8061 MCGREGOR AVENUE, Burnaby
$1,850,000
This 9,871.58 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.
ATTENTION DEVELOPERS! Prime opportunity on a massive 9,871 sq ft lot (68’ x 145’) with R1 zoning, allowing potential for a duplex, triplex, or fourplex development with up to 45% lot coverage for a 4-unit project (buyer to verify with City of Burnaby). This exceptional property backs onto Frogger’s Creek Ravine Park, offering peaceful forest and nature views. Walk to Alta Vista Park, Frogger’s Creek Park & Playground, Buy-Low Foods, Anytime Fitness, Subway, and other shops and dining. Minutes to Riverway Sports Complex & Golf Course, Michael J. Fox Theatre, Cactus Club, Canadian Tire, Save-On-Foods, Starbucks, Cobs Bread, Winners, and more. Only a 5-minute drive to Metrotown. School Catchments: Nelson Elementary & Burnaby South Secondary; French: Marlborough Elementary & Moscrop Secondary.
How this price compares
This lot asks $187 per square foot of lot. That is 31% below the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 22 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
- $1,850,000
- Lot size
- 9,871.58 sqft
- Lot dimensions
- 68.01 x 145.14
- Frontage
- 68.01 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1947
- Zoning
- R1
- MLS® area
- South Slope
- MLS® number
- R3095581
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.