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$1,998,800

4264 PARKER STREET

Burnaby · MLS® R3158332

4 bed · 4 bath · 3,046 sq ft · 5,989 sq ft lot · 4 parking

House · Single Family · built 1974 · 46 days on market

Listed by Marina De Gregorio, Sutton Centre Realty

Realtor's description

THE VANCOUVER SPECIAL YOU'VE BEEN WAITING FOR! First time on market! Custom Italian-built 2-storey home in BURNABY HEIGHTS! Meticulously maintained SOUTH-FACING BACKYARD with HUGE CONCRETE DECK features 4 beds, 4 baths, 2 kitchens, 3 spacious living + dining, 2 fireplaces, natural light, 3046 sqft of no wasted space, ample storage, double car garage. Includes a private 1-bed mortgage helper with separate entry & opportunity to build a LANEWAY HOME! Gated property & total privacy. Family owned, move-in ready on a prime 53 x 116 lot. Just steps to the charming lifestyle on Hastings, transit, premier schools, shopping, recreation, SOLO District, Amazing Brentwood, Hwy 1 & Downtown Vancouver. A rare find in a great community! Lucrative opportunity to rent or the perfect place to call home!

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 3,046 sq ft
Lot: 5,989 sq ft
Parking: 4
Year built: 1974
Property tax: $6,283 / yr
Days on market: 46
MLS®: R3158332

Features

Central location
Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-8.9%)

2026 assessment: $1,794,000 · asking is +11%
Price per sq ft: $656 vs $721 median for houses in Burnaby for sale (577)

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 46 days · no price changes so far

The market here

Listed now: 58 days; median for 620 houses for sale; this one 46 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,794,000	$5,891

The listing shows $6,283 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

$9,232/mo

Mortgage $8,709 · Tax $524

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

estimated payment

$8,709/ monthly

loan $1,599,040

25-year amortization

down payment20% · $399,76020%+ 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: $1,013,534
property transfer tax: $37,976; BC general rate
cash to close: $437,736; down + PTT
total paid: $2,612,574

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

Suite rent: $1,710/mo
Your cost after the suite: $7,834/mo; vs $9,407 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $8,709 · tax $524 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Lot outline: 568 m² (6,114 sq ft) · PID 009-543-961. 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 Kitchener Elementaryhomes in this catchment
500 m away · 1351 Gilmore Ave, Burnaby · 604-296-9017

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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