+10 more
$1,980,000
Listed by: Sutton Group-West Coast Realty · MLS®
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
Exceptional Development Opportunity in Vancouver Heights in a Prime Water-View Lot! 6,100 sq.ft. (50x122) lot, offering stunning ocean, mountain, and city views. Approved for 4 units (SSMUH), duplex, or a custom single-family luxury home. Ideally situated just minutes from Downtown Vancouver, Brentwood Mall, top-rated schools, parks, and an excellent selection of shops and restaurants. This highly sough-after location offers both lifestyle appeal and long-term value. The existing home offers string holding potential, allowing investors to generate steady monthly rental income while planning future development. A compelling opportunity for builders, investors, or end users seeking flexibility in one of Burnaby's most desirable areas.
MLS #
R3088072
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow w/Bsmt.
Ownership
Freehold NonStrata
Zoning
R-3
Bedrooms
4
Full Baths
0
Half Baths
2
Kitchens
2
Living Area
2,081 sqft
Main Floor
1,032 sqft
Basement
1,049 sqft fin.
Lot Size
6,100 sqft
Lot Dimensions
50 x
Frontage
50
Year Built
1929
Age
97 years
Roof
Asphalt
Construction
Frame Wood, Wood Siding
Structure
Residential Detached
Parking Stalls
3
Garage Spaces
3
Parking Type
Garage Triple
Original Price
$1,980,000
Taxes
$7,111.43/yr
Listed
2026-02-09
MLS Area
Vancouver Heights
City
Burnaby
Postal Code
V5C 1N1
Heating
Hot Water · Natural Gas
Flooring
Hardwood · Softwood · Wall/Wall/Mixed
Patio / Porch
Sundeck
View
Ocean, City, and Mountain
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Property Disclosure
Yes
Coordinates: 49.289493, -123.021539 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
Get an AI-assisted valuation estimate based on current market benchmarks and property characteristics.
For informational purposes only — not a certified appraisal
Building permit history is currently available for City of Vancouver properties only.
Suggested Offer
$1,881,128
5% below asking price
Negotiation Range
$1,831,628 – $1,910,828
$79,200 spread
Based on 21 recent sales, a starting offer around $1,881,128 (5% below ask) is reasonable. Your negotiation range is $1,831,628 – $1,910,828.
What's factored in
Based on 21 residential sales in Burnaby (last 60 days) · Updated Jun 9