Exceptional development opportunity: 6,732 SF south-facing corner site in Burnaby’s Royal Oak Urban Village, one block from SkyTrain. Designated for *Medium Density Mixed-Use*, this site supports a mid-rise project featuring ground-floor retail and five levels of residential. Estimated buildable area of 25,000–28,000 SF allows for 22–28 units (1BR, 2BR, and 3BR mix) plus 2,000–2,500 SF of prime commercial space and underground parking. Ideal for developers seeking a high-exposure, transit-oriented project in a rapidly evolving hub. *Note: All images are artist renderings for conceptual purposes only. Final design and density subject to municipal approval. Buyer/Agent to independently verify all zoning and development specifications.*
Address
5507 Dorset Street
List Price
$2,999,000
Property Type
Land
Type of Dwelling
Land
Structure Type
Land Only
Transaction Type
Sale
Area
Burnaby South
Sub-Area
Metrotown
Lot Size
6561 Sq. Ft.
Lot Size Dimensions
64.12 x 101.46
Lot Size (Acres)
0.15 Ac.
Lot Features
Central Location, Lane Access, Private, Recreation Nearby
Lot Size Units
Square Feet
Frontage Length
64.12
MLS® Number
R2997235
Listing Brokerage
eXp Realty
Postal Code
V5J 1L6
Zoning
M4
Ownership
Freehold NonStrata
Tax Amount
$5,216.22
Tax Year
2024
Site Influences
Central Location, Lane Access, Near Shopping, Private, Recreation Nearby
Community Features
Near Shopping
Board Or Association
Greater Vancouver
Road Surface
Paved
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