For Sale1d on market
5407 Canada Way
Burnaby, BC, V5E3N5 • Morley • Metro Vancouver Regional District
$1,575,000
$504/sqft
Down payment assistance available
9Beds
4Baths
3,124Sqft
0.24 acLot
1969Built
Property DNA
2 Fireplaces
Gas · Wood Burning
1d on Market
Listed Apr 13, 2026
Market activity
Demand and pricing signals for this listing
22 views
People checking out this listing
1 day on market
Just listed — act fast
$504/sqft
Price per square foot
About this home
Single Family · Built 1969
Prime Burnaby redevelopment opportunity on a rare 88 ft x 120 ft (10,560 sq ft) lot. Positioned on Canada Way, this property is zoned R1 SSMUH, allowing up to 6 units. A great prospect for builders and investors seeking scale and upside. Surrounded by key amenities, including steps away from transit, schools, major routes, and Deer Lake Park. Currently tenanted, providing reliable cash flow while you plan your project. A wide frontage parcel in a high-demand corridor with strong future potential. Secure your next high-value build site.
Estimated monthly payment
Based on current rates
$10,272/month
Principal & Interest$8,172
Property Tax$1,575
Insurance$525
Down payment20% ($315,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,260,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1969
HeatingBaseboard, Forced Air, Mixed
Parking4 Open Parking spaces
Lot10,454 sqft
Days on Zillow1 Day
Price/sqftC$504
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1969
Stories2
Systems
HeatingBaseboard, Forced Air, Mixed
Parking & Outdoor
ParkingAdditional Parking, Open, Front Access
BasementFinished,Exterior Entry
Fireplaces2
Lot10,454 sqft
Location & Tax
NeighborhoodMorley
Annual tax$5,580
Bathrooms & Fees
Full baths3
Features & details
7 categories of property features
Interior Features
Appliances
Washer/Dryer
Heating
Baseboard
Forced Air
Mixed
Fireplace
Gas
Wood Burning
Windows
Window Coverings
Exterior Features
Parking
Additional Parking
Open
Front Access
Lot Features
Central Location
Recreation Nearby
Community
Near Shopping
Listing insights
Market data and value estimates
StatusFor Sale
Days on market1
Price/sqft$504
On marketApr 13, 2026
PostedApr 13, 2026
MLS updatedApr 13, 2026
Tour days6
Views22
How are the schools in Burnaby?
2 schools rated nearby
Location
Burnaby, BC, V5E3N5
Nearby homes
Neighborhood details
Local context around this listing
Burnaby, BC • Metro Vancouver Regional District
Nearby neighborhoods
CascadeDouglasGarden VillageMaywoodOakallaParkcrestRichmond ParkWest Central ValleyWestridgeWindsor
Nearby cities
BurnabyCoquitlamDeltaLangleyMaple RidgeNew WestminsterNorth VancouverRichmond
Nearby zip codes
V3JV3NV5AV5BV5CV5EV5GV5HV5J
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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.
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