5017 PIONEER AVENUE, Burnaby
$2,700,000
This 7,808 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.
Land Assembly! Area ready for redevelopment! 4965 and 5017 Pioneer Avenue can be sold in conjunction with 4949 Pioneer Avenue. 3 lots totalling 23,424 sqft can be sold as a package. This property has double exposure. The draft Burnaby OCP 2050 designates these properties for lowrise 6 story apartment. Prime South Burnaby location close to Metrotown, BCIT, Highway 1,City Hall and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1.Great opportunity with a terrific upside.
How this price compares
This lot asks $346 per square foot of lot. That is 28% above the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 202 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
- $2,700,000
- Lot size
- 7,808 sqft
- Lot dimensions
- 64 x 122
- Frontage
- 64 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1958
- Zoning
- R1
- MLS® area
- Forest Glen BS
- MLS® number
- R3023992
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.