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$1,550,000

5864 PIONEER AVENUE

Burnaby BC V5H 2X7 - Forest Glen BS
1 ba
1,376 sqft

About This Property

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…

Features

No Outdoor Area
Open
Shopping Nearby
Room measurements2 rooms▸
OtherMain · 8' × 8'
OtherBsmt · 8' × 8'

Property Details

MLS NumberR3117420
Property TypeOther
Bathrooms1
Square Feet1,376
Lot Size7,893 sqft
HeatingOther
Days on Market119
StatusActive
Listed ByOakwyn Realty Ltd.

School Catchment

Elementary Chaffey-Burke
Secondary Moscrop

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,800,000Median home value
$86,000Median household income
62.2%Owner-occupied
22.4%Single-detached homes
2.7Avg household size
43.6Median age
44.8%Bachelor's degree or higher (25-64)
51.3%Commute under 30 min
67.9%Drive to work
56.5%Foreign-born residents
3,810Neighbourhood population

Age

Under 15: 10.8%15 to 64: 68.8%65 and over: 20.5%
  • Under 1510.8%
  • 15 to 6468.8%
  • 65 and over20.5%

Household size

  • 1 person21.2%
  • 232.4%
  • 317.3%
  • 417.6%
  • 5 or more11.5%

Language spoken at home

33.4% English mother tongue

  • Mandarin21.4%
  • Cantonese10.8%
  • English + other4.9%
  • Tagalog3.2%
  • Punjabi3%
  • Spanish2.4%
  • All others20.9%

Mother tongue, share of 3,785 residents.

How this pocket differs

  • notably more 5+ person households than Burnaby South 11.6% vs 7.7%
  • more 4-person households than Burnaby South 17.7% vs 12.3%
  • fewer people living alone than Burnaby South 21.3% vs 30.4%
  • more Punjabi speakers than Burnaby South 3% vs 2.3%
  • more Mandarin speakers than Burnaby South 21.4% vs 17.4%
  • Median dwelling value is notably higher than Metro Vancouver $1,800,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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Monthly Cost Calculator

Estimated monthly cost $7,857
Mortgage payment$7,057
Property tax$645
Home insurance$155
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 24

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