5745 LAUREL STREET, Burnaby
$1,769,000
This 6,944 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.
Opportunity in Central Burnaby North on a 62' x 112' lot. This 2-level, 2,500 sq. ft. home offers 6 bedrooms and 2 bathrooms with a flexible layout that includes spacious living areas, 2 kitchens, and separate laundry areas upstairs & downstairs. The main level features warm wood flooring, a large front living room with fireplace, and an updated kitchen with dark cabinetry, tile backsplash, and stainless steel appliances. A covered balcony extends the living space, while the lower level adds additional bedrooms and everyday flexibility. Close to Brentwood, Costco, parks, transit, and the Burnaby Lake Recreation Centre project, this property offers space today and future potential in a well-connected Burnaby location.
How this price compares
This lot asks $255 per square foot of lot. That is 6% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 99 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
- $1,769,000
- Lot size
- 6,944 sqft
- Lot dimensions
- 62 x 112
- Frontage
- 62 ft
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- 1961
- Zoning
- R1
- MLS® area
- Central BN
- MLS® number
- R3098974
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.