5987 Malvern Avenue, Burnaby
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. (id:1945)
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Property details for 5987 Malvern Avenue, Burnaby
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,598 square feet
- Lot Size
- 11090
- Basement
- Unfinished, Unknown, Unknown
- Parking
- Garage
- Heating
- Electric
- Ownership
- Freehold
- Annual Taxes
- $7,555 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 5987 Malvern Avenue
Active Listings
8
Min Price
$899,000
Max Price
$3,699,000
Avg Price
$1,919,238
Days on Market
108
days
Sold Listings
2
Min Sold Price
$1,049,000
Max Sold Price
$1,789,000
Avg Sold Price
$1,419,000
Days until Sold
91
days
Neighbourhood Census Data
Burnaby, British Columbia / Colombie-Britannique
Population
564
Median Age
46.7
Median Income
$27,328
Dwelling Value
$1,506,833
Housing Tenure
Owners 86%
Renters 14%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.1
Pop. Density: 2,608.7/km²
Avg Shelter Cost: $1,519/mo
Owners with Mortgage: 38.7%
Owners Spending 30%+: 32.3%
Tenants Spending 30%+: 0%
English only: 85.8%
English and French: 3.5%
Neither: 9.7%
Median Household Income: $84,736
Median Employment Income: $25,728
Price History
Listed
July 22, 2026
by Real Broker B.C. Ltd.
Current Price
$2,699,000
Type
Residential
For Sale
