7540 BULLER AVENUE, Burnaby

$1,800,000

This 7,007 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.

7000 sq ft lot with a development potential in a prime location.upper floor is rented for $2500, basement rents for $1800 . Property is located minutes from skytrain and metrotown. Prime Burnaby South lot with excellent development potential, located within walking distance to Royal Oak SkyTrain Station, and close to Metrotown, schools, parks, transit, and major routes, making it a highly attractive opportunity for builders, investors, and end users in a high-demand area! According to City guidelines, OCP allows low rise 4 storey apartments or up to 6 units to be built. Located close to newly constructed townhouses by Beedie group. All measurements are approximate.

How this price compares

This lot asks $257 per square foot of lot. That is about the same as the median of $259 across the 234 active lots VanPlex is showing in Burnaby, and puts it 114 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
$1,800,000
Lot size
7,007 sqft
Lot dimensions
50 x
Frontage
50 ft
Bedrooms
3
Bathrooms
2
Year built
1946
Zoning
R1
MLS® area
Metrotown
MLS® number
R3179454

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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-10-29.