5558 LAUREL STREET, Burnaby

$2,250,000

This 11,016 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.

Experience the charm of living in this stunning 1920 character home in Central North Burnaby, showcasing exceptional architectural merit and timeless elegance! Situated on a sun-drenched 11,000+ sq. ft. lot on a quiet, tree-lined street, this 3-level, 4 bed, 4 bath home offers 2,800 sq. ft.living space. Features include a chef's kitchen, formal living & dining rooms, cozy family room with French doors opening to a private garden oasis, a grand staircase leading to a spacious primary retreat with ensuite, walk-in closet, MOUNTAIN and SKYLINE VIEWS! Two additional bedrooms and a versatile flex space upstairs. Enjoy mature gardens, multiple outdoor living areas and a separate-entry 1-bedroom suite. Future redev. potential, subject to City approval. Min to schools, Burnaby Lake, shops, transit

How this price compares

This lot asks $204 per square foot of lot. That is 21% below the median of $259 across the 234 active lots VanPlex is showing in Burnaby, and puts it 41 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
$2,250,000
Lot size
11,016 sqft
Lot dimensions
72 x 153
Frontage
72 ft
Bedrooms
4
Bathrooms
4
Year built
1920
Zoning
R1
MLS® area
Central BN
MLS® number
R3176299

Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.

Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-10-17.