6138 PORTLAND STREET, Burnaby
$1,999,900
This 10,898 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.
Charming 1950s detached home in Burnaby's sought-after South Slope, offering unbeatable access to transits, schools, shopping, Metrotown and Central Park. Updated over the years with improvements to the kitchen, primary bedroom and bathroom. Situated on an expansive 10,989sqft private lot with 85ft frontage, this private property offers major redevelopment potential. Zoned R1 SSMUH, the city of Burnaby indicated the possibility of up to 6 residential units in the transit-orientated area (buyer to verify). Ideal for builders, investors, or those envisioning a future dream home. Huge southern view potential. A rare, centrally located development opportunity in prime South Burnaby. Open House Sunday May 10th 2-4pm.
How this price compares
This lot asks $184 per square foot of lot. That is 32% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 20 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
- $1,999,900
- Lot size
- 10,898 sqft
- Lot dimensions
- 82 x 133
- Frontage
- 82 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1950
- Zoning
- R1
- MLS® area
- South Slope
- MLS® number
- R3117786
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.