
$2,180,000
Listed by: 1NE Collective Realty Inc. · MLS®
Builders and investors alert! Potential development opportunity in Central Burnaby! This rectangular 6,566 sq. ft. Property comprises two legal lots, offering the flexibility to build now or hold for potential future multifamily redevelopment through assembly with neighbouring properties. The existing five-bedroom, three-bathroom home features two self-contained suites, each with its own kitchen and laundry, providing excellent rental-income potential. Ideally located just minutes from Metrotown, SkyTrain, schools, Central Park, Bonsor Recreation Complex, grocery stores and award-winning restaurants.
MLS® #
R3158945
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow w/Bsmt., Split Entry
Ownership
Freehold NonStrata
Bedrooms
5
Full Baths
2
Half Baths
1
Fireplaces
2
Living Area
2,884 sqft
Main Floor
1,442 sqft
Basement
Yes
Lot Size
6,566 sqft
Lot Dimensions
134 x
Frontage
134
Heating
Forced Air · Natural Gas
Fireplace
Wood Burning
Lot Features
Central Location, Recreation Nearby
Community
Shopping Nearby
Coordinates: 49.215401, -122.993567 · Map data © Google
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Transit-Oriented Area — Tier 3
~640 m from Royal Oak SkyTrain station
Provincial law requires the city to allow at least 3.0 FAR and 8 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~610 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~640 m straight-line to Royal Oak SkyTrain
Year Built
1976
Age
50 years
Structure
Residential Detached
Parking Stalls
1
Parking Type
Open
Taxes
$7,716.78/yr
MLS® Area
Metrotown
City
Burnaby
Postal Code
V5J 1Y5
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.

$3,150
Metrotown
MLS® R3174351 · Listed by Sunstar Realty Ltd.
Building permit history is currently available for City of Vancouver properties only.