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$1,329,000

3831 MARINE DRIVE

Burnaby · MLS® R3168250

4 bed · 2 bath · 2,110 sq ft · 8,330 sq ft lot · 6 parking

House · Single Family · built 1950 · 17 days on market

Listed by Roger Rampuri, Sutton Centre Realty

Realtor's description

Builders welcome, Multiplex zoning opportunities or build a grand single-family estate, this massive lot provides the perfect canvas. The central location offers easy access to local amenities, transit, and schools, making it an ideal spot for future development.This is an older home brimming with original character, waiting for a creative touch or a fresh start.Features two cozy wood-burning fireplaces and a function, A large deck overlooks the substantial backyard, perfect for entertaining. A suite, offering potential rental income during the planning phases. The home is in original condition and requires updating, providing a blank slate for a complete renovation.Currently heated via an active oil tank. The property is being sold in "AS IS, WHERE IS" condition.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 2,110 sq ft
Lot: 8,330 sq ft
Parking: 6
Year built: 1950
Property tax: $5,525 / yr
Days on market: 17
MLS®: R3168250

Features

Price check

Below typical for the area (-13%)

2026 assessment: $767,000 · asking is +73%
Price per sq ft: $630 vs $721 median for houses in Burnaby for sale (583)

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 17 days · no price changes so far

The market here

Listed now: 53 days; median for 625 houses for sale; this one 17 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$767,000	$2,519

The listing shows $5,525 a year in property tax.

Estimate: the BC Assessment value times Burnaby's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$6,251/mo

Mortgage $5,790 · Tax $460

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,790/ monthly

loan $1,063,200

25-year amortization

down payment20% · $265,80020%+ 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: $673,898
property transfer tax: $24,580; BC general rate
cash to close: $290,380; down + PTT
total paid: $1,737,098

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: 777 m² (8,364 sq ft) · PID 002-580-365. 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 Suncrest Elementaryhomes in this catchment
800 m away · 3883 Rumble St, Burnaby · 604-296-9033

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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