7079 WAVERLEY AVENUE, Burnaby
$2,198,000
This 10,043.27 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.
This home sits on a large (52x192) & level lot in the heart of Metrotown. Beautiful neighbourhood within walking distance to schools, recreation, transit & retails. The property has 2 bdrms up, 1 bdrm & decent living space on the main. Plus additional 2 bdrms & rec room in the basement with separate entry. Great opportunity for potential multiplex redevelopment or to build your dream home in this desirable location.
How this price compares
This lot asks $219 per square foot of lot. That is 19% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 48 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
- $2,198,000
- Lot size
- 10,043.27 sqft
- Lot dimensions
- 52.2 x 192.39
- Frontage
- 52.2 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1930
- Zoning
- R1
- MLS® area
- Metrotown
- MLS® number
- R3134126
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.