6551 HALIFAX STREET, Burnaby

$1,890,000

This 7,986 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.

INVESTMENT & DEVELOPMENT OPPORTUNITY! Located in desirable Parkcrest on a rare 66' × 121' lot with lane access. Excellent potential to live in, hold as an investment, or explore redevelopment into a 4-unit multiplex or four detached homes, subject to City approval. A major addition was completed in 1986 with a City permit. The home offers 3 bedrooms plus a doored living room upstairs and 3 bedrooms downstairs, providing excellent flexibility for separate upper and lower rental use. Enjoy city views from the deck. BONUS: double garage, additional parking and quick possession available. Walking distance to Burnaby North Secondary and close to parks, transit and amenities. Schedule your viewing today!

How this price compares

This lot asks $237 per square foot of lot. That is 11% below the median of $265 across the 254 active lots VanPlex is showing in Burnaby, and puts it 69 of 254 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
$1,890,000
Lot size
7,986 sqft
Lot dimensions
66 x 121
Frontage
66 ft
Bedrooms
5
Bathrooms
4
Year built
1950
Zoning
R1
MLS® area
Parkcrest
MLS® number
R3161661

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 2026-09-04.