3057 NOEL DRIVE, Burnaby
$1,520,000
This 7,320 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.
A rare opportunity to acquire a well-maintained home in a desirable Burnaby neighbourhood. Situated on a generous lot, this property offers exceptional potential for families, investors, and builders alike. Featuring spacious living areas, abundant natural light, and a functional floor plan, the home provides comfortable living today with exciting possibilities for future renovation, redevelopment, or long-term investment. Conveniently located near parks, schools, shopping, transit, and major commuter routes, this property combines lifestyle, location, and value. Whether you're looking for a place to call home, a rental investment, or a future building site, this is an opportunity not to be missed.
How this price compares
This lot asks $208 per square foot of lot. That is 23% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 29 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
- $1,520,000
- Lot size
- 7,320 sqft
- Lot dimensions
- 60 x 122.00
- Frontage
- 60 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1958
- Zoning
- R1
- MLS® area
- Sullivan Heights
- MLS® number
- R3135266
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.