- Active
7289 DOW Avenue
Burnaby · Vacant Land
- Lot size
- 12,078 ft²
- Built
- 1955
Listed by Sutton Group - 1st West Realty · MLS® C8081082
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About this home
BUILDER ALERT! Rare 12,078 SF Flat Rectangular Lot in Metrotown: 66° x 185" with Lane Access! Exceptional development opportunity. Zoned R1/SSMUH under Burnaby's updated Zoning Bylaw, this lot offers strong potential for up to 4 detached homes at approx. 3,761 SF each, or explore ‘multiplex/rowhouse configurations per current City regulations. Lane access adds flexibility for design and parking. Oil tank already removed. Unbeatable central location just minutes to top schools, shopping, restaurants, and Skytrain station. Prime holding or immediate build opportunity in one of Metrotown's most sought-after pockets. Buyer/Buyer's agent to verify all zoning, unit count, and development potential with the City of Burnaby. Don't miss this rare offering!
Home facts
- Lot size
- 12,078 sq ft
- Year built
- 1955
- Property type
- Vacant Land
- Listed
- August 7, 2026
Features and inclusions
- Lot
- Lane
Rooms and building
- Water
- Utilities
- Water, Sewer, Natural Gas, Electricity, Telephone
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $11,375
- Property tax
- $700/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $12,225
Purchase snapshot
- List price
- $2,400,000
- Down payment
- $480,000 (20%)
- Estimated mortgage
- $1,920,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $7,881
- At 3.2837 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vancouver
Ten year average, 2016–2025.
- Average temperature
- 10.6°C
- Daily mean across the year.
- Yearly precipitation
- 1,141 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 1,938 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 63%
Who lives here
Documents
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