INCREDIBLE OPPORTUNITY! Priced below a standard building lot but with 12 storey building upside! This is simply the best redevelopment opportunity in Burnaby! Right at the cross street of Royal Oak & Imperial. This expansive 6273 sqft south-facing lot is an exceptional MULTIPLEX 12 storey MID-RISE DEVELOPMENT OPPORTUNITY perfect for investors and builders alike. Located on Imperial St and Royal Oak (part of the new Royal Oak community plan) STEPS from Royal Oak Skytrain Station, minutes from Metrotown, Easy access to public transit, Highgate village, Schools & Parks. The Property can be sold individually or packaged with 5263 Imperial St right next door. Don't miss this chance.
| Basement Finished Area (sqft) | 837 |
|---|---|
| Basement Features | Unfinished |
| Heating Type | Other |
| # of Kitchens | 1 |
| Flooring | Wall/Wall/Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,499,900 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1674 |
| Year Built | 1943 |
| Age Of Building | 83 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Open |
| Total Parking Spaces | 4 |
| Lot Size | 6250 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 0 |
| MLS® # | R3139615 |
| Area | Burnaby South |
| Neighbourhood | Metrotown |
| City | Burnaby |
| Postal Code | V5J 1E5 |
| Gross Taxes | $7,804.57 |
| Zoning | M4 |
| Status | Date | Price |
|---|---|---|
| R3139615 / Active | 06-24-2026 | $1,499,900 |
| R3106224 / Terminated | 04-01-2026 | $1,899,999 |
| R3080146 / Terminated | 01-15-2026 | $2,249,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10' x 10' ft |
| Main Level | Kitchen | 11' x 11' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Basement Level | Bedroom | 20' x 20' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | No | #4 |
Listed by: Sutton Centre Realty
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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
5277 Imperial Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 1E5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~0.8 km). Annual avg AQHI 2.2 — Low Risk.
Burnaby currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 5277 Imperial Street | |||||
Calculate your commute
5277 Imperial St, Burnaby, BC is ideally located for commuters. The property is 0.2 km from Royal Oak, with a 26 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Beresford St @ Royal Oak Ave (0.25 km). Walk Score Transit rating: Excellent Transit (82/100).
Comparable data is unavailable at the neighbourhood level. City-wide in Burnaby, similar Single Family Residences average $1,732,150 across 6 active listings — this listing is 13.4% below the Burnaby average.
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