115 N HOWARD AVENUE, Burnaby
$1,499,900
This 6,437 sqft property in Burnaby is a detached single-family home on a lot the new rules make suitable for a multiplex. Burnaby follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and lots near frequent transit can allow up to six. Burnaby's larger average lot size often makes the higher counts easier to lay out.
ATTENTION BUILDERS, DEVELOPERS & RENOVATORS! 53 x 122 plus back lane. Excellent opportunity in the highly sought-after Capitol Hill neighbourhood. This 2-level bungalow offers 2 bedrooms on the main floor and a full unfinished basement. The home requires substantial updating, ideal for renovation, holding, or future redevelopment. Located on a quiet residential street and zoned R1 Small-Scale Multi-Unit Housing, offering exciting potential for multiple dwelling units under Burnaby’s updated zoning regulations. Buyers are advised to confirm development possibilities, permitted density, servicing requirements, and building options directly with the City of Burnaby. Conveniently located near popular restaurants, Kensington Square Shopping Centre, parks, transit, SFU and Burnaby Mountain.
How this price compares
This lot asks $233 per square foot of lot. That is 14% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 65 of 258 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,499,900
- Lot size
- 6,437 sqft
- Lot dimensions
- 53 x 122
- Frontage
- 53 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1953
- Zoning
- R1
- MLS® area
- Capitol Hill BN
- MLS® number
- R3150072
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-28.