5987 MALVERN AVENUE

5987 MALVERN AVENUE · Burnaby, Upper Deer Lake · House · 4 bed · 2 bath · $2,699,000 · MLS R3148541

Burnaby, British Columbia · Neighbourhood: Upper Deer Lake
C$2,699,000
For sale
5987 MALVERN AVENUE

5987 MALVERN AVENUE is located in Burnaby (Upper Deer Lake). Property snapshot: House, 4 bed, 2 bath, listed at $2,699,000, MLS R3148541. 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.

List Price: $2,699,000
MLS: R3148541
Bedrooms: 4
Bathrooms: 2
Interior Size: 2,598 sqft
Days on Market: -
Days on Site: 2
Deal Score: 50/100
Catchment Schools: Catchment schools include Morley Elementary, Burnaby Central Secondary
Price History: Latest recorded list price 2699000.00

Local Decision Guide

How should buyers evaluate 5987 MALVERN AVENUE?

Start by reading this listing in its Burnaby Upper Deer Lake 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 5987 MALVERN AVENUE?

This page shows a list price of $2,699,000 with MLS R3148541.

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

The page shows House, 4 bed, 2 bath at 5987 MALVERN AVENUE. 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 2699000.00.

Which catchment schools are associated with 5987 MALVERN AVENUE?

Catchment schools include Morley 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.

Remarks

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 (SSMUH) for exceptional development potential - subdivide and build up to 8 units, construct your dream home, or add a secondary suite to the unfinished basement. Enjoy an unbeatable location minutes to Deer Lake Beach, Shadbolt Centre for the Arts, Royal Oak Skytrain Station, Metrotown, Brentwood Mall, and both Royal Columbian and Burnaby Hospitals. 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:56153)

Property Details

House
Building Type
4
Bedrooms
2
Bathrooms
1957
Year Built
69 years
Age
2
Days on Site
11,090 sf
Lot Area
2,598 sqft
Interior Size
C$1,039
Price per Sqft

Transaction: For sale

Lot Frontage: 75 ft

Status: active

Listing ID: 30063578 (R3148541)

Become a VIP member for free. More details will be available.
The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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

Property Summary

Price: C$2,699,000

Lot Area: 11,090 sf

Lot Frontage: 75 ft

PID: 003-167-411

Days on Site: 2 days

Added to BurnabyHouse: 2026-07-21

Updated on: 2026-07-21 10:01 PM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

Morley Elementary ELEMENTARY
Fraser 2024: #982/1015 · score 2.7 · GIS map
Public · School District 41
7355 Morley St, Burnaby, BC
Straight-line distance about 538 m
Fraser 2019: #95/251 · score 6.5 · GIS map
Public · School District 41
6011 Deer Lake Parkway, Burnaby, BC
Straight-line distance about 1.7 km
Nearby Private Schools
Free sign-up unlocks nearby private school details
Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
About 1.3 km away
7119 Arcola Way
About 1.3 km away
6791 Kingsway
Shopping Centres
About 996.7 m away
About 1.4 km away
Parks / Green Space
About 367.5 m away
About 449.4 m away

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

Sold Area Stats

Free sign-up unlocks sold area stats
Includes sold count, median sold price, and median days on market.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

Newsletter

Enter your email to receive market updates and new listing alerts.

NEED TO CONSULT
A REALTOR?

We’re here for you!
Most inquiries receive a response within a few hours.
No spam. Just helpful answers.
You can also text Gary @ 778.801.1314

Classic Search

Recent News

Jul 22, 2026
Trump Announces 500,000 'Trump Accounts' With $1,000 Initial Deposit
Trump Announces 500,000 'Trump Accounts' With $1,000 Initial Deposit

President Donald Trump announced on July 22, 2026, that the U.S.. government has funded more than 500,000 "Tr…

Jul 22, 2026
North Vancouver—Capilano By-Election: Candidates Line Up as Carney Shuffles PMO
North Vancouver—Capilano By-Election: Candidates Line Up as Carney Shuffles PMO

The federal by-election in North Vancouver—Capilano is moving forward with candidates lining up, even as Prim…

Jul 22, 2026
Developer seeks rezoning for 275,000 sq ft industrial complex in Aldergrove
Developer seeks rezoning for 275,000 sq ft industrial complex in Aldergrove

An unnamed developer has filed applications with the Township of Langley to rezone a property at 28 Avenue an…

Jul 22, 2026
Langley Township Council to Review Truck Parking Policies Ahead of Oct. 17 Election
Langley Township Council to Review Truck Parking Policies Ahead of Oct. 17 Election

Langley Township Council has directed municipal staff to prepare an update on commercial vehicle parking poli…

Jul 22, 2026
North Shore Rescue reports surge in fatal outdoor incidents as summer peaks
North Shore Rescue reports surge in fatal outdoor incidents as summer peaks

North Shore Rescue and other provincial search and rescue teams are grappling with a surge in serious and fat…

Jul 22, 2026
WHO and WMO report calls for heat protections for B.C. workers
WHO and WMO report calls for heat protections for B.C. workers

A joint report released by the World Health Organization and the World Meteorological Organization is urging…

Jul 21, 2026
Eight Canadian Premiers Agree to Allow Direct-to-Consumer Alcohol Sales
Eight Canadian Premiers Agree to Allow Direct-to-Consumer Alcohol Sales

Eight Canadian premiers announced on Tuesday that they will allow residents to purchase alcohol directly from…

Jul 22, 2026
Vernon MP Scott Anderson Criticizes Provincial Housing Strategy at City Council
Vernon MP Scott Anderson Criticizes Provincial Housing Strategy at City Council

Vernon-Lake Country-Monashee MP Scott Anderson delivered a sharp critique of provincial social policies durin…

Jul 21, 2026
Kelowna to expropriate Hotel Eldorado boardwalk after six-year access dispute
Kelowna to expropriate Hotel Eldorado boardwalk after six-year access dispute

The City of Kelowna has authorized staff to begin the legal process of expropriating a disputed waterfront bo…

Listing data displayed on this page is provided under license and may be based in whole or in part on information supplied by members of The Canadian Real Estate Association, participating real estate boards, brokerages, and authorized data providers. MLS®, REALTOR®, and related marks are owned or controlled by The Canadian Real Estate Association. Listing information is deemed reliable but is not guaranteed accurate, complete, or current. Users should verify all material facts with a licensed REALTOR® on BurnabyHouse.com before making decisions.

Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Tue, 21 Jul 2026 07:57:30 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Real Broker B.C. Ltd.

BurnabyHouse AI Assistant