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!
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Year built:
1962
(Age: 63)
Living Area:
2,564 sq. ft.238 m2
Building Area - Total:
2,564 sq. ft.238 m2
Levels:
Two
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
3.0
(Full:3/Half:0)
Taxes:
$7,734.85 /
2024
Lot Area:
15,892 sq. ft.1,476 m2
Lot Frontage:
157'47.9 m
Lot Details:
157 x
Plan:
21986
Construction Materials:
Frame Wood, Stucco, Wood Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,282 sq. ft.119 m2
Floor Area Fin - Total:
2,564 sq. ft.238 m2
Patio And Porch Features:
Patio
Parking Features:
Carport Single, Open
Parking:
Carport Single, Open
# Of Carport Spaces:
1.0
2
Age Restrictions:
No
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Aerial view of property's location with property parcel outlined
Map / location
View of front of property with a front lawn and view of scattered trees
Ranch-style home with a chimney, a shingled roof, a front lawn, stucco siding, and driveway
Parcel map
Map / location
Spare room with wood finished floors and baseboards
Empty room featuring wood finished floors and baseboards
Data was last updated August 11, 2025 at 07:40 AM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$2,098,800
Min list price:
$428,000
Max list price:
$6,596,000
Avg days on market:
49
Min days on market:
4
Max days on market:
208
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.