4194 CHERRYWOOD CRESCENT, Burnaby
$1,788,000
This 6,590 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.
Located in the highly desirable Garden Village area. This rare corner lot offers stunning mountain views and exceptional redevelopment potential. This irregular lot features three-sided exposure and rare dual driveway access from both front and rear lanes, maximizing usability. Previously approved plans allow for up to 4 units (buyer to verify with City). The existing 3-level split home was extensively renovated in 2018, including a new roof, new flooring, a new kitchen, new windows, new plumbing, and more, plus two rental unit with separate entrance, Ideal for living, holding, or building. A unique opportunity not to be missed!!
How this price compares
This lot asks $271 per square foot of lot. That is about the same as the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 131 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
- $1,788,000
- Lot size
- 6,590 sqft
- Lot dimensions
- 85.93 x
- Frontage
- 85.93 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1954
- Zoning
- R1
- MLS® area
- Garden Village
- MLS® number
- R3116518
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.