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5854 Burns Place

Burnaby, BC V5H 1X1
  • $2,198,000
  • STATUS: Active
  • ID#: R2962343
$2,198,000
  • 5
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,619
    SQFT
  • $839
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
Built:
1970

Description

Prime development potential meets rental opportunity in this expansive 8,776 sqft property in Upper Deer Lake. With 5 bedrooms and 3 bathrooms, this home offers ample space for both comfortable living and investment. The large lot, featuring a laneway, provides a unique opportunity for future development, including the potential to add a laneway house for extra income. Currently generating $9,000 per month in rental income, this property is located in a highly sought-after neighborhood, promising both immediate appeal and significant long-term value growth. A rare find for investors and homebuyers alike!

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© 2025 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Last updated: 2025-02-11T23:53:54.987
www.pulserealestate.ca/homes/159940264
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5854 Burns Place Burnaby, BC V5H 1X1

  • Price: $2,198,000
  • Status: Active
  • On Site: Days
  • ID#: R2962343
5
Beds
2
Baths
1
½ Baths
0.2
Acres
2,619
SQFT
$839
$/SQFT
1970
Built
Neighbourhood:
Burnaby South
Area:
Burnaby South
Property Description
Prime development potential meets rental opportunity in this expansive 8,776 sqft property in Upper Deer Lake. With 5 bedrooms and 3 bathrooms, this home offers ample space for both comfortable living and investment. The large lot, featuring a laneway, provides a unique opportunity for future development, including the potential to add a laneway house for extra income. Currently generating $9,000 per month in rental income, this property is located in a highly sought-after neighborhood, promising both immediate appeal and significant long-term value growth. A rare find for investors and homebuyers alike!
Exterior Features

Carport YN No Exterior Features Private Yard Frontage Length 0 Garage YN Yes Lot Features Central LocationCul-De-SacRecreation Nearby Parking Features Garage DoubleLane Access Parking Total 6 Structure Type Residential Detached Waterfront YN No

Interior Features

Appliances Washer/DryerDishwasherRefrigeratorCooktop Basement None Basement YN No Heating Forced AirNatural Gas Heating YN Yes Laundry Features In Unit Levels Two Main Floor Finished Area 1379

Property Features

Association YN No Building Area Total 2619 Community Features Shopping Nearby Land Lease YN No Ownership Freehold NonStrata Property Sub Type Single Family Residence Senior Community YN2 No Tax Annual Amount 6147.18 Tax Year 2023

Canada - Vancouver, Fraser Valley, & Chilliwack BC logo Listing provided courtesy of LeHomes Realty Premier. © 2025 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
© 2025 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Last updated: 2025-02-11T23:53:54.987
 
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Pulse Real Estate Group | Keller Williams
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PORT COQUITLAM BC, V3B1A8