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7911 Claremont Pl
Burnaby, BC V5A 4J3
Claremont Assembly · Land For Sale · 0.56 AC

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INVESTMENT HIGHLIGHTS

  • Located within 200 meters of Lake City Way SkyTrain Station.
  • No commercial component required under OCP designation.
  • Adjacent to Charles Rummel Park and top-rated Seaforth Elementary.
  • Designated for Mid-Rise Apartment use with potential up to 20 storeys.
  • Not subject to Burnaby’s Tenant Assistance Policy (TAP).
  • Positioned in an affluent, family-oriented neighbourhood with strong demand.

EXECUTIVE SUMMARY

Claremont Assembly presents a rare and compelling opportunity to acquire a 24,570 SF residential development site in Burnaby’s prestigious Government Road neighbourhood. The site benefits from favourable development conditions under Burnaby’s proposed Official Community Plan (OCP), which designates the property for Mid-Rise Apartment use with terracing and ground-oriented residential potential. Developers may pursue up to 12 storeys by-right, with the possibility of increasing to 20 storeys through the City’s Density Bonus Provisions. Importantly, the site carries no commercial requirement and is not subject to the Tenant Assistance Policy (TAP), streamlining the path to redevelopment.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.56 AC
Zoning R-1 - Small-Scale Multi-Unit Housing District

1 LOT AVAILABLE

Lot 1

Lot Size 0.56 AC

24,570 SF of level, previously-developed land for redevelopment.

DESCRIPTION

Surrounded by green space and top-tier amenities, the property is adjacent to Charles Rummel Park and just a two-minute walk from Seaforth Elementary, Burnaby’s highest-rated public elementary school. The area is well-served by retail, recreation, and employment hubs including Burnaby Lake Regional Park, Lougheed Shopping Centre, Costco, and multiple business parks. Comprising two contiguous lots, the site is ideally positioned at the end of a quiet cul-de-sac with direct frontage and quick access to Lougheed Highway. It is located just steps from the Lake City Way SkyTrain Station on the Millennium Line, placing it within Tier 1A of the Province’s Transit-Oriented Areas (TOA) Policy.

  • Listing ID: 37804778

  • Date on Market: 2025-09-24

  • Last Updated:

  • Address: 7911 Claremont Pl, Burnaby, BC V5A 4J3

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