5990 BROADWAY, Burnaby
$3,513,600
This 7,320 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.
Prime TOA property with future development and assembly potential. Feature a Spacious north-facing frontage and bright south-facing backyard. Existing 5-bedroom home offers strong holding value and future upside. Potential for Land Assembly with neighboring properties: Located within 400 meters of Holdom SkyTrain station , up to 4 FSR with potential development up to 12 storis. ( Buyer to verify with City of Burnaby ) . Conveniently located close to the Amazing Brentwood, SFU, BCIT, schools, parks, and shopping.
How this price compares
This lot asks $480 per square foot of lot. That is 77% above the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 245 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
- $3,513,600
- Lot size
- 7,320 sqft
- Lot dimensions
- 60 x 122
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1963
- Zoning
- R1
- MLS® area
- Parkcrest
- MLS® number
- R3129851
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.