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Burnaby land with plans for single-family subdivision sold for $10M

The 2.87-acres is to undergo residential redevelopment
wayburne
 
A public assembly zoned parcel of land in Burnaby has sold for $10 million, Lee & Associates tells Western Investor. 
 
The 2.87-acre property includes a 25,640-square-foot conference hall. The buyer, Symphony Homes Limited, has plans for a single-family subdivision. 
 
The property is located at 3550 Wayburne Dr., Burnaby. 
 

Breakdown: 

 
Price: $10,000,000
Lot Size: 2.87 acres 
Property Type: Land
Zoning: P2
2018 B.C. Assessment Value: $12,065,600 
Date of Sale: 03/08/2019 
City: Burnaby  
Province: B.C.
Name of Brokerage: Lee & Associates Vancouver 
 

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