5987 Malvern Avenue, Upper Deer Lake, Burnaby – 4 Bed House for Sale

$2,699,000
Active Listed 1 month ago
Key facts
Beds
4
Baths
2
Living area
1,446 sqft
Lot size
11,090 sqft
Frontage
View
Year built
1957
Property tax
$7,555/yr
MLS®
R3148541

Description

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.

Mortgage & Wealth

Your estimated monthly cost — including strata and taxes — and the equity you could build over 5 years on this $2,699,000 home. Adjust the two figures below to match your plan.

Monthly Cost
Mortgage payment
Property tax (est.)
Total / month
5-Year Wealth
Down payment
Mortgage paid down (5 yr)
Est. appreciation*
Equity after 5 yrs

*Assumes a conservative 3%/yr appreciation. Estimates only — your rate, term and CMHC costs may vary. Mortgage questions? Call us 604-330-3784

Mortgage Pre-Qualification

About Upper Deer Lake, Burnaby — Houses Market

Over the past 12 months, 16 houses have sold in Upper Deer Lake, Burnaby, with properties spending an average of 96 days on market. Sign in to view sold price data.

There are currently 15 other houses for sale in Upper Deer Lake. Browse all Upper Deer Lake houses for sale.

15
Active Listings
16
Sold (12 Mo)
96
Avg Days on Market

Amenities

Shopping Nearby Private Yard

Features

Washer/Dryer Dishwasher Refrigerator Stove Window Coverings

Site Influences

Shopping Nearby Private Yard Central Location Recreation Nearby

Property Information

MLS® # R3148541
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens 1
Year Built 1957
Parking Additional Parking,Garage Single,Front Access
Tax $7,555 in 2025
Postal Code V5E 3E7
Address 5987 Malvern Avenue
Subarea Upper Deer Lake
City Burnaby
Listed By Real Broker B.C. Ltd.

Floor Area (sq. ft.)

Main Floor 1,299
Above 1,299
Below 147
Unfinished 1,152
Total 1,446

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
07/21/2026 This Property 4 2 1 $2,699,000 Login to View 46 2 1957 1,446 sqft 11,090 sqft
07/09/2026

6346 Burns Street

7 6 3 $2,999,888 Login to View 58 2 2018 3,835 sqft 6,180 sqft
08/19/2026

6643 Imperial Street

8 7 3 $2,348,000 Login to View 17 2 2015 3,206 sqft 6,486 sqft
08/10/2026

6465 Kisbey Avenue

5 4 2 $2,990,000 Login to View 26 2 1990 3,925 sqft 7,300 sqft
08/10/2026

6807 Burns Street

6 5 2 $2,488,000 Login to View 26 2 2004 3,650 sqft 6,250 sqft
06/26/2026

6841 Burns Street

8 6 3 $2,780,000 Login to View 71 2 2008 3,968 sqft 6,875 sqft
08/03/2026

6835 Burford Street

5 6 2 $2,398,000 Login to View 33 2 2002 3,927 sqft 6,450 sqft
03/02/2026

6555 St. Charles Place

5 3 2 $2,480,000 Login to View 187 2 1965 2,687 sqft 7,810 sqft
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
08/23/2026

6235 Ashworth Avenue

4 2 1 $1,789,000 $1,750,000 (-2.2%) Login to View 75 2 1959 1,920 sqft 7,100 sqft
06/14/2026

6364 Parkview Place

3 3 1 $1,799,000 $1,690,000 (-6.1%) Login to View 109 2 1979 2,210 sqft 8,887 sqft
06/09/2026

6257 Berwick Street

4 1 1 $1,699,000 $1,610,000 (-5.2%) Login to View 48 2 1954 1,866 sqft 6,649 sqft
05/20/2026

6710 St Charles Place

6 3 2 $1,790,000 $1,630,000 (-8.9%) Login to View 65 2 1966 2,684 sqft 6,545 sqft
05/05/2026

6126 Dickens Street

7 6 3 $1,899,000 $1,850,000 (-2.6%) Login to View 48 2 1983 4,464 sqft 6,200 sqft
05/04/2026

6137 Service Street

4 3 1 $1,698,888 $1,765,000 (3.9%) Login to View 12 2 1968 2,570 sqft 7,695 sqft
04/23/2026

6851 Imperial Street

6 3 2 $1,749,000 $1,705,000 (-2.5%) Login to View 9 2 1986 2,768 sqft 4,865 sqft
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
4 days ago

5929 Imperial Street

7 2 2 $1,688,888 Login to View 5 3 1945 2,088 sqft 6,550 sqft
1 week ago

1 6139 Ashworth Avenue

7 6 2 $1,998,000 Login to View 9 3 2026 3,564 sqft 8,303 sqft
1 week ago

6258 Berwick Street

5 2 1 $1,738,880 Login to View 10 2 1954 2,597 sqft 6,678 sqft
2 weeks ago

6643 Imperial Street

8 7 3 $2,348,000 Login to View 17 2 2015 3,206 sqft 6,486 sqft
3 weeks ago

6465 Kisbey Avenue

5 4 2 $2,990,000 Login to View 26 2 1990 3,925 sqft 7,300 sqft
3 weeks ago

6807 Burns Street

6 5 2 $2,488,000 Login to View 26 2 2004 3,650 sqft 6,250 sqft
4 weeks ago

6291 Dickens Street

3 1 2 $1,750,000 Login to View 32 2 1954 1,670 sqft 6,625 sqft
1 month ago

105 5875 Imperial Street

2 2 1 $649,000 Login to View 32 0 1991 1,166 sqft N/A
1 month ago

6835 Burford Street

5 6 2 $2,398,000 Login to View 33 2 2002 3,927 sqft 6,450 sqft
1 month ago

6346 Burns Street

7 6 3 $2,999,888 Login to View 58 2 2018 3,835 sqft 6,180 sqft
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
2 weeks ago

911 Sperling Avenue

4 2 1 $1,529,000 Login to View 15 2 1949 2,105 sqft 5,902 sqft
3 weeks ago

8247 10th Avenue

4 2 2 $1,149,000 Login to View 25 2 1956 1,739 sqft 4,323 sqft
1 month ago

8326 Royal Oak Avenue

4 2 2 $1,349,900 Login to View 43 2 1955 1,952 sqft 6,552 sqft
1 month ago

3822 Kincaid Street

4 2 1 $1,699,000 Login to View 50 2 1950 2,055 sqft 6,100 sqft
1 month ago

3831 Marine Drive

4 2 1 $1,329,000 Login to View 53 2 1950 2,110 sqft 8,330 sqft
1 month ago

2510 Camrose Drive

4 2 2 $1,688,000 Login to View 53 2 1950 2,197 sqft 7,280 sqft
1 month ago

4802 Venables Street

4 2 2 $1,999,800 Login to View 60 2 1955 2,437 sqft 5,978 sqft
2 months ago

3896 Elmwood Street

4 2 2 $1,799,000 Login to View 65 2 1950 2,637 sqft 6,240 sqft
2 months ago

4843 Venables Street

4 2 1 $1,596,000 Login to View 78 2 1955 2,512 sqft 5,978 sqft
2 months ago

3057 Noel Drive

4 2 1 $1,480,000 Login to View 86 3 1958 1,644 sqft 7,320 sqft

House for Sale in Upper Deer Lake, Burnaby

House for sale in Upper Deer Lake, Burnaby — listed at $2,699,000. This 4 bedroom, 2 bathroom house offers 1,446 sq ft of living space ($1,867/sq ft) and was built in 1957. The property sits on a 11,090 sq ft lot in the Upper Deer Lake neighbourhood of Burnaby. Home style: Residential Detached. Basement: Unfinished. Parking: Additional Parking,Garage Single,Front Access. Outdoor: Shopping Nearby, Private Yard, Central Location, Recreation Nearby. Building amenities include Shopping Nearby, Private Yard. Property features include Washer/Dryer, Dishwasher, Refrigerator, Stove, Window Coverings. View: City & Mountain. Annual property taxes: $7,555 (2025). Listed by Real Broker B.C. Ltd. — MLS® #R3148541.

Frequently Asked Questions About 5987 Malvern Avenue

Common questions buyers ask about this listing:

What year was this home built in?

5987 Malvern Avenue, Burnaby, V5E 3E7 was built in 1957.

How long has this property been listed for?

5987 Malvern Avenue, Burnaby, V5E 3E7 was listed on 07/21/2026 by Real Broker B.C. Ltd..

Is this property air conditioned?

5987 Malvern Avenue, Burnaby, V5E 3E7 does not have an air conditioner.

How wide is the lot?

The lot is 75 feet wide.

Is there a basement in this home?

Unfinished.

Is there an open house scheduled?

Open house event(s) scheduled on: Saturday 12 September: 1:00 - 3:00PM, Sunday 13 September: 1:00 - 3:00PM.

What is the listing price of this house?

The listing price of 5987 Malvern Avenue, Burnaby, V5E 3E7 is $2,699,000.

How many bedrooms does this house have?

5987 Malvern Avenue, Burnaby, V5E 3E7 is a 4 bedroom, 2 bathroom house with 1446 sq ft of living space.

What is the square footage of this house?

5987 Malvern Avenue, Burnaby, V5E 3E7 has 1446 sq ft of living space.

What is the MLS® number for this house?

The MLS® number for 5987 Malvern Avenue, Burnaby, V5E 3E7 is R3148541.

What neighbourhood is this house in?

5987 Malvern Avenue, Burnaby, V5E 3E7 is located in the Upper Deer Lake neighbourhood of Burnaby, BC.

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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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