7507 WRIGHT STREET, Burnaby
$1,775,000
This 7,260 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.
RARE CORNER LOT in desirable East Burnaby! Impressive 61' x 121' lot with over 7,260 SQ.FT., directly across trom green space in a quiet, family-friendly neighbourhood. This spacious home features extensive main-floor and kitchen renovations completed in 2002, offering comfortable living today with exciting FUTURE DEVELOPMENT POTENTIAL. Conveniently located near schools, shopping, transit and major routes. An exceptional opportunity to LIVE, HOLD or REDEVELOP in a prime Burnaby location! Buyer to verify development potential with the City of Burnaby.
How this price compares
This lot asks $244 per square foot of lot. That is 8% below the median of $265 across the 254 active lots VanPlex is showing in Burnaby, and puts it 80 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
- $1,775,000
- Lot size
- 7,260 sqft
- Lot dimensions
- 121 x
- Frontage
- 121 ft
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- 1955
- Zoning
- R1
- MLS® area
- East Burnaby
- MLS® number
- R3157443
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-08-20.