Offered for the first time in over 50 years, this property is on a generous 7,000 sqft lot in a highly central sought after location. Situated within the 400m Transit-Oriented Development (TOD) zone, it presents exceptional future potential under Burnaby´s new Official Community Plan. It emphasizes increased density & transit focused growth, whether you restore the existing structure, invest for the long term, or build your dream 4 plex. The current home is best suited for redevelopment, prospective buyers are encouraged to verify all development possibilities directly with the City of Burnaby. Positioned just steps from the SkyTrain, shopping, recreation, the YMCA, and everyday amenities, this is a rare opportunity to secure a prime piece of land in a rapidly evolving neighborhood.