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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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7158 Cardinal Court, Burnaby
MLS®: R3081774
2400
Sq.Ft.
3
Baths
4
Beds
9,066
Lot SqFt
1972
Built
Virtual Tour
Description
Prime development opportunity in a Transit-Oriented Area. This 10,363 SF lot can be combined with 7148 Cardinal Court (R3096479), 7129 Cardinal Court (R2974426), and 3345 Cardinal Drive (R3052176) to create a total development site of over 43,200 SF (nearly one acre). The property is designated under Tier 3, allowing for an 8-story building with a Floor Area Ratio (FAR) of 3.0. This mostly flat lot is located on a quiet cul-de-sac at the edge of the Transit-Oriented Development Areas and offers potentially excellent views of Burnaby Lake upon redevelopment. Please do not walk on the property. For more details or to inquire further, please contact me or your realtor.
Taxes (2025): $6,986.08
Amenities
Shopping Nearby
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove