5017 PIONEER AVENUE, Burnaby
$2,600,000
This 7,808 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.
Land Assembly! Area ready for redevelopment! 3 lots, 4965,4949 and 5017 Pioneer totalling 23,424 square feet sold as a package. The draft Burnaby OCP 2050 designates these properties for lowrise 6 story apartment. Prime South Buranby location close to Metrotown, BCIT, Highway 1,City Hall and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, the artery running throughout Burnaby providing direct access to Highway 1, Kingsway and Lougheed Hwy.Great opportunity with a terrific upside. Double exposure on commercial MLS.
How this price compares
This lot asks $333 per square foot of lot. That is 29% above the median of $259 across the 234 active lots VanPlex is showing in Burnaby, and puts it 191 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
- $2,600,000
- Lot size
- 7,808 sqft
- Lot dimensions
- 64 x 122
- Frontage
- 64 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1958
- Zoning
- R1
- MLS® area
- Forest Glen BS
- MLS® number
- R3181624
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-11-05.