4990 EMPIRE DRIVE, Burnaby

$2,799,999

This 6,940 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.

A tremendous development opportunity in prime Capital Hill, with panoramic views of Burnaby, Richmond, Vancouver, downtown, Burrard Inlet, and the North Shore mountains. Steps from a bus stop and highly walkable: 15-min to Confederation Park Elementary (0.3 km); 1.0 km to Alpha Secondary. Note: House on property, sold as-is, where-is. interior access not permitted

How this price compares

This lot asks $403 per square foot of lot. That is 54% above the median of $262 across the 236 active lots VanPlex is showing in Burnaby, and puts it 213 of 236 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
$2,799,999
Lot size
6,940 sqft
Lot dimensions
48.55 x 33.43
Frontage
48.55 ft
Bedrooms
0
Bathrooms
1
Year built
1940
Zoning
R1
MLS® area
Capitol Hill BN
MLS® number
R3169421

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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-09-24.