6127 BUCHANAN STREET, Burnaby
$1,690,000
This 7,200 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.
6127 Buchanan Street, Burnaby BC V5B 2S4 - PRIME REDEVELOPMENT OPPORTUNITY! House square footage approx, buyer to verify. Exceptional 7,200 sq.ft lot (60' x 120') in a highly desirable Burnaby neighborhood, offering outstanding potential for future multiplex development subject to City approval. Currently a 5-bedroom, 2-bathroom detached home, providing excellent holding or rental potential while exploring redevelopment options. Ideally situated near Parkcrest Elementary, Burnaby North Secondary, Kensington Park, Brentwood Town Centre, shopping, restaurants and transit. An excellent opportunity for builders, developers and investors to secure a substantial parcel of land in a sought-after location with strong long-term potential!
How this price compares
This lot asks $235 per square foot of lot. That is 9% below the median of $259 across the 234 active lots VanPlex is showing in Burnaby, and puts it 78 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
- $1,690,000
- Lot size
- 7,200 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1952
- Zoning
- R1
- MLS® area
- Parkcrest
- MLS® number
- R3177899
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-10-22.