Court-Ordered Sale | High Rise Development Site in Metrotown

6677 Silver Avenue offers a rare high rise development opportunity in Burnaby’s rapidly evolving Metrotown neighborhood. Located walking distance from Metrotown SkyTrain Station, the site provides exceptional connectivity and flexibility. Developers can proceed under the current approved rezoning or pursue a new rezoning under Burnaby’s “Height-based” Official Community Plan (OCP). As part of a Transit-Oriented Area (TOA), the property benefits from the removal of parking minimums, enhancing feasibility and design efficiency. Metrotown’s strong market fundamentals and transformation into a high-density hub continue to attract investment, reinforcing the area’s long-term viability.

Features include:

• Land Area: 19,829 SF

• Multiple Development Pathways: Can proceed under current approved rezoning or pursue a new rezoning application under the new Draft Burnaby “Height-based” OCP.

• No Parking Minimum: The absence of parking minimums, due to the Housing Statutes (Transit-Oriented Areas) Amendment Act 2023 (Bill 47), significantly enhances the feasibility of development

• Accessibility: Exceptional connectivity with direct access to downtown Vancouver, YVR Airport, and other key destinations via the Metrotown SkyTrain Station.

Further information.