




Subject: $2,498,888 · $1,035/sqft
$2,498,888
Opportunity knock! This property offers far more than just a place to live. Set on an 8,052 sq. ft. corner lot with stunning South views. It’s zoned R1 Small-Scale Multi-Unit Housing and sits within a Frequent Transit Network Area, allowing up to six homes on one lot. You could live in one, rent the others, create space for extended family, or renovate the current home while benefiting from exceptional long-term land value. Extremely desirable for future development this corner lot w/ lane on relatively flat lot that provides great light, access, and design flexibility. A smart lifestyle purchase with built-in upside. Steps to Shops and transit. The house has 8 bedrooms and provides great cashflow while getting your permits in order. Don't miss out, call for more information.
MLS #
R3082864
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Zoning
R1
Bedrooms
8
Full Baths
4
Half Baths
0
Kitchens
2
Living Area
2,414 sqft
Main Floor
1,059 sqft
Above Main
1,355 sqft
Lot Size
8,052 sqft
Lot Dimensions
66 x 122
Frontage
66
Year Built
1963
Age
63 years
Roof
Other
Construction
Frame Wood, Mixed (Exterior), Wood Siding
Structure
Residential Detached
Parking Stalls
4
Garage Spaces
1
Parking Type
Garage Single, Front Access, Asphalt
Taxes
$7,294.82/yr
Listed
2026-01-24
MLS Area
Capitol Hill BN
City
Burnaby
Postal Code
V5B 1V3
Heating
Forced Air · Natural Gas
Patio / Porch
Sundeck
Transit
2 BLOCKS
View
City views of Burnaby Skyline
Lot Features
Near Golf Course, Lane Access, Recreation Nearby
Fencing
Fenced
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Community
Shopping Nearby
Property Disclosure
Yes
Coordinates: 49.278434, -122.984104 · 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
Listed by RE/MAX Crest Realty
Building permit history is currently available for City of Vancouver properties only.
Suggested Offer
$2,375,826
4.9% below asking price
Negotiation Range
$2,313,354 – $2,413,309
$99,955 spread
Based on 18 recent sales, a starting offer around $2,375,826 (4.9% below ask) is reasonable. Your negotiation range is $2,313,354 – $2,413,309.
What's factored in
Based on 18 residential sales in Burnaby (last 60 days) · Updated Jun 5