7129 CARDINAL COURT, Burnaby
$4,600,000
This 10,363 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.
Prime development opportunity in a Transit-Oriented Area! This 10,363 SF lot can be assembled with 7148 Cardinal Court (R3096479), 7158 Cardinal Court (R3081774), 3345 Cardinal Drive (Not on MLS), and 3355 Cardinal Drive (Not on MLS), creating a combined development site of 54,712 SF (over 1.25 acres). Designated Tier 3, allowing for up to 8 storeys with a Floor Area Ratio (FAR) of 3.0, subject to municipal approvals. Situated on a quiet cul-de-sac, this predominantly flat property offers excellent redevelopment potential with possible views of Burnaby Lake. An exceptional opportunity for developers and investors in a desirable Burnaby location. Please do not walk on the property. Contact the listing agent or your Realtor for further details.
How this price compares
This lot asks $444 per square foot of lot. That is 72% above the median of $259 across the 234 active lots VanPlex is showing in Burnaby, and puts it 221 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
- $4,600,000
- Lot size
- 10,363 sqft
- Lot dimensions
- 36.41 x 141.5
- Frontage
- 36.41 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1972
- Zoning
- R1
- MLS® area
- Government Road
- MLS® number
- R2974426
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-07-25.