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7289 DOW AVENUE, Burnaby

$2,400,000

This 0.01 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.

BUILDER ALERT! Rare 12,078 SF Flat Rectangular Lot in Metrotown: 66' x 183' with Lane Access! Exceptional development opportunity. Zoned R1 / SSMUH under Burnaby's updated Zoning Bylaw, this lot offers strong potential for up to 4 detached homes at approx. 3,761 SF each, or explore multiplex/rowhouse configurations per current City regulations. Lane access adds flexibility for design and parking. Oil tank already removed. Unbeatable central location just minutes to top schools, shopping, restaurants, and Skytrain station. Prime holding or immediate build opportunity in one of Metrotown's most sought-after pockets. Buyer/Buyer's agent to verify all zoning, unit count, and development potential with the City of Burnaby. Don't miss this rare offering!

How this price compares

This lot asks $240,000,000 per square foot of lot. That is 88612451% above the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 258 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
$2,400,000
Lot size
0.01 sqft
Lot dimensions
0 x
Frontage
0 ft
Bedrooms
3
Bathrooms
1
Year built
1955
Zoning
R1
MLS® area
Metrotown
MLS® number
R3153739

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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-08-07.