6790 HYCREST DRIVE, Burnaby
$1,499,999
This 6,851 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.
OLD HOUSE. BIG OPPORTUNITY. Builders, investors & visionaries, this Montecito property is all about what comes next. R1 zoning, rear lane access & exciting redevelopment potential make this a compelling opportunity in an area already seeing transformation. The existing home also offers solid holding potential, with the roof replaced in 2025 & the HWT and furnace updated in 2023. Located close to Sperling Elementary, Burnaby North Secondary, Sperling Burnaby Lake SkyTrain, Burnaby Mountain Golf Course, SFU & BCIT, with quick access to Lougheed Highway & Highway 1. Whether you’re planning your next build, a long term investment or a passion project, this property is full of possibilities. Buyer to verify development potential, measurements & requirements with the City of Burnaby.
How this price compares
This lot asks $219 per square foot of lot. That is 15% below the median of $259 across the 234 active lots VanPlex is showing in Burnaby, and puts it 58 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
- $1,499,999
- Lot size
- 6,851 sqft
- Lot dimensions
- 30 x
- Frontage
- 30 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1964
- Zoning
- R1
- MLS® area
- Montecito
- MLS® number
- R3176357
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-10-21.