5987 Malvern Avenue
Burnaby · V5E 3E7
$13,264/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Burnaby · V5E 3E7
$13,264/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
YOUR NEXT BEST INVESTMENT! This rarely available parcel is located in Buckingham Heights — the most sought-after neighbourhood in Burnaby. This rancher with basement home sits on an expansive 11,090 sq.ft. lot with 75 feet of frontage, zoned Small-Scale Multi-Unit Housing (SSMUH) for exceptional development potential — subdivide and build up to 8 units, construct your dream home, or add a secondary suite to the unfinished basement. Enjoy an unbeatable location minutes to Deer Lake Beach, Shadbolt Centre for the Arts, Royal Oak Skytrain Station, Metrotown, Brentwood Mall, and both Royal Columbian and Burnaby Hospitals. This is more than a property — it's a once-in-a-generation opportunity in one of Burnaby's most exclusive, established enclaves. Don't wait.
4
Beds
2 full
Baths
2,598 ft²
Floor area
11,090 ft²
Lot size
1957
Year built
2
Storeys
4
Parking
$7,555/yr
Gross tax
Single Family Residence
Type
Unfinished
Basement
Yes
Garage
No
Carport
1
Fireplace
Burnaby South
Area
Upper Deer Lake
Sub-area
Rancher/Bungalow w/Bsmt.
Style
Style
Rancher/Bungalow w/Bsmt.
Basement
Unfinished
Structure
Residential Detached
Property highlights
Private yard
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Electric
Parking
Additional Parking, Garage Single, Front Access
Lot
Central Location, Recreation Nearby
Community
Shopping Nearby
Main floor (ground)
1,299 ft²
Tax year
2025
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$13,264
Principal and interest
Calculated estimate
$12,484
Property tax
Listing data
$630/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$2,699,000
Down payment
Calculated estimate
$539,800 (20%)
Estimated mortgage
Calculated estimate
$2,159,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Tax from listing
Est. monthly total
$13,264
/mo
Rate
%
Amortization
Principal and interest
$12,484
Property tax
$630
P&I
Tax
Down payment
$539,800 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $539,800 down (20%) on $2,699,000, 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.
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