5407 Canada Way, Deer Lake, Burnaby, V5E 3N5
4 Bath · MLS: R3110691
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.
History
About Deer Lake, Burnaby — Houses Market
Over the past 12 months, 6 houses have sold in Deer Lake, Burnaby, with properties spending an average of 80 days on market. Sign in to view sold price data.
There are currently 11 other houses for sale in Deer Lake. Browse all Deer Lake houses for sale.
Amenities
Features
Site Influences
Property 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 |
| Postal Code | V5E 3N5 |
| Address | 5407 Canada Way |
| Subarea | Deer Lake |
| City | Burnaby |
| Listed By | Macdonald Realty |
Floor Area (sq. ft.)
| Main Floor | 1,255 |
| Above | 1,255 |
| Below | 1,869 |
| Total | 3,124 |
Location
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/14/2026 | This Property | 9 | 4 | 3 | Login to View | Login to View | Login to View | 1 | 2 | 1969 | 3,124 sqft | 10,560 sqft |
| 04/13/2026 | 7356 Punnett Close |
2 | 3 | 1 | $3,198,000 | $2,975,000 (-7.0%) | Login to View | 24 | 2 | 1990 | 3,012 sqft | 13,762 sqft |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 week ago | 5420 Elwyn Drive |
6 | 6 | 3 | $2,990,000 | Login to View | 10 | 3 | 1981 | 4,810 sqft | 13,927 sqft |
| 1 month ago | 7668 Wheater Court |
4 | 4 | 1 | $4,998,000 | Login to View | 36 | 1 | 2006 | 1,482 sqft | 27,232 sqft |
| 1 month ago | 5987 Brantford Avenue |
5 | 2 | 1 | $1,750,000 | Login to View | 44 | 2 | 1935 | 2,100 sqft | 7,614 sqft |
| 1 month ago | 7698 Wheater Court |
7 | 6 | 1 | $3,498,000 | Login to View | 46 | 2 | 2015 | 6,333 sqft | 13,671 sqft |
| 1 month ago | 7488 Whelen Court |
5 | 4 | 1 | $3,698,000 | Login to View | 54 | 2 | 2013 | 4,057 sqft | 13,158 sqft |
| 1 month ago | 5809 Sperling Avenue |
8 | 7 | 3 | $3,628,888 | Login to View | 59 | 3 | 1992 | 6,403 sqft | 11,701 sqft |
| 2 months ago | 5570 Hampstead Place |
4 | 3 | 1 | $3,050,000 | Login to View | 74 | 2 | 1985 | 3,542 sqft | 8,476 sqft |
| 2 months ago | 5780 Malvern Avenue |
4 | 8 | 1 | $3,073,888 | Login to View | 75 | 2 | 1967 | 5,734 sqft | 25,257 sqft |
| 3 months ago | 5140 Sperling Avenue |
3 | 4 | 1 | $2,448,000 | Login to View | 116 | 2 | 1935 | 3,745 sqft | 9,864 sqft |
| 6 months ago | 5375 Gordon Avenue |
5 | 4 | 2 | $4,780,000 | Login to View | 187 | 2 | 1940 | 3,653 sqft | 19,180 sqft |
House for Sale in Deer Lake, Burnaby
House in Deer Lake, Burnaby. This 9 bedroom, 4 bathroom house offers 3,124 sq ft of living space ($479/sq ft) and was built in 1969. The property sits on a 10,560 sq ft lot in the Deer Lake neighbourhood of Burnaby. Home style: Residential Detached. Basement: Finished,exterior Entry. Parking: Additional Parking,Open,Front Access. Outdoor: Shopping Nearby, Central Location, Recreation Nearby. Building amenities include Shopping Nearby. Property features include Washer/Dryer, Stove, Window Coverings. Annual property taxes: $5,580 (2025). Listed by Macdonald Realty — MLS® #R3110691.
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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 BC Condos & Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC
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