Prime Development Opportunity Near Metrotown! This rare 7,893 sq ft lot offers incredible potential with the ability to build up to 6 homes (verify with City). Located just minutes from Metrotown, this flat, build-ready property features lane access and oil tank removed—no cleanup needed. Ideal for builders and investors looking for a high-yield project in one of Burnaby’s most desirable neighborhoods. Don’t miss this chance to capitalize on future growth in a rapidly developing area!
| Basement Finished Area (sqft) | 685 |
|---|---|
| Basement Features | Full |
| Heating Type | Other |
| # of Kitchens | 0 |
| Flooring | Other |
| Foundation | Other |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Other |
| Structures | Residential Detached |
| Price | $1,849,900 |
|---|---|
| Total Bedrooms | 0 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1376 |
| Age Of Building | 999 |
| Building Type | Other |
| Property Type | Residential |
| Architecture Style | Other |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open |
| Lot Size | 7893 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 48.5 |
| MLS® # | R3117420 |
| Area | Burnaby South |
| Neighbourhood | Forest Glen BS |
| City | Burnaby |
| Postal Code | V5H 2X7 |
| Gross Taxes | $7,736.54 |
| Zoning | R1 |
| Status | Date | Price |
|---|---|---|
| R3117420 / Active | 04-29-2026 | $1,849,900 |
| R3065787 / Terminated | 11-07-2025 | $1,850,000 |
| R3016270 / Terminated | 06-17-2025 | $1,948,800 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Other | 8' x 8' ft |
| Basement Level | Other | 8' x 8' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
5864 Pioneer Avenue 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 V5H 2X7, 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 (~2.1 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 5864 Pioneer Avenue | |||||
Calculate your commute
5864 Pioneer Ave, Burnaby, BC is ideally located for commuters. The property is 0.7 km from Metrotown, with a 29 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Willingdon Ave @ Grafton St (0.17 km). Walk Score Transit rating: Excellent Transit (84/100).
No active comparable properties are currently available for this property type in Burnaby. The price evaluation chart will update as similar listings enter the market.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$1,299,999
1 4910 Laurel Street, Burnaby, BC
$1,899,000
1161 Keefer Street, Vancouver, BC
12.5% price reduction
$1,749,900
604 Rochester Avenue, Coquitlam, BC
9.1% price reduction
$2,359,000
406 Union Street, Vancouver, BC
$1,799,000
842 St. Denis Avenue, North Vancouver, BC
$1,488,888
11903 98 Avenue, Surrey, BC
$1,388,000
101 957 Edgar Avenue, Coquitlam, BC
$1,299,000
102 957 Edgar Avenue, Coquitlam, BC
$1,299,000
9388 Tomicki Ave & Odlin Road, Richmond, BC
$1,298,000
101 1211 Thomas Avenue, Coquitlam, BC
$2,049,000
1436 Bewicke Avenue, North Vancouver, BC
$1,690,000
2952 W 8th Avenue, Vancouver, BC