4729 CANADA WAY, Burnaby
$1,799,000
This 352,836,000 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.
Gorgeous, tastefully renovated home featuring modern finishes, bright open living spaces and exceptional pride of ownership throughout. Move-in ready with a versatile flex room that can be used as a 5th bedroom, plus a full bathroom on the main floor. Located in Burnaby’s sought-after Frequent Transit Network Area (FTNA). Zoned R1, allowing up to 6 units under the R1 SSMUH bylaw, subject to City requirements. OCP (Dec. 9, 2025) designates R2 – Townhouse (up to 4 storeys), offering exciting future potential. A beautifully maintained home with lots of possibilities. Close to Burnaby Hospital, BCIT, parks, schools, transit, shopping and all amenities
How this price compares
This lot asks $0 per square foot of lot. That is 100% below the median of $263 across the 251 active lots VanPlex is showing in Burnaby, and puts it 2 of 251 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
- $1,799,000
- Lot size
- 352,836,000 sqft
- Lot dimensions
- 50 x 162
- Frontage
- 50 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1978
- Zoning
- R1
- MLS® area
- Central BN
- MLS® number
- R3157511
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-08-20.