7942 LAKEFIELD DRIVE, Burnaby
$1,649,000
This 7,200 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 this well-maintained and updated family home offering 2363 sq ft of living space in a desirable Burnaby neighbourhood with a south facing back yard. Featuring 3 bedrooms up and 2 bedrooms down, this versatile layout is perfect for growing families, multi-generational living, or those seeking suite potential. The main floor offers a bright and functional layout with spacious living and dining areas, fresh interior finishes, new flooring,new lighting, new kitchen counters/backsplash and recent paint inside and out, giving the home a clean, move-in-ready feel. The home sits accross from Robert Burnaby Park so no neighbors across the street. 60 x 120 lot size. a 15 minute walk to deer lake park , a 5 min walk to Robert Burnaby trails.10 min walk to New Pedest. Overpass!
How this price compares
This lot asks $229 per square foot of lot. That is 15% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 58 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
- $1,649,000
- Lot size
- 7,200 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1974
- Zoning
- R1
- MLS® area
- Burnaby Lake
- MLS® number
- R3115471
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.