Space, lifestyle and income in Burnaby Lake. Thoughtfully renovated and truly move-in ready, this split-level home sits on a beautifully landscaped 7,200 sq. ft. lot with a legal one-bedroom suite, updated plumbing/electrical, Kitchen Craft cabinetry, stone counters, high-end appliances and a new 2025 WETT-certified wood stove. Designed for real-life flexibility, it works beautifully for growing, extended or multi-generational families, with a large patio, green space, powered insulated shed for extra living, generous 4 ft crawlspace, carport and extra lane parking. Settle in with confidence, create rental income, or hold for future dream-home potential - all just minutes to parks, trails, schools, Hwy 1, Metrotown, SFU and BCIT.
Property details
4
Beds
3 full
Baths
2,385 ft²
Floor area
7,200 ft²
Lot size
1969
Year built
3
Parking
$6,432/yr
Gross tax
Location & structure
Single Family
Type
Finished
Basement
Yes
Carport
1
Fireplace
3 Level
Style
Listed
July 9, 2026
Style
3 Level
Basement
Finished
Structure
House
Frontage
60 feet
PID
002-964-201
Property highlights
Patio
Near SFU
Features & inclusions
Heating
Forced air, Natural gas
Parking
Carport
Lot
Central location
Additional details
Common interest
Freehold
Listed by Real Broker. Last updated Jul 9, 2026, 12:05 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
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 $359,600 down (20%) on $1,798,000, 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.
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
Inventory mix
What this area trades in
Within 3 km of this listing · 516 listings
Detached
195
37.8%
Condo / Apartment
174
33.7%
Townhouse
83
16.1%
Duplex
28
5.4%
Half-duplex
26
5.0%
Other
10
1.9%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Census 2021 dwelling structural-type mix · Burnaby · 135 dwellings
Single-detached90 · 66.7%
Apartment in duplex45 · 33.3%
Source: Statistics Canada · 2021 Census of Population
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 #59152900· Burnaby· Transit 84/100 (795m to rapid)· 1.97 km²
Median rent here
$1,600
Owner shelter cost
$1,590
Renters
11.5%
30%+ on shelter
11.5%
Population (2021)
414
Median age
46.0
Avg household size
3.0
Avg household income
$172,000
Renters
11.5%
Owners
88.5%
Immigrants
55.4%
Post-secondary
58.1%
Avg home value
$1,840,000
Single status
26.4%
Not in labour force
36.5%
Households with kids
39.3%
Median rent
$1,600
Owner shelter cost
$1,590
30%+ on shelter
11.5%
Breakdown
$25,000 to $29,999
5
3.8%
$35,000 to $39,999
5
3.8%
$50,000 to $59,999
15
11.5%
$60,000 to $69,999
10
7.7%
$80,000 to $89,999
10
7.7%
$90,000 to $99,999
10
7.7%
$100,000 to $124,999
15
11.5%
$125,000 to $149,999
10
7.7%
$150,000 to $199,999
25
19.2%
$200,000 and over
25
19.2%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152900).
Market story
Rent in Burnaby
Census 2021 avg $1,600/mo here · Vancouver 4BR rent (est) trend below
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
