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5920 CANADA Way
Burnaby Lake Burnaby V5E 3N8

$2,399,000
Multifamily beds: 6 baths: 3.0 2,700 sq. ft. built: 1961

Main Photo: 5920 CANADA Way, Burnaby - Burnaby Lake
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Status:
Active
Prop. Type:
Multifamily
MLS® Num:
R2942961
Bedrooms:
6
Bathrooms:
3
Year Built:
1961
Discover a prime development property on Canada Way in the sought-after Deer Lake area of Burnaby. This strategically located site offers excellent zoning potential, making it ideal for residential or mixed-use projects. Surrounded by beautiful parks, convenient amenities, and vibrant neighborhoods, it promises a strong demand for new developments. Don’t miss this opportunity to invest in a rapidly growing community—contact us today for more details! Great property with holding potential or for development. Currently has plans in place for 3 unit row housing, with the potential of more units.
Property Type:
Multifamily
Dwelling Type:
Duplex
Year built:
1961 (Age: 63)
Total area:
2,700 sq. ft.
Total Floor Area:
2,700 sq. ft.
Main Floor Area:
900 sq. ft.
No. Floor Levels:
2.0
Bedrooms:
6 (Above Grd: 6)
Bathrooms:
3.0 (Full:3/Half:0)
Taxes:
$5,276.78 / 2023
Lot Area:
8,856 sq. ft.
Outdoor Area:
Balcony(s)
Basement:
Fully Finished, Separate Entry
Title to Land:
Freehold NonStrata
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Listed by Oakwyn Realty Northwest
Data was last updated November 21, 2024 at 10:10 AM (UTC)
AMAR SHAN
DANA BALAN
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!