5426 CLINTON STREET, Burnaby
$1,799,000
This 7,774 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.
BUILDERS AND FAMILIES ALERT! Fantastic opportunity in Burnaby's highly sought-after South Slope neighborhood. Situated on a gently sloping lot with a sunny south-facing backyard and expansive views, this property offers tremendous potential. The existing home features 3 bedrooms and 2 full bathrooms upstairs and is currently livable, but requires significant TLC. Zoned R1 SSMUH with potential for up to 4 units (Buyer to verify with City of Burnaby). Conveniently located just a 13-minute walk to Royal Oak SkyTrain and an 8-minute drive to Metrotown, Crystal Mall, restaurants, and shopping. Ideally located just 2 blocks from both Clinton Elementary and Burnaby South Secondary, making this an excellent choice for families. Open House Sat and Sun, June 27th and 28th from 2 pm to 4 pm.
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 62 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
- $1,799,000
- Lot size
- 7,774 sqft
- Lot dimensions
- 64 x 121.57
- Frontage
- 64 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1956
- MLS® area
- South Slope
- MLS® number
- R3140533
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Listing data via MLS®. Displayed for information only.