Welcome to the best neighbourhood in Burnaby! This rare 15,892 sq.ft. corner lot offers endless possibilities. Zoned R1 and located in TOA Tier 2 with a 4.0 FSR. Can build up to 4 units under current zoning—or explore the potential for 8 units with subdivision (buyer to verify). Situated in a quiet, prestigious area, this property is a dream opportunity for developers, investors, or those looking to create a legacy home. Tremendous redevelopment potential—don’t miss out!
Data was last updated August 14, 2025 at 07:40 PM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$2,098,800
Min list price:
$449,900
Max list price:
$6,596,000
Avg days on market:
51
Min days on market:
2
Max days on market:
211
Avg price per sq.ft.:
$697.02
These statistics are generated based on the current listing's property type
and located in
Government Road. Average values are
derived using median calculations. This data is not produced by the MLS® system.