4831 CAMBRIDGE STREET, Burnaby
$1,969,900
This 4,026 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.
Enjoy breathtaking panoramic views of the North Shore Mountains and Burrard Inlet from this beautifully renovated home, ideally situated on the prestigious west side of Capitol Hill. Nestled on a desirable 33x122 lot, this 5-bedroom, 3-bathroom property offers exceptional lifestyle & investment potential. The main level features three spacious bedrooms and opens onto an expansive north-facing sundeck—an ideal setting for relaxing or entertaining while taking in the spectacular views. The lower level includes a 2 bedroom mortgage helper, providing valuable rental income. Whether you're an investor looking to rent & hold, or a buyer ready to build your dream home in one of Burnaby's most sought-after neighbourhoods, this is an outstanding opportunity you won't want to miss!
How this price compares
This lot asks $489 per square foot of lot. That is 81% above the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 248 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
- $1,969,900
- Lot size
- 4,026 sqft
- Lot dimensions
- 33 x 122
- Frontage
- 33 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1961
- Zoning
- R1
- MLS® area
- Capitol Hill BN
- MLS® number
- R3145659
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.