7258 RIDGE DRIVE - Main photo, Burnaby, British Columbia

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$1,399,000

7258 RIDGE DRIVE — Burnaby, British Columbia

V5A1B5

7,847Lot Sq Ft

Listed by Oakwyn Realty Ltd.

About This Property

Rare development opportunity priced $400K below BC Assessment in a prime Burnaby location! 7258 Ridge Drive offers a 7,850 sq.ft. building lot zoned R1, with the City of Burnaby´s new Small-Scale Multi-Unit Housing (SSMUH) framework allowing for up to 6 residential units per legal lot. The property is vacant land with no existing structure and is best suited for an experienced developer or builder prepared to unlock its full potential. The lot configuration and site conditions will require thoughtful planning. Located in an established neighbourhood surrounded by low-density housing, this site presents an opportunity to deliver missing-middle housing. (id:63357)

Property Details

Property Type: Detached
Status: Active

Location & Neighborhood

What's nearby 7258 RIDGE DRIVE

Transit Access

Hastings St (EB) at Duthie Ave
Bus Stop
0.4 km
Inlet Dr (EB) at Ridge Dr
Bus Stop
0.4 km
Hastings St (WB) at Duthie Ave
Bus Stop
0.4 km
Duthie Ave (SB) at Hastings St
Bus Stop
0.4 km
Inlet Dr (WB) at Ridge Dr
Bus Stop
0.4 km

Local Amenities

Coffee & Cafes

Blossom Teas0.3 km

Other

Unnamed0.5 km

POI data updated 2/5/2026

Burnaby Market Snapshot

1,612

Active Listings

$889K

Median Price

Avg Days on Market

Last updated: Jan 27, 2026

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Listed by

Oakwyn Realty Ltd.

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$1,399,000