1970 SPERLING AVENUE, Burnaby

$1,699,000

This 9,563 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.

INVESTOR ALERT-MULTIPLEX POTENTIAL! An extraordinary opportunity tailored for builders, investors, and long-term landholders, this expansive 9,563 sq. ft. lot boasts exceptional future upside near the upcoming Sperling Village and Bainbridge Village. Location is unmatched: less than a block to Sperling École Elementary, an 8-minute walk to Sperling–Burnaby Lake SkyTrain, in the Burnaby North Secondary catchment, and near SFU. Daily shopping is a breeze with Kensington Plaza, Parkcrest, and Greystone Village, while The Amazing Brentwood is two train stops away. Outstanding sports hubs—Burnaby Mountain Golf Course, Kensington Pitch & Putt, ice rink, Burnaby Lake Rec, Christine Sinclair Centre, and Scotia Barn—are within 5 minutes by car. Bring your ideas and unlock the full potential!

How this price compares

This lot asks $178 per square foot of lot. That is 31% below the median of $259 across the 234 active lots VanPlex is showing in Burnaby, and puts it 18 of 234 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
$1,699,000
Lot size
9,563 sqft
Lot dimensions
73 x 131
Frontage
73 ft
Bedrooms
6
Bathrooms
3
Year built
1953
Zoning
R1
MLS® area
Montecito
MLS® number
R3177967

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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-10-23.