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5407 Canada Way
Deer Lake Burnaby V5E 3N5

$1,575,000
Residential beds: 9 baths: 4.0 3,124 sq. ft. built: 1969

Main Photo: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 1: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 2: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 3: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 4: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 5: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 6: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 7: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 8: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 9: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 10: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Photo 11: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3110691
Bedrooms:
9
Bathrooms:
4
Year Built:
1969
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.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Two Levels
Ownership:
Freehold NonStrata
Year built:
1969 (Age: 57)
Living Area:
3,124 sq. ft.
Floor Area - Unfinished:
0 sq. ft.
Building Area - Total:
3,124 sq. ft.
Levels:
Two
Bedrooms:
9 (Above Grd: 9)
Bathrooms:
4.0 (Full:3/Half:1)
Kitchens:
3
Rooms:
19
Taxes:
$5,580.43 / 2025
Lot Area:
10,560 sq. ft.
Lot Frontage:
88'
Lot Details:
88 x 120
Water Supply:
Public
Plan:
NWP16697
Construction Materials:
Frame Wood, Mixed (Exterior), Vinyl Siding
Foundation:
Concrete Perimeter
Basement:
Finished, Exterior Entry
Roof:
Asphalt
No. Floor Levels:
2.0
Floor Finish:
Mixed
Floor Area Fin - Above Grade:
1,255 sq. ft.
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
1,255 sq. ft.
Floor Area Fin - Below Main:
1,869 sq. ft.
Floor Area Fin - Below Grade:
0 sq. ft.
Floor Area Fin - Basement:
0 sq. ft.
Floor Area Fin - Total:
3,124 sq. ft.
Heating:
Baseboard, Forced Air, Mixed
Fireplaces:
2
Fireplace Details:
Gas, Wood Burning
Patio And Porch Features:
Sundeck
Parking Features:
Additional Parking, Open, Front Access
Parking:
Additional Parking, Open
# Of Parking Spaces - Total:
4
# Of Covered Spaces:
0.0
Parking Total/Covered:
4 / 0
Suite:
Unauthorized Suite
Central Location, Recreation Nearby, Shopping Nearby
Shopping Nearby
1
Window Coverings
Washer/Dryer, Stove
Window Coverings
LOT 4, PLAN NWP16697, DISTRICT LOT 85, GROUP 1, NEW WESTMINSTER LAND DISTRICT
Floor
Type
Size
Other
Main
Primary Bedroom
14'11" × 11'7"
-
Main
Bedroom
9'6" × 9'6"
-
Main
Bedroom
10'8" × 7'1"
-
Main
Dining Room
9'5" × 8'10"
-
Main
Kitchen
11'2" × 8'9"
-
Main
Living Room
13'8" × 13'1"
-
Main
Den
13'1" × 7'2"
-
Main
Foyer
7'3" × 4'9"
-
Below
Bedroom
12'8" × 11'3"
-
Below
Bedroom
8'8" × 8'6"
-
Below
Flex Room
13'1" × 6'10"
-
Below
Kitchen
15'10" × 6'1"
-
Below
Bedroom
13'1" × 8'2"
-
Below
Recreation Room
19'11" × 7'6"
-
Below
Bedroom
10'11" × 8'4"
-
Below
Bedroom
9'8" × 9'2"
-
Below
Kitchen
8'7" × 7'4"
-
Below
Living Room
11'6" × 8'6"
-
Below
Bedroom
9'8" × 9'7"
-
Floor
Ensuite
Pieces
Other
Main
No
4
Below
No
3
Below
No
2
Below
No
4
Age Restrictions:
No
Dist to Public Trans:
NEARBY
Dist to School Bus:
NEARBY
Property Disclosure:
Yes
Fixtures Leased:
No
Home Owners Association:
No
Original Price:
$1,575,000
Land Lease:
No
Zoning:
R1
Utilities:
Electricity Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
  • Photo 1: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
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  • Photo 2: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
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  • Photo 4: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
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  • Photo 10: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
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  • Photo 11: 5407 Canada Way in Burnaby: Deer Lake House for sale (Burnaby South)  : MLS®# R3110691
    Photo 11 of 11
Listed by Macdonald Realty
Data was last updated April 14, 2026 at 04:10 AM (UTC)
Area Statistics
Listings on market:
763
Avg list price:
$899,000
Min list price:
$38,800
Max list price:
$5,600,000
Avg days on market:
43
Min days on market:
3
Max days on market:
759
Avg price per sq.ft.:
$858.01
These statistics are generated based on the current listing's property type and located in Burnaby South. Average values are derived using median calculations. This data is not produced by the MLS® system.
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