3831 MARINE DRIVE, Burnaby
$1,329,000
This 8,330 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.
Builders welcome, Multiplex zoning opportunities or build a grand single-family estate, this massive lot provides the perfect canvas. The central location offers easy access to local amenities, transit, and schools, making it an ideal spot for future development.This is an older home brimming with original character, waiting for a creative touch or a fresh start.Features two cozy wood-burning fireplaces and a function, A large deck overlooks the substantial backyard, perfect for entertaining. A suite, offering potential rental income during the planning phases. The home is in original condition and requires updating, providing a blank slate for a complete renovation.Currently heated via an active oil tank. The property is being sold in "AS IS, WHERE IS" condition.
How this price compares
This lot asks $160 per square foot of lot. That is 41% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 9 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
- $1,329,000
- Lot size
- 8,330 sqft
- Lot dimensions
- 16.46 x 51.36
- Frontage
- 54 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1950
- Zoning
- R1
- MLS® area
- Suncrest
- MLS® number
- R3147092
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.