6506 BROADWAY AVENUE, Burnaby
$3,982,500
This 8,800 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 Development Opportunity in Sperling-Burnaby Lake Station (City of Burnaby)! This strategically located property falls within Tier 3 of the Transit-Oriented Development (TOD) zoning, allowing for the construction of an 8-story building with a FAR of 3. Centrally situated with easy access to highways, shops, and Brentwood Town Centre, this site is ideal for a visionary developer. Don't miss this chance to capitalize on Burnaby's thriving real estate market and the growing demand for transit-oriented living. VISUALIZATION IS FOR ILLUSTRATIVE PURPOSES ONLY. ACTUAL DESIGN, MATERIALS AND SITE MAY VARY
How this price compares
This lot asks $453 per square foot of lot. That is 67% above the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 241 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
- $3,982,500
- Lot size
- 8,800 sqft
- Lot dimensions
- 50 x 176
- Frontage
- 50 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1953
- Zoning
- R1
- MLS® area
- Parkcrest
- MLS® number
- R3036157
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.