3977 FOREST STREET, Burnaby
$1,799,900
This 6,222 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.
This PRIME location, LARGE 6200 sqft+ lot (51 X 122) in Burnaby can be yours. Offering close to 1900 sqft of living space across two levels & perfectly situated close (but not to close) to Burnaby Hospital. This property is perfect for a growing family or investors looking to hold, redevelop or renovate. This 2 level home features a large living room, kitchen, dining room & 2 bedrooms + 1 bath upstairs along with a 1 bedroom, 1 bathroom mortgage helper suite downstairs. The home is certainly livable but the value is in the prime flat lot. Located close to Cascade Elementary School, Moscrop High School, Metrotown Mall, Brentwood Mall, Central Park, Patterson & Joyce Skytrain Stations & Hwy 1 Access. Don't miss this opportunity!
How this price compares
This lot asks $289 per square foot of lot. That is 7% above the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 160 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
- $1,799,900
- Lot size
- 6,222 sqft
- Lot dimensions
- 51 x 122
- Frontage
- 51 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1950
- Zoning
- R1
- MLS® area
- Burnaby Hospital
- MLS® number
- R3144303
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.