About 5507 Dorset Street
Exceptional development opportunity: 6,732 SF south-facing corner site in Burnaby’s Royal Oak Urban Village, one block from SkyTrain. Designated for *Medium Density Mixed-Use*, this site supports a mid-rise project featuring ground-floor retail and five levels of residential. Estimated buildable area of 25,000–28,000 SF allows for 22–28 units (1BR, 2BR, and 3BR mix) plus 2,000–2,500 SF of prime commercial space and underground parking. Ideal for developers seeking a high-exposure, transit-oriented project in a rapidly evolving hub. *Note: All images are artist renderings for conceptual purposes only. Final design and density subject to municipal approval. Buyer/Agent to independently verify all zoning and development specifications.*
Property Details of 5507 Dorset Street
| Price | $2,999,000 |
|---|---|
| Type | Land |
| Title to Land | Freehold NonStrata |
| Property Taxes | $5,216 |
Amenities and Features
| Site Influences | Central Location, Lane Access, Private, Recreation Nearby |
|---|---|
| Has Pool | No |
| Is Waterfront | No |
Lot Size
| Lot Area | 6,561 |
|---|---|
| Frontage | 64 |
| Depth | 64.12 x 101.46 |
Listing Details
| MLS® # | R2997235 |
|---|---|
| Status | Active |
| Listing Date | May 1st, 2025 |
| Address | 5507 Dorset Street |
| Subdivision | Metrotown |
| Area | Burnaby South |
| Province | BC |