Rarely availabe 1.61 Acre (70,332 SqFt) prime development site at the corner of Kingsway & Sperling in Burnaby. Walking distance to the Highgate Shopping District & Edmonds Skytrain Station. A diverse and thriving neighbourhood in the Edmonds Town Centre Plan of the Official Community Plan. Potential to Rezone to RM5 with a FSR of 2.6 allowing a net buildable of 175,199 SqFt on this site. Possible to construct approximately 200-Unit Residential Highrise Tower with approximately 10 Street-Level Townhouse Units. Site offers unobstructed panoramic view corridors and easy access to major traffic routes.