Forgot password Extend Verify Contact

5017 Pioneer Avenue
Forest Glen BS Burnaby V5G 3J5

$2,700,000
Land Commercial, Multi-Family Commercial

View of front facade with a shingled roof and a chimney
Photo 1: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
Photo 2: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
Photo 3: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
Photo 4: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
Photo 5: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
Photo 6: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
Photo 7: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8070756
Build. Type:
Freestanding
Land Assembly! Area ready for redevelopment! 4965 and 5017 Pioneer Avenue can be sold in conjunction with 4949 Pioneer Avenue. 3 lots totalling 23,424 sqft can be sold as a package. The draft Burnaby OCP 2050 designates 6 story apartments for this assembly. Each lot currently zoned for a 6 unit Multiplex.(Potentially 18 units with City approval)Prime South Burnaby location close to Metrotown, BCIT, Highway 1, City Hall,2 Schools and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1, Lougheed Hwy and Kingsway. A great opportunity with a terrific upside!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Construction:
Frame Wood
Building Type:
Freestanding
Year built:
1958 (Age: 68)
Living Area:
2,402 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
64'
Lot Area:
7,808 sq. ft.
Acres Freehold:
0 sq. ft.
Zoning:
Potential to Redevelop:
Draft Burnaby OCP indicates lowrise 6 story apartments, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Forced Air
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection, Natural Gas Connected, Street Lighting
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
800179713
Taxes:
$6,600.97 / 2024
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Draft Burnaby OCP indicates lowrise 6 story apartments, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
    View of front facade with a shingled roof and a chimney
  • Photo 2: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
    Aerial perspective of suburban area
  • Photo 3: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
    Aerial perspective of suburban area
  • Photo 4: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
    Aerial view
  • Photo 5: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
    Aerial view of property's location with nearby suburban area and a large body of water
  • Photo 6: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
    Aerial overview of property's location featuring a mountainous background
  • Photo 7: 5017 Pioneer Avenue in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8070756
    Aerial overview of property's location featuring city skyline and nearby suburban area
Listed by Sutton Group-West Coast Realty
Data was last updated May 15, 2026 at 04:10 AM (UTC)
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.