4701 RIDGELAWN DRIVE, Burnaby
$3,750,000
This 7,168 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.
Approx. 7,168 corner lots in Burnaby Brentwood area. Located on the corner of Beta Ave and Ridgelawn Dr with old house built in 1955. On the opposite of Brentwood Town Centre, easy access to Vancouver East & West and North Vancouver through Hwy No.1 & 7. Under R1 residential zone and 2050 Burnaby OCP, potential for up to 12 stories development. Potential for 8 lots ( Approx. 56,778 SqFt) land assembly, corner 2 lots and East side 2 lots are on market for sale for total Approx. 28,948 sqft. A rare opportunity for people who are looking for a new community development. Call now for more information!
How this price compares
This lot asks $523 per square foot of lot. That is 93% above the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 251 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
- $3,750,000
- Lot size
- 7,168 sqft
- Lot dimensions
- 72 x
- Frontage
- 72 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1955
- Zoning
- R1
- MLS® area
- Brentwood Park
- MLS® number
- R3127607
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.