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Development opportunity in an established Burnaby neighbourhood. This 7,847 sq.ft. vacant R1-zoned lot falls within Burnaby's Small-Scale Multi-Unit Housing (SSMUH) framework, with the potential for up to six residential units, subject to City of Burnaby regulations and buyer verification. With no existing structure, the property is ready for redevelopment. The lot configuration and site conditions require careful planning and may be best suited for experienced builders or developers. Land is sold as is, where is. Buyer to conduct their own due diligence regarding zoning, development potential, servicing, lot configuration, and all municipal requirements.
| Structures | Land Only |
|---|
| Price | $1,388,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable At Lot Line |
| Water (WaterSource) | Public |
| Lot Size | 7847 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 37.6 |
| MLS® # | R3142450 |
| Area | Burnaby North |
| Neighbourhood | Westridge BN |
| City | Burnaby |
| Postal Code | V5A 1B5 |
| Gross Taxes | $6,402.19 |
| Zoning | R1 |
Listed by: Dracco Pacific Realty & Dracco Pacific Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
7258 Ridge Drive has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced 58.9% below comparable active properties in Westridge BN, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.7% and an area average of 37 days on market — buyers have more leverage. With only 247 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 1B5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby Kensington Park, Burnaby (~1.5 km). Annual avg AQHI 1.9 — Low Risk.
Burnaby currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
11 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Westridge Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance947 m
|
|
Lochdale Community Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.39 KM
|
|
Burnaby Continuing Education |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.69 KM
|
|
Burnaby North Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance1.74 KM
|
|
St. Helen's |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.93 KM
|
|
Montecito Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.06 KM
|
|
Aubrey Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.19 KM
|
|
Capitol Hill Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.20 KM
|
|
Sperling Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.37 KM
|
|
Parkcrest Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.49 KM
|
|
Sherwood Park Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.82 KM
|
Calculate your commute
7258 Ridge Dr, Burnaby, BC is ideally located for commuters. The property is 2.8 km from Sperling, with a 58 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Hastings St @ Duthie Ave (0.35 km). Walk Score Transit rating: Good Transit (51/100).
Buy Vs Rent Calculator
Rent vs own
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Comparable data is unavailable at the neighbourhood level. City-wide in Burnaby, similar properties average $3,381,111 across 6 active listings — this listing is 58.9% below the Burnaby average. This property is flagged as a Hot Deal (58.9% cheaper than comparables) based on its competitive pricing and market demand.
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