7969 BURNLAKE DRIVE, Burnaby
$2,380,000
This 10,055 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.
Located in one of Burnaby's most prestigious and sought-after neighborhoods, the Government Road area, this exceptional property offers an outstanding opportunity for families, investors, or those looking to build their dream home. Situated on a spacious 10,000 sq. ft. south-facing lot, the property enjoys excellent sun exposure, an attractive street frontage, and a generous, private backyard perfect for outdoor living, entertaining, or future landscaping. The newly renovated home is move-in ready and includes a self-contained 2-bedroom rental suite, providing an excellent mortgage helper or additional income potential. The prime location combines tranquility with convenience, being within walking distance to an elementary school and just minutes from Costco, Lougheed Town Centre.
How this price compares
This lot asks $237 per square foot of lot. That is 13% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 68 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
- $2,380,000
- Lot size
- 10,055 sqft
- Lot dimensions
- 75 x 134
- Frontage
- 75 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1966
- Zoning
- R1
- MLS® area
- Government Road
- MLS® number
- R3145128
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.