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
Sold for
$1,495,000
Listed for
$1,575,000
Sold on 
Apr 14, 2026
1 day
 on site
Sold for
$1,495,000
Listed for
$1,575,000
* This unit size is calculated from property.ca data
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Size
3124 sqft
Lot size
10560 sqft
Street frontage
-
Possession
-
Price per sqft
$479
Taxes
$5,580.43 (2025)
Parking Type
-
Style
Single Family Residence
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 Residence
MLS Size:
3124 sqft
Lot front:
88 Ft
Listed on:
Apr 13, 2026
Show all details
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About 5407 Canada Way

5407 Canada Way is a Burnaby detached house which was for sale. Listed at $1575000 in April 2026, the listing is no longer available and has been taken off the market (Sold Conditional) on 14th of April 2026. 5407 Canada Way has 9 beds and 4 bathrooms. 5407 Canada Way, Burnaby is situated in Deer Lake, with nearby neighbourhoods in Burnaby Lake, Highgate, Edmonds and Central Burnaby.

Some good places to grab a bite are Deer Lake Wonton House, Viva Sue Pizza or Subway. Venture a little further for a meal at one of Deer Lake neighbourhood's restaurants. If you love coffee, you're not too far from Tim Hortons located at 5059 Canada Way. Groceries can be found at Kenya Food & Spices which is only a 3 minute walk and you'll find Northgate Dental Centre 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. For nearby green space, Wilton Avenue Park Site and Lubbock's Wood Park could be good to get out of your detached house and catch some fresh air or to take your dog for a walk.

Transit riders take note, 5407 Canada Way, Burnaby is only steps away to the closest public transit Bus Stop (Eastbound Canada Way @ Rugby St) with route New West Station/brentwood Station, route Holdom Station/edmonds Station, and more.

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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.