Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · Burnaby

5987 Malvern Avenue

Burnaby, BC V5E3E7

$2,699,000

77 days on market

Bedrooms
4
Bathrooms
2
Floor area
2,598 sq ft
Type
House
Year built
1957
Parking
4
Taxes
$7,555.37 (2025)
MLS®
R3148541

About this home

YOUR NEXT BEST INVESTMENT! This rarely available parcel is located in Buckingham Heights - the most sought-after neighbourhood in Burnaby. This rancher with basement home sits on an expansive 11,090 sq.ft. lot with 75 feet of frontage, zoned Small-Scale Multi-Unit Housing for exceptional development potential - subdivide into TWO single-famly homes, build up to 8 units, construct your dream home, or add a secondary suite to the unfinished basement. Always verify zoning and development potential with the city. Enjoy an unbeatable location minutes to Deer Lake Beach, Royal Oak Skytrain Station, Metrotown, Brentwood Mall, and Burnaby Hospital. This is more than a property - it's a once-in-a-generation opportunity in one of Burnaby's most exclusive, established enclaves. Don't wait.

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Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$11,951
Strata fee$0
Property taxannual ÷ 12$630
Est. monthly total$12,580
Down payment + BC property transfer taxbefore any first-time buyer exemption$598,770

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Listing courtesy of Real Broker B.C. Ltd. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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