5240 HALLEY AVENUE, Burnaby
$2,350,000
This 10,164 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.
CORNER LOT (66' frontage x 154' depth) Rarely available, this expansive 10,165 sq ft boasts stunning mountain VIEWS in the highly sought-after Central Park neighborhood of Burnaby. The property features 2,739 sq ft of living space, offering excellent flexibility to live in, rent out, or hold while planning your future development. 6-Unit building plan OR 4-Dulplex plan, approx 12300 buildable indoor area are exceptional investment opportunity! Enjoy an unbeatable, central location just minutes from Metrotown, Brentwood, Central Park, and Bonsor Recreation Complex & Seniors Centre. Conveniently close to Burnaby General Hospital, as well as top-rated schools including Chaffey-Burke Elementary and Moscrop Secondary. Commuting is easy with Patterson SkyTrain Station only 3 minutes drive.
How this price compares
This lot asks $231 per square foot of lot. That is 15% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 61 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
- $2,350,000
- Lot size
- 10,164 sqft
- Lot dimensions
- 66 x 154
- Frontage
- 66 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1958
- Zoning
- R1
- MLS® area
- Central Park BS
- MLS® number
- R3112834
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.