7237 7239 HALIFAX STREET, Burnaby
$3,588,000
This 14,449.05 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.
Welcome to 7237–7239 Halifax, a prime North Burnaby redevelopment opportunity! This generous 14,440 sqft lot in the desirable Sperling-Duthie neighbourhood offers exceptional scale and design flexibility and includes a solid 4,570 sqft home and offers outstanding future potential. Zoned R1 (Small-Scale Multi-Unit Housing) with a CD component, it may support up to six units, subject to City approval. The OCP designation of Low-Rise Apartment (1–4 storeys) also provides long-term condo redevelopment potential, complementing nearby 4-storey buildings on Augusta Ave. Outstanding location near SFU, Burnaby Mountain, transit, schools, parks, Brentwood and Lougheed Town Centres. Buyer to verify all development potential with the City of Burnaby.
How this price compares
This lot asks $248 per square foot of lot. That is 8% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 86 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
- $3,588,000
- Lot size
- 14,449.05 sqft
- Lot dimensions
- 115.5 x 125.1
- Frontage
- 115.5 ft
- Bedrooms
- 8
- Bathrooms
- 5
- Year built
- 1950
- MLS® area
- Simon Fraser Univer.
- MLS® number
- R3140190
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Listing data via MLS®. Displayed for information only.