Vancouver Homes
6506 Broadway Avenue, Burnaby, V5B 2Y5 — photo 1

$3,982,500

6506 Broadway Avenue, Burnaby, V5B 2Y5
Active
3 Bedrooms 1 Bathrooms 1,132 sqft Built 1953 Residential

About This Property

Prime Development Opportunity in Sperling-Burnaby Lake Station (City of Burnaby)! This strategically located property falls within Tier 3 of the Transit-Oriented Development (TOD) zoning, allowing for the construction of an 8-story building with a FAR of 3. Centrally situated with easy access to highways, shops, and Brentwood Town Centre, this site is ideal for a visionary developer. Don't miss this chance to capitalize on Burnaby's thriving real estate market and the growing demand for transit-oriented living. VISUALIZATION IS FOR ILLUSTRATIVE PURPOSES ONLY. ACTUAL DESIGN, MATERIALS AND SITE MAY VARY

Property Details

MLS #

R3036157

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Rancher/Bungalow

Ownership

Freehold NonStrata

Zoning

RES

Bedrooms

3

Full Baths

1

Half Baths

0

Kitchens

0

Living Area

1,132 sqft

Main Floor

1,132 sqft

Lot Size

8,800 sqft

Lot Dimensions

50 x 176

Frontage

50

Year Built

1953

Age

73 years

Roof

Other

Construction

Frame Wood, Other (Exterior)

Structure

Residential Detached

Parking Type

Other

Original Price

$3,982,500

Taxes

$5,724.48/yr

Listed

2025-08-11

MLS Area

Parkcrest

City

Burnaby

Postal Code

V5B 2Y5

Features & Finishes

Heating

Other

Exterior Features

No Outdoor Area

Building & Community

Water Source

Public

Utilities

Community

Disclosures

Property Disclosure

No

Location

Open in Google Maps

Coordinates: 49.262302, -122.970035 · Map data © Google

4.9

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market— 349% above market — check if justified
Days on market— 266 days — significantly stale, strong negotiation position
Price history— No price reduction — seller firm on price
Market conditions— Market avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,781,728

5% below asking price

Negotiation Range

$3,682,165 – $3,841,465

$159,300 spread

$3,682,165$3,982,500 ask

Based on 35 recent sales, a starting offer around $3,781,728 (5% below ask) is reasonable. Your negotiation range is $3,682,165 – $3,841,465.

What's factored in

Market baseline— 35 recent Burnaby sales closed at median 97.3% of list price
Extended market time— 266 days listed — well above market avg of 148 days, increased negotiation leverage
Above-average DOM— 266d vs market avg of 148d — property may have a pricing or condition issue

Based on 35 residential sales in Burnaby (last 60 days) · Updated May 4

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