8246 Burnlake Drive, Burnaby, V5A 3K9

$2,999,999
Active Listed 1 week ago

Details

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Beds
6

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Bath
5

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Kitchens

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Built
1978

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Living Area
4343 SqFt.

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Lot Size
18094 SqFt.

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Frontage

Description

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 !

History

Mortgage



Downpayment
Rental Income
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Mortgages can be confusing. Got Questions? Call us 604-330-3784

Amenities

Retirement Community Shopping Nearby Garden Balcony Private Yard In Unit

Features

Washer/Dryer Dishwasher Refrigerator Stove Window Coverings

Site Influences

Retirement Community Shopping Nearby Garden Balcony Private Yard Private Recreation Nearby

Property Information

MLS® # R3007412
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens Login to View
Year Built 1978
Parking Carport Multiple,Open,RV Access/Parking
Tax $7,991 in 2024
Strata No NWP44446
Postal Code V5A 3K9
Address 8246 Burnlake Drive
Subarea Government Road
City Burnaby
Listed By RE/MAX City Realty

Floor Area (sq. ft.)

Main Floor 778
Above 3,038
Below 1,305
Total 4,343
 

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
05/26/2025 This Property 6 5 2 $2,999,999 Login to View 7 4 1978 4,343 sqft 18,094 sqft
03/25/2025

3685 Phillips Avenue

6 5 2 $2,828,800 Login to View 69 2 2000 5,282 sqft 10,592 sqft
05/14/2025

3556 Lakedale Avenue

6 4 2 $2,950,000 Login to View 19 2 2002 5,529 sqft 15,787 sqft
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
05/06/2025

7169 Cardinal Court

3 3 1 Login to View Login to View (-7.0%) Login to View 13 2 1971 2,637 sqft 9,570 sqft
04/29/2025

3150 Chrisdale Avenue

5 3 1 Login to View Login to View (-4.1%) Login to View 159 2 1975 2,928 sqft 10,625 sqft
03/27/2025

3605 Lynndale Crescent

5 5 2 Login to View Login to View (-10.4%) Login to View 113 2 1977 4,975 sqft 17,185 sqft
03/25/2025

7550 Dorchester Drive

8 8 3 Login to View Login to View (-5.8%) Login to View 22 2 2021 7,539 sqft 11,880 sqft
03/16/2025

3664 Lynndale Crescent

4 3 1 Login to View Login to View (-4.8%) Login to View 48 2 1976 2,528 sqft 9,900 sqft
03/14/2025

3619 Dalebright Drive

5 5 2 Login to View Login to View (1.6%) Login to View 4 2 1995 5,288 sqft 9,600 sqft
03/04/2025

3347 Lakedale Avenue

9 9 3 Login to View Login to View (-4.9%) Login to View 53 2 2024 7,051 sqft 13,416 sqft
01/24/2025

3509 Chrisdale Avenue

5 3 1 Login to View Login to View (-3.5%) Login to View 11 2 1967 3,081 sqft 9,440 sqft
12/09/2024

4 3 1 Login to View Login to View (3.5%) Login to View 7 2 1965 2,796 sqft 11,401 sqft
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
14 hours ago

102 3921 Carrigan Court

2 1 1 $527,000 Login to View 2 0 1973 870 sqft N/A
4 days ago

204 9521 Cardston Court

2 2 1 $576,000 Login to View 4 5 1983 925 sqft N/A
3 days ago

312 3921 Carrigan Court

1 1 1 $499,000 Login to View 5 1 1974 673 sqft N/A
4 days ago

311 9098 Halston Court

2 2 1 $738,800 Login to View 5 1 2007 867 sqft N/A
1 week ago

7522 Mark Crescent

6 4 3 $2,198,000 Login to View 10 2 1960 3,052 sqft 7,800 sqft
1 week ago

3968 Phillips Avenue

3 0 1 $2,499,999 Login to View 12 2 1954 1,800 sqft 21,675 sqft
1 week ago

206 9521 Cardston Court

2 2 1 $599,900 Login to View 13 1 1983 926 sqft N/A
2 weeks ago

3556 Lakedale Avenue

6 4 2 $2,950,000 Login to View 19 2 2002 5,529 sqft 15,787 sqft
2 weeks ago

2205 3970 Carrigan Court

1 1 1 $539,900 Login to View 19 1 1987 803 sqft N/A
2 weeks ago

304 9521 Cardston Court

2 2 1 $598,000 Login to View 19 1 1983 898 sqft N/A

Frequently Asked Questions About 8246 Burnlake Drive

What year was this home built in?

8246 Burnlake Drive, Burnaby, V5A 3K9 was built in 1978.

How long has this property been listed for?

8246 Burnlake Drive, Burnaby, V5A 3K9 was listed on 05/26/2025 by RE/MAX City Realty.

Is this property air conditioned?

8246 Burnlake Drive, Burnaby, V5A 3K9 does not have an air conditioner.

How wide is the lot?

The lot is 87.2 feet wide.

Is there a basement in this home?

Finished.
Preferred Day
Are you working with a realtor?
Are you pre-approved for mortgage?

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the BC Condos & Homes Team - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

Les Twarog

Contact: Les Twarog - RE/MAX Crest Realty

Call: 604-706-1760