5407 Canada Way

Deer Lake, Burnaby

5407 Canada Way
5407 Canada Way
5407 Canada Way
+8
9
 bed
4
 bath
4
 parking
3124
 sqft
Detached
* This unit size is calculated from property.ca data
$1,575,000
For Sale
23 hours
 on site
$1,575,000
* This unit size is calculated from property.ca data
Click to open the pre-gallery to get the direction
Get Directions
Size
3124 sqft
Lot size
10560 sqft
Street frontage
-
Possession
-
Price per sqft
$504
Taxes
$5,580.43 (2025)
Parking Type
-
Style
Single Family Re
See what's nearby
Description
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.
Broker: Macdonald Realty
MLS®#: R3110691
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Baseboard,
Style:
Single Family Re
MLS Size:
3124 sqft
Lot front:
88 Ft
Listed on:
Apr 13, 2026
Show all details
Rooms
LevelNameSizeFeatures
Main
Primary Bedroom
11.58 x 14.92 ft
Main
Bedroom
9.50 x 9.50 ft
Main
Bedroom
7.08 x 10.67 ft
Show all
Instant estimate:
orto view instant estimate
$23,399
higher than listed price
i
High
$1,695,744
Mid
$1,598,399
Low
$1,549,089
Have a home? See what it's worth with an instant estimate

Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.

Get an EstimateLearn More About Selling
6632 Canada Way
1/34
$1,699,000
78 days
6632 Canada Way
9BD
4BA
8 Parking
3,114 sqft
MLS#: R3083089
FaithWilson Christies International Real Estate
78 days
6693 Canada Way
1/20
$1,688,000
14 days
6693 Canada Way
9BD
4BA
6 Parking
2,938 sqft
MLS#: R3105004
RE/MAX Crest Realty
14 days
2 - 7822 Goodlad Street
1/40
$1,678,000
76 days
2 - 7822 Goodlad Street
6BD
4BA
2 Parking
2,684 sqft
MLS#: R3084142
Planet Group Realty Inc.
76 days
3878 Royal Oak Avenue
1/30
$1,699,000
72 days
3878 Royal Oak Avenue
6BD
4BA
4 Parking
3,374 sqft
MLS#: R3085122
Macdonald Realty
72 days

About 5407 Canada Way

Located at 5407 Canada Way, this Burnaby detached house is available for sale. It has been listed at $1575000 since April 2026. This 3124 sqft detached house has 9 beds and 4 bathrooms. Situated in Burnaby's Deer Lake neighbourhood, Burnaby Lake, Highgate, Edmonds and Central Burnaby are nearby neighbourhoods.

5407 Canada Way, Burnaby is a 3-minute walk from Tim Hortons for that morning caffeine fix and if you're not in the mood to cook, Deer Lake Wonton House, Viva Sue Pizza and Subway are near this detached house. Groceries can be found at Kenya Food & Spices which is a 3-minute walk and you'll find Northgate Dental Centre only a 5 minute walk as well. For those days you just want to be indoors, look no further than Burnaby Village Museum and Burnaby Art Gallery to keep you occupied for hours. 5407 Canada Way, Burnaby is only steps away from great parks like Wilton Avenue Park Site and Lubbock's Wood Park.

For those residents of 5407 Canada Way, Burnaby without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Eastbound Canada Way @ Rugby St) and is only steps away connecting you to Burnaby's public transit service. It also has route New West Station/brentwood Station, route Holdom Station/edmonds Station, and more nearby.

mls reciprocity

Disclaimer: 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. MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association.