Estimated$5,871/mo.Check Eligibility
7,847Lot Sq Ft

About This Property

Rare development opportunity priced $400K below BC Assessment in a prime Burnaby location! 7258 Ridge Drive offers a 7,850 sq.ft. building lot zoned R1, with the City of Burnaby´s new Small-Scale Multi-Unit Housing (SSMUH) framework allowing for up to 6 residential units per legal lot. The property is vacant land with no existing structure and is best suited for an experienced developer or builder prepared to unlock its full potential. The lot configuration and site conditions will require thoughtful planning. Located in an established neighbourhood surrounded by low-density housing, this site presents an opportunity to deliver missing-middle housing. (id:64938)

Quick Info

MLS#

R3076190

Days on Market

72

Listed On

Jan 6, 2026

Aman Nanda

Aman Nanda

Personal Real Estate Corporation

Call Now
Price$1,399,000
MLS#R3076190
StatusActive
Days on Market72
Annual Tax (2025)$6,402

Property Details

Architecture

Property TypeVacant Land
Common InterestFreehold

Property Features

Lot Size7,847 sq ft
Lot Dimensions7847

Tax / Financial

Annual Tax$6,402 (2025)

Location

Mortgage Calculator

5-Year Fixed
%
%
Loan $1,119,200
Down $279,800
$5,871Principal & Interest
·
$534Tax

Your monthly payment

$6,404

Incl. tax & strata

Aman Nanda

Aman Nanda

DLC AIMI Collective Mortgage Group

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7258 RIDGE DRIVE

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Listing provided courtesy of Oakwyn Realty Ltd.

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