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$1,598,000

1988 KENSINGTON AVENUE

Burnaby · MLS® R3163452

7,781 sq ft lot

Land · Vacant Land · 29 days on market

Listed by Sophia Gee, Stonehaus Realty Corp.

Realtor's description

PRIME PARKCREST LOCATION ONLY 3 DOORS FROM SUMAS PARK!! 7781Sf lot with back lane access for you to build your family's dream home with laneway home or build mutifamily units. Close to both levels of school including French Immersion (Burnaby North Secondary, Alpha Secondary, Sperling Elementary), skytrain, Parkcrest Plaza & Kensington Plaza shopping, Amazing Brentwood and short distance to Simon Fraser University, BCIT, Burnaby Heights shops & restaurants Plus Metrotown. One of the finest neighborhoods in North Burnaby. Survey certificate available

Property details

Type: Land, Vacant Land
Lot: 7,781 sq ft
Parking: 0
Days on market: 29
MLS®: R3163452

Features

Central location

Price check

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 29 days

The market here

Listed now: 125 days; median for 35 homes for sale; this one 29 days

Homes in Burnaby. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$6,962/mo

Mortgage $6,962

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$6,962/ monthly

loan $1,278,400

25-year amortization

down payment20% · $319,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $810,300
property transfer tax: $29,960; BC general rate
cash to close: $349,560; down + PTT
total paid: $2,088,700

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 1,145 m² (12,325 sq ft) · PID 008-200-301. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Sperling Elementaryhomes in this catchment
600 m away · 2200 Sperling Ave, Burnaby · 604-296-9030

From the Burnaby School District 41's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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