4990 EMPIRE DRIVE, Burnaby
$2,799,999
This 6,940 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.
Rare opportunity in a prime Capitol Hill location offering extraordinary panoramic views spanning Burnaby, Richmond, Vancouver, downtown, Burrard Inlet and the North Shore mountains. Situated on a 6,940 sq. ft. lot, enjoy a highly walkable setting with convenient access to transit, parks, schools, shopping and nearby amenities. Confederation Park Elementary is approximately 0.3 km away, about a 15-minute walk, while Alpha Secondary School is approximately 1.0 km away. Tear down property in one of Burnaby’s established Capitol Hill neighbourhoods, combining a desirable location with far-reaching city, water and mountain views.
How this price compares
This lot asks $403 per square foot of lot. That is 53% above the median of $263 across the 251 active lots VanPlex is showing in Burnaby, and puts it 223 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
- $2,799,999
- Lot size
- 6,940 sqft
- Lot dimensions
- 48.55 x 33.43
- Frontage
- 48.55 ft
- Bedrooms
- 0
- Bathrooms
- 1
- Year built
- 1940
- Zoning
- R1
- MLS® area
- Capitol Hill BN
- MLS® number
- R3169421
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-09-24.