7872 Willard st, Burnaby, BC, V3N 2W5, Canada

Description

BUILDERS ALERT! Prime opportunity to build dream home &/or maybe possibly subdivide. This is a vacant lot but it is not “raw land” as a house previously existed and it was demolished years ago. The land is classified as “Residential”, but the A2 zoning also allows the use for growing vegetables. This lot has never been farmed and it is NOT within the Agricultural Land Reserve (ALR). It is mostly covered with blackberry bushes and relatively easy/inexpensive to clear. This is a large 0.9 acre South facing lot (39,186 sq ft) in south Burnaby, located at the intersection of Willard Street & 10th Avenue near Big Bend. Drive by to view the amazing potential!

Note from Seller: "A buyer of a vacant lot is exempt from the Speculation & Vacancy Tax in the year of acquisition. They would also be entitled to exemption at least for a second year if they take any steps towards developing the land. Clearing the vegetation would entitle the buyer for a second year exemption as it is considered a step towards development. Please consult your accountant or lawyer to confirm the above."