5407 Canada Way
Deer Lake, Burnaby, BC

Active
$1,575,000
Listed By: Macdonald Realty
Listed 2 weeks ago

Details

Beds
9
Bath
4
Kitchens
3
Built
1969
Living Area
3124 SqFt.
Lot Size
10560 SqFt.
Frontage
88 Feet

Description

Prime Burnaby redevelopment opportunity on a rare 88 ft x 120 ft (10,560 sq ft) lot. Positioned on Canada Way, this property is zoned R1 SSMUH, allowing up to 6 units. A great prospect for builders and investors seeking scale and upside. Surrounded by key amenities, including steps away from transit, schools, major routes, and Deer Lake Park. Currently tenanted, providing reliable cash flow while you plan your project. A wide frontage parcel in a high-demand corridor with strong future potential. Secure your next high-value build site.

Amenities
Shopping Nearby

Features

Washer/Dryer Stove Window Coverings

Site Influences

Shopping Nearby Central Location Recreation Nearby

Location

Technical Information

MLS® # R3110691
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens 3
Year Built 1969
Parking Additional Parking,Open,Front Access
Tax $5,580 in 2025
Strata No NWP16697

Floor Area (sq. ft.)

Main Floor 1,255
Above 1,255
Below 1,869
Total 3,124
Access Sold Prices
My Sold Listings
See What You‘re Missing
Sold History
Bylaw Restrictions
Room Sizes
Click Here To Register

Recently Sold Houses In Deer Lake, Burnaby

Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
04/13/2026

7356 Punnett Close

2 3 1 Login to View ( -7.0%) Login to View 24 2 1990 3,012 sqft 13,762 sqft
11/14/2025

5388 Rugby Street

5 6 2 Login to View ( -11.8%) Login to View 234 2 1993 6,078 sqft 9,580 sqft

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.