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$1,699,999

4 7275 RIDGE DRIVE

Burnaby · MLS® R3153019

5 bed · 4 bath · 2,249 sq ft · 1 parking

Townhouse · Single Family · built 2026 · 63 days on market

Listed by Jevan Basra, RA Realty Alliance Inc.

Realtor's description

Welcome to the Sunset Collection. 2250+ square ft of refined living with a massive covered, heated patio featuring built-in Napoleon BBQ, counter space, and fire table, ideal for year-round entertaining. In Westridge, one of Burnaby's top neighbourhoods, quiet and community oriented. Enjoy ocean views, Grouse Mountain, Brentwood, Metrotown, Deep Cove from the master and patio. Watch boats pass and experience stunning pink sky sunsets. Open-plan living with abundant natural light. 14-ft folding glass doors link the family room to the deck. Modern kitchen with panel-ready appliances, bar fridge, and gas cooktop with island fan. Private turfed front yard + single-car garage with rear-lane access. Includes a 2-bedroom in-law suite. A rare luxury lifestyle opportunity. Book your private showing!

Property details

Type: Townhouse, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 2,249 sq ft
Parking: 1
Year built: 2026
Days on market: 63
MLS®: R3153019

Features

Central Vacuum
Stove
Washer & Dryer

Price check

Typical for the area (+4.3%)

2026 assessment: $3,736,000 · asking is -54%
Price per sq ft: $756 vs $724 median for townhouses in Burnaby for sale (199)
Last sold: $2,350,000 · Sep 20, 2024

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 63 days

The market here

Listed now: 43 days; median for 199 townhouses for sale; this one 63 days

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

Monthly cost

$7,407/mo

Mortgage $7,407

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

estimated payment

$7,407/ monthly

loan $1,359,999

25-year amortization

down payment20% · $340,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $862,021
property transfer tax: $32,000; BC general rate
cash to close: $372,000; down + PTT
total paid: $2,222,020

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.

If you rented it out

Rent: $2,345/mo
After all costs: −$5,424/mo
Cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $7,407 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom in North Burnaby, Burnaby (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Westridge Elementaryhomes in this catchment
1000 m away · 510 Duncan Ave, Burnaby · 604-296-9037

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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