5565 GILPIN STREET

5565 GILPIN STREET · Burnaby, Deer Lake Place · House · 3 bed · 3 bath · $1,998,800 · MLS R3122943

5565 GILPIN STREET is located in Burnaby (Deer Lake Place). Property snapshot: House, 3 bed, 3 bath, listed at $1,998,800, MLS R3122943. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. C

List Price: $1,998,800
MLS: R3122943
Bedrooms: 3
Bathrooms: 3
Interior Size: 2,400 sqft
Days on Market: -
Days on Site: 26
Deal Score: 50/100
Catchment Schools: Catchment schools include Gilpin Elementary, Burnaby Central Secondary
Price History: Latest recorded list price 1998800.00
Burnaby, British Columbia · Neighbourhood: Deer Lake Place
C$1,998,800

Local Decision Guide

How should buyers evaluate 5565 GILPIN STREET?

Start by reading this listing in its Burnaby Deer Lake Place context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Burnaby listings should also be screened against SSMUH and provincial small-scale multi-unit housing rules. R1, R4 and R5 zoning may affect multiplex analysis, but they are not automatic buildability guarantees; lot dimensions, area, servicing, trees, parking, permits and current city interpretation still matter.

Burnaby SSMUH / R1 / R4 / R5 quick checklist
  • Confirm the zoning label: R1, R4, R5 or another district.
  • Check lot size, frontage, lane/driveway access, trees, parking and servicing.
  • Read SSMUH, provincial rules and Burnaby's current permit interpretation together.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5565 GILPIN STREET?

This page shows a list price of $1,998,800 with MLS R3122943.

What type of home is this Burnaby, Deer Lake Place listing?

The page shows House, 3 bed, 3 bath at 5565 GILPIN STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1998800.00.

Which catchment schools are associated with 5565 GILPIN STREET?

Catchment schools include Gilpin Elementary, Burnaby Central Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Burnaby listings be screened for SSMUH, R1, R4 and R5 risk?

Burnaby listings should be checked against SSMUH, provincial small-scale multi-unit housing policy, R1/R4/R5 zoning, lot size, frontage, servicing, trees, parking and permits. R1/R4/R5 are due-diligence signals, not automatic buildability.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

For sale
5565 GILPIN STREET

Remarks

Rare opportunity to own this well-maintained home situated on a huge 10,800 square ft flat lot with desirable north-south orientation in a prime Burnaby Location! Backing directly onto a peaceful park with lane access, this property offers exceptional privacy and a spacious, fenced & gated backyard, perfect for entertaining, gardening, kids or pets. Recent updates include new paint, updated flooring in selected areas (2026), updated drainage (2025), & newer covered upper sundeck (2014). Functional layout with double garage plus 3 extra secured parking spaces. Conveniently located near parks, schools, transit, shopping & amenities. Excellent opportunity for families, investors, or builders with strong future potential in a highly desirable neighborhood!! (id:56153)

Property Details

House
Building Type
3
Bedrooms
3
Bathrooms
1969
Year Built
57 years
Age
26
Days on Site
10,800 sf
Lot Area
2,400 sqft
Interior Size
C$833
Price per Sqft

Transaction: For sale

Lot Frontage: 60 ft

Status: active

Listing ID: 29742954 (R3122943)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,998,800

Lot Area: 10,800 sf

Lot Frontage: 60 ft

PID: 002-994-178

Days on Site: 26 days

Added to BurnabyHouse: 2026-05-12

Updated on: 2026-05-12 06:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Gilpin Elementary ELEMENTARY
Public · School District 41
5490 Eglinton St, Burnaby, BC
Straight-line distance about 210.7 m
Burnaby Central Secondary SECONDARY
Public · School District 41
6011 Deer Lake Parkway, Burnaby, BC
Straight-line distance about 556.1 m
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Wholesale Club
About 1.9 km away
5335 Kingsway
Boemma Euro Foods & Deli
About 2 km away
5172 Kingsway, Burnaby
Shopping Centres
Burnaby Farmer's Market
About 682.3 m away
4949 Canada Way
Burnaby Artisan Farmers' Market
About 730 m away
4949 Canada Way
Parks / Green Space
Gilpin Park
About 120.6 m away
Macey Park
About 670.2 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 12 May 2026 05:02:19 PM PDT

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