5987 MALVERN AVENUE, Burnaby BC

YOUR NEXT BEST INVESTMENT! This rarely available parcel is located in Buckingham Heights — the most sought-after neighbourhood in Burnaby. This rancher with basement home sits on an expansive 11,090 sq.ft. lot with 75 feet of frontage, zoned Small-Scale Multi-Unit Housing for exceptional development potential — subdivide into TWO single-famly homes, build up to 8 units, construct your dream home, or add a secondary suite to the unfinished basement. Always verify zoning and development potential with the city. Enjoy an unbeatable location minutes to Deer Lake Beach, Royal Oak Skytrain Station, Metrotown, Brentwood Mall, and Burnaby Hospital. This is more than a property — it''s a once-in-a-generation opportunity in one of Burnaby''s most exclusive, established enclaves. Don''t wait.

House for sale in Upper Deer Lake, Burnaby — listed at $2,699,000. This 4 bedroom, 2 bathroom home offers 1,446 sq ft of living space ($1,867/sq ft) and was built in 1957. Located in Upper Deer Lake, Burnaby. Home style: Residential Detached. Parking: Additional Parking,Garage Single,Front Access. Building amenities include Shopping Nearby, Private Yard. Features: Washer/Dryer, Dishwasher, Refrigerator, Stove, Window Coverings. Annual property taxes: $7,555 (2025). Listed by Real Broker B.C. Ltd. — MLS® #R3148541.

School distances are approximate. Visit the school district website to confirm catchment areas.

Mortgage Calculator

Sign in to view price history and past MLS activity for this property.