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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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4729 Canada Way, Burnaby
MLS®: R3090774
2994
Sq.Ft.
3
Baths
4
Beds
8,100
Lot SqFt
1978
Built
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Description
Prime development opportunity in Burnaby’s sought-after Frequent Transit Network Area (FTNA). Zoned R1, allowing up to 6 units under the R1 SSMUH bylaw with no planning approval required. OCP (Dec 9, 2025) designates R2 – Townhouse (up to 4 storeys), offering strong future rezoning potential supported by Council. Buyer to verify with the City and complete their own due diligence. Gorgeous, tastefully renovated home featuring modern finishes, bright open living spaces, and meticulous upkeep—ideal to live in or hold for rental income. Close to Burnaby Hospital, BCIT, Parks, schools transit and all amenities.
Taxes (2025): $5,702.47
Amenities
Shopping Nearby
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
