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8246 Burnlake Drive
Burnaby
V5A 3K9
$2,999,999
Residential
beds: 6
baths: 5.0
4,343 sq. ft.
built: 1978
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R3007412
- Bedrooms:
- 6
- Bathrooms:
- 5
- Year Built:
- 1978
- Photos (27)
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This prime 18,091 sqft development lot in Burnaby’s Government Road neighborhood offers exceptional potential for multi-family or subdivision projects, currently zoned R1 with a 3.0 FAR density (54,273 sqft buildable). The property, assessed at $2,557,000 ($2,292,000 land, $265,000 improvements), is priced below future value, with a minimum land valuation of $8.1M+ (18,091 sqft x 3.0 FAR x $150/sqft). Options include an 8-storey apartment development, subdivision into 8 luxury homes (est. $1.8M–$2.2M+ each), or 4 smaller homes, with rental income of $6,500/month. Nearby schools include Seaforth Elementary and Burnaby Mountain Secondary, and the area scores 82/100 for transit. Includes survey plans—ideal for developers or investors awaiting rezoning. Priced at $2,999,999.Act now !
- Property Type:
- Residential
- Dwelling Type:
- Single Family Residence
- Home Style:
- 4 Level Split, Multi/Split
- Ownership:
- Freehold NonStrata
- Year built:
- 1978 (Age: 47)
- Living Area:
- 4,343 sq. ft.
- Building Area - Total:
- 4,343 sq. ft.
- Levels:
- Multi/Split
- Bedrooms:
- 6 (Above Grd: 6)
- Bathrooms:
- 5.0 (Full:3/Half:2)
- Taxes:
- $7,991.39 / 2024
- Lot Area:
- 18,094.11 sq. ft.
- Lot Frontage:
- 87'2"
- Lot Details:
- 87.2 x
- Outdoor Area:
- Fenced, Garden, Balcony
- Plan:
- NWP44446
- Construction Materials:
- Frame Wood, Mixed (Exterior)
- No. Floor Levels:
- 4.0
- Floor Area Fin - Above Main:
- 1,460 sq. ft.
- Floor Area Fin - Above Main 2:
- 800 sq. ft.
- Floor Area Fin - Main:
- 778 sq. ft.
- Floor Area Fin - Total:
- 4,343 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Gas
- Patio And Porch Features:
- Patio, Deck
- Parking Features:
- Carport Multiple, Open, RV Access/Parking
- Parking:
- Carport Multiple, Open, RV Access/Parking
- Parking Total/Covered:
- 6 / 6
- Garden, Balcony, Private Yard
- Garden, Laundry In Unit
- Mountains
- Retirement Community, Shopping Nearby
- 2
- Window Coverings
- Dishwasher, Refrigerator, Laundry In Unit
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- In Unit
- Window Coverings
- Age Restrictions:
- No
- Tax Utilities Included:
- false
- Home Owners Association:
- No
- Land Lease:
- No
- Utilities:
- Community, Electricity Connected, Natural Gas Connected
- Electricity:
- Yes
- Sewer:
- Public Sewer
-
View of building exterior featuring uncovered parking -
Living area featuring a fireplace, hardwood / wood-style floors, a ceiling fan, and stairway
-
Living area with ceiling fan, wood finished floors, a large fireplace, recessed lighting, and wood walls
-
Garage with a ceiling fan and a textured wall
-
Living area featuring wood finished floors, a skylight, and a ceiling fan
-
Bathroom with toilet, double vanity, a textured ceiling, tile walls, and a wainscoted wall
-
Living room featuring a skylight and wood finished floors
-
Kitchen featuring black fridge with ice dispenser, washing machine and clothes dryer, a textured wall, brown cabinets, and white microwave
-
Dining space with ceiling fan, wood-type flooring, arched walkways, and a textured wall
-
Living area featuring wood walls, wood finished floors, and a fireplace
-
Basement featuring wood finished floors and washer / dryer
-
Living area featuring wood finished floors, a ceiling fan, and stairs
-
Dining room with wood finished floors
-
Kitchen featuring freestanding refrigerator, black gas range, a ceiling fan, under cabinet range hood, and brown cabinetry
-
Kitchen with freestanding refrigerator, ceiling fan, brown cabinetry, tasteful backsplash, and a sink
-
Dining space featuring lofted ceiling, rail lighting, and light tile patterned flooring
-
Kitchen featuring appliances with stainless steel finishes, brown cabinets, vaulted ceiling, a ceiling fan, and light wood-style floors
-
Bedroom with wood finished floors, a ceiling fan, and baseboards
-
Bedroom featuring access to outside, wood finished floors, and a textured ceiling
-
Bedroom with wood finished floors, a ceiling fan, and baseboards
-
Bedroom featuring access to exterior, a ceiling fan, and a textured ceiling
-
Kitchen featuring black refrigerator with ice dispenser, ceiling fan, lofted ceiling, and wood finished floors
-
Bedroom with wood finished floors, a ceiling fan, and a closet
-
Bathroom with tile walls, a textured ceiling, a stall shower, toilet, and vanity
-
View of grassy yard featuring a patio area
-
Rear view of property with stairs and a lawn
-
Room layout
Listed by RE/MAX City Realty
Data was last updated June 6, 2025 at 01:40 AM (UTC)
Area Statistics
- Listings on market:
- 48
- Avg list price:
- $1,048,000
- Min list price:
- $499,000
- Max list price:
- $6,596,000
- Avg days on market:
- 40
- Min days on market:
- 1
- Max days on market:
- 269
- Avg price per sq.ft.:
- $741.19
These statistics are generated based on the current listing's property type
and located in
Government Road. Average values are
derived using median calculations.
- AMAR SHAN
- SABA REALTY LTD
- 778-881-4600
- amar@shannarealty.com
- DANA BALAN
- SABA REALTY LTD
- 604-727-7206
- danab.homes@gmail.com
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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