7940 BURNLAKE DRIVE, Burnaby
$1,998,000
This 10,360 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.
A RARE GEM in prestigious Government Rd!Stunning newly renovated 5-bedroom home on an exceptional 10,360 SQ FT HUGE south-facing CORNER LOT with roads on two sides,ample parking&valuable BACK LANE access—an incredibly rare find!Bright living room with fireplace&large bay window,dining area opening to a sunny south-facing deck&spacious kitchen with s/s appliances.The lower level features a family room with wet bar,a fully finished karaoke room with premium sound system,2 bedrooms,laundry,flex room&storage.Enjoy your private backyard oasis with a stunning pool&hot tub!Walk to Lake City SkyTrain,Burnaby Lake trails&Seaforth Elem with French Immersion! Open house Sep 5 & 6 &12 &13 (Sat&Sun) 2-4pm. Seller(s) won't review offers until 5pm on Sep 14.
How this price compares
This lot asks $193 per square foot of lot. That is 27% below the median of $265 across the 254 active lots VanPlex is showing in Burnaby, and puts it 22 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
- $1,998,000
- Lot size
- 10,360 sqft
- Lot dimensions
- 74 x 140
- Frontage
- 74 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1966
- Zoning
- R1
- MLS® area
- Government Road
- MLS® number
- R3160740
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Listing data via MLS®. Displayed for information only. Zoning R1 stamped from the city record on 2026-09-02.