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About this home

Amazing Central Park location! This beautifully maintained home is move-in ready and offers the perfect blend of comfort and convenience. Situated in one of Burnaby's most desirable neighbourhoods, you'll be just minutes from schools, transit, shopping, Central Park, and recreation facilities. Thoughtfully updated over the years, this home has been exceptionally cared for, allowing you to simply move in and enjoy. A fantastic opportunity for families, investors, or anyone looking for a wonderful place to call home. You won't be disappointed. Book your private showing today!

Property details

Beds

3 full

Baths

2,860 ft²

Floor area

6,468 ft²

Lot size

1977

Year built

Storeys

Parking

$6,902/yr

Gross tax

Location & structure

Single Family Residence

Type

Finished

Basement

Yes

Carport

Fireplaces

Burnaby South

Area

Central Park BS

Sub-area

Basement

Finished

Structure

Residential Detached

Property highlights

Balcony

Features & inclusions

Heating

Electric, Natural Gas

Parking

Additional Parking, Carport Single, Side Access

Additional details

Levels

Two

Main floor (ground)

1,430 ft²

Tax year

2025

Listed by Oakwyn Realty Northwest. Data from BCRES. Last updated Jun 25, 2026, 10:19 PM.

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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Mortgage estimate

Tax from listing

Est. monthly total

$10,393

/mo

Rate

Amortization

Principal and interest

$9,667

Property tax

$575

P&I

Tax

Down payment

$418,000 (20%)

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $418,000 down (20%) on $2,090,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Inventory mix

What this area trades in

Within 3 km of this listing · 965 listings

Condo / Apartment	546	56.6%
Detached	252	26.1%
Townhouse	72	7.5%
Duplex	55	5.7%
Half-duplex	28	2.9%
Other	12	1.2%

Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.

Housing stock here

What this neighbourhood is built of

Census 2021 dwelling structural-type mix · Burnaby · 180 dwellings

Apartment in duplex75 · 41.7%

Row house60 · 33.3%

Single-detached15 · 8.3%

Semi-detached15 · 8.3%

Low-rise apartment10 · 5.6%

Other single-attached5 · 2.8%

Source: Statistics Canada · 2021 Census of Population

Property analysisScored Jul 7

Buyer view7–10 year horizon

5.4% above area benchmark

$2,090,000 is 5.4% above the Burnaby South Single Family HPI benchmark of $1,983,300 (2026-04-01).

On a 7 to 10 year hold, price discovery vs the area benchmark drives outcomes. Today's price sits 5.4% above the GVR HPI for this segment.

Weak value signals, score 36.1 of 100Based on 6 of 9 signals · score likely 14.2 to 58

Area benchmark trend

Burnaby South single family benchmark price (GVR MLS® HPI), last 12 months

Price history accruingPartial carrying costRound-number price anchor

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Market story

Rent in Burnaby

Census 2021 avg $1,480/mo here · Vancouver 4BR rent (est) trend below

$4,044

latest · Jan 2025

↑15.9%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.

Vancouver CMA rental snapshot · 2025

Purpose-built vacancy

3.7%

Avg 2BR rent

$2,363

+2.2% YoY

Condo vacancy

1.5%

Avg 2BR condo rent

$2,900

Source: CMHC Rental Market Report (2025)

CMHCVancouver outlook

From the CMHC Spring 2026 Housing Supply Report · Mar 2026

Supply outlook

Where supply, demand, and prices are heading by 2035

CMHC scenario data, applied to this listing's metro area

House prices, 2024 to 2035

CMHC scenario comparison

18.4 percentage points

Building enough supply could keep prices 18.4 percentage points lower by 2035.

Source: CMHC supply-shortages report (2026)

Housing starts needed each year

Current pace vs CMHC supply target

7,245 units short

Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.

Source: CMHC supply-shortages report (2026)

Housing stock, 2024 to 2035

Projected dwellings under current trajectory

24.0 percentage points

Stock grows about 24.0% over the period under the business-as-usual scenario.

Source: CMHC supply-shortages report (2026)

Apartment construction pace

Apartment starts in 2025 vs the 10-year average

8.6% above

Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.

Source: CMHC supply spring 2026

Family-home construction pace

Houses and townhomes started in 2025 vs the 10-year average

20.9% below

Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.

Source: CMHC supply spring 2026

Neighbourhood demographics

Who lives in this small neighbourhood

The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.

Statistics Canada Area #59151348· Burnaby· Transit 81/100 (942m to rapid)· 0.09 km²

Median rent here

$1,480

Owner shelter cost

$820

Renters

71.4%

30%+ on shelter

30.6%

Population (2021)

547

Median age

38.4

Avg household size

3.0

Avg household income

$101,000

Renters

71.4%

Owners

31.4%

Immigrants

38.2%

Post-secondary

46.6%

Avg home value

$1,600,000

Single status

35.6%

Not in labour force

39.8%

Households with kids

51.4%

Median rent

$1,480

Owner shelter cost

$820

30%+ on shelter

30.6%

Breakdown

$20,000 to $24,999	5	2.8%
$30,000 to $34,999	5	2.8%
$35,000 to $39,999	5	2.8%
$40,000 to $44,999	10	5.6%
$45,000 to $49,999	10	5.6%
$50,000 to $59,999	10	5.6%
$60,000 to $69,999	20	11.1%
$70,000 to $79,999	10	5.6%
$80,000 to $89,999	10	5.6%
$90,000 to $99,999	10	5.6%
$100,000 to $124,999	30	16.7%
$125,000 to $149,999	20	11.1%
$150,000 to $199,999	15	8.3%
$200,000 and over	20	11.1%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151348).

5089 Inman Avenue

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About this home

Property details

Location & structure

Additional details

5.4% above area benchmark

5.4% above area benchmark

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