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7235 Bayview Dr 2.54 Acres of Residential Land Offered at $4,522,649 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
Rare opportunity to acquire two adjoining parcels — 7235 Bayview Drive and 7356 Braeside Drive — totaling approximately 3.608 acres in Burnaby’s sought-after Westridge neighbourhood. Currently zoned R1 (Single Family Residential), these properties offer tremendous potential for luxury estate development or future densification through Small-Scale Multi-Unit Housing (SSMUH) opportunities being explored by the City of Burnaby.
The site’s expansive frontage, gently sloped topography, and panoramic Burrard Inlet and North Shore Mountain views make it ideal for custom single-family estates, duplexes, or clustered multi-unit infill concepts, subject to city approval. With the City’s new SSMUH policy aimed at introducing diverse ground-oriented housing forms — such as duplexes, fourplexes, and small-lot subdivisions — this site presents an exceptional long-term development prospect.
Situated minutes from Simon Fraser University, Barnet Marine Park, Kensington Square Shopping Centre, and top schools, this location combines natural beauty, privacy, and convenience. A unique opportunity for developers, builders, and investors to secure one of North Burnaby’s largest privately held residential land assemblies with both current R1 and emerging SSMUH potential.
The site’s expansive frontage, gently sloped topography, and panoramic Burrard Inlet and North Shore Mountain views make it ideal for custom single-family estates, duplexes, or clustered multi-unit infill concepts, subject to city approval. With the City’s new SSMUH policy aimed at introducing diverse ground-oriented housing forms — such as duplexes, fourplexes, and small-lot subdivisions — this site presents an exceptional long-term development prospect.
Situated minutes from Simon Fraser University, Barnet Marine Park, Kensington Square Shopping Centre, and top schools, this location combines natural beauty, privacy, and convenience. A unique opportunity for developers, builders, and investors to secure one of North Burnaby’s largest privately held residential land assemblies with both current R1 and emerging SSMUH potential.
PROPERTY FACTS
| Price | $4,522,649 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 | $4,522,649 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 | $4,522,649 USD | Lot Size | 2.54 AC |
| Price Per AC | $1,780,570.49 USD |
| Price | $4,522,649 USD |
| Price Per AC | $1,780,570.49 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 9,520,000.
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7235 Bayview Dr
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