OLD HOUSE. BIG OPPORTUNITY. Builders, investors & visionaries, this Montecito property is all about what comes next. R1 zoning, rear lane access & exciting redevelopment potential make this a compelling opportunity in an area already seeing transformation. The existing home also offers solid holding potential, with the roof replaced in 2025 & the HWT and furnace updated in 2023. Located close to Sperling Elementary, Burnaby North Secondary, Sperling Burnaby Lake SkyTrain, Burnaby Mountain Golf Course, SFU & BCIT, with quick access to Lougheed Highway & Highway 1. Whether you´re planning your next build, a long term investment or a passion project, this property is full of possibilities. Buyer to verify development potential, measurements & requirements with the City of Burnaby. (id:58554)