5275 SCHOU STREET, Burnaby
$1,899,000
This 5,995 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.
Opportunity to purchase a 55'x109' lot in a quiet cul-de-sac in Central Burnaby. The property is improved with a 2-storey single-family detached house offering 5 bedrooms and 3 bathrooms with 2,754 SF of living area. Zoned R1 - Small-Scale Multi-Unit Housing (SSMUH), providing flexibility for a range of residential development options and the potential for multiple dwelling units such as duplex or multiplex. Located in Central Burnaby, the property offers convenient access to Canada Way, Kingsway, Boundary Road and Trans-Canada Highway 1, with nearby amenities, schools, parks and transit services.
How this price compares
This lot asks $317 per square foot of lot. That is 21% above the median of $262 across the 236 active lots VanPlex is showing in Burnaby, and puts it 178 of 236 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
- $1,899,000
- Lot size
- 5,995 sqft
- Lot dimensions
- 55 x 109
- Frontage
- 55 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1976
- Zoning
- R1
- MLS® area
- Central BN
- MLS® number
- R3169729
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-09-25.