8246 BURNLAKE DRIVE, Burnaby
$8,140,950
This 18,091 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.
Developers Alert! Government Road's Prime Development Opportunity! This site strategically located close to future master plan with surrounding shops and restaurants, easy access to highways and Lougheed Town Centre. Development potentials in Tier 3 with 3.0 FSR of Production Way – University Station allow for 8 storey or perfect for extra spacious SSMUH (small scale) Residential units! This site is ideal for a visionary developers. Contact me for details!
How this price compares
This lot asks $450 per square foot of lot. That is 66% above the median of $271 across the 258 active lots VanPlex is showing in Burnaby, and puts it 238 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
- $8,140,950
- Lot size
- 18,091 sqft
- Lot dimensions
- 66 x
- Frontage
- 66 ft
- Bedrooms
- 5
- Bathrooms
- 5
- Year built
- 1978
- Zoning
- R1
- MLS® area
- Government Road
- MLS® number
- R3075747
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.