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7235 Bayview Dr 2.54 Acres of Residential Land Offered at $4,244,811 USD in Burnaby, BC V5A 4T3
Investment Highlights
- Two adjoining parcels totaling approx. 3.608 acres in Burnaby’s prestigious Westridge neighbourhood
- Panoramic views of Burrard Inlet and North Shore Mountains
- Potential for Small-Scale Multi-Unit Housing (SSMUH) under Burnaby’s new housing framework
- Rare opportunity to acquire one of the largest remaining residential land assemblies in North Burnaby
Executive Summary
Exceptional opportunity to acquire a 3.608-acre land assembly in the prestigious Westridge neighbourhood of North Burnaby, consisting of 7356 Braeside Drive and 7235 Bayview Drive, to be sold together. This expansive site offers stunning views of Burrard Inlet and the North Shore Mountains and is located in one of Burnaby’s most desirable residential areas.
The properties are zoned R1 – Small-Scale Multi-Unit Housing (SSMUH) under the City of Burnaby’s new zoning framework, creating significant potential for multiplex or small-scale multi-unit residential development. The large site area and prime location also make it suitable for builders or investors seeking a long-term hold with future redevelopment upside, or the opportunity to build a luxury estate residence on a rare large private property in North Burnaby.
The property is ideally positioned minutes from Simon Fraser University (SFU), Burnaby Mountain parks, golf courses, top schools, and major shopping amenities, with convenient access to major transportation routes throughout Metro Vancouver.
Opportunities of this scale and location in North Burnaby are extremely limited, making this a compelling acquisition for developers, builders, and strategic investors.
Total Asking Price (Both Properties): $8,568,000
7356 Braeside Drive Asking Price: $2,758,000
Past studies are available in the data room. All measurements are approximate and taken from BC Assessment; buyers to verify if important.
Do not walk the property without a confirmed appointment.
Data Room Click Here to Access
Property Facts
| Price | $4,244,811 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Assemblage | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 2.54 AC |
| Zoning | R1 - Small Scale Multi Unit Housing District ( R1) | ||
| Price | $4,244,811 USD |
| Sale Type | Investment |
| Sale Condition | Assemblage |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 2.54 AC |
| Zoning | R1 - Small Scale Multi Unit Housing District ( R1) |
1 Lot Available
Lot
| Price | $4,244,811 USD | Lot Size | 2.54 AC |
| Price Per AC | $1,671,185.45 USD |
| Price | $4,244,811 USD |
| Price Per AC | $1,671,185.45 USD |
| Lot Size | 2.54 AC |
Rare opportunity to acquire two adjoining parcels — 7235 Bayview Dr & 7356 Braeside Dr — totaling 3.6 acres in Burnaby’s Westridge. R1 zoning .Combined Value is $8,568,000
Description
North Burnaby Land Assembly – 3.608 Acres | Prime Development Opportunity Exceptional opportunity to acquire a 3.608-acre land assembly in the prestigious Westridge neighbourhood of North Burnaby, consisting of 7356 Braeside Drive and 7235 Bayview Drive, to be sold together. This expansive site offers stunning views of Burrard Inlet and the North Shore Mountains and is located in one of Burnaby’s most desirable residential areas. The properties are zoned R1 – Small-Scale Multi-Unit Housing (SSMUH) under the City of Burnaby’s new zoning framework, creating significant potential for multiplex or small-scale multi-unit residential development. The large site area and prime location also make it suitable for builders or investors seeking a long-term hold with future redevelopment upside, or the opportunity to build a luxury estate residence on a rare large private property in North Burnaby. The property is ideally positioned minutes from Simon Fraser University (SFU), Burnaby Mountain parks, golf courses, top schools, and major shopping amenities, with convenient access to major transportation routes throughout Metro Vancouver. Opportunities of this scale and location in North Burnaby are extremely limited, making this a compelling acquisition for developers, builders, and strategic investors. Total Asking Price (Both Properties): $8,568,000 7356 Braeside Drive Asking Price: $2,758,000 Past studies are available in the data room. All measurements are approximate and taken from BC Assessment; buyers to verify if important. Do not walk the property without a confirmed appointment.
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7235 Bayview Dr
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