4269 HASTINGS STREET

Burnaby · MLS® R3145684

7,543 sq ft lot

Land · Vacant Land · 87 days on market

Listed by Sarah Vand, Sutton Group Seafair Realty

Realtor's description

One-of-a-kind CMHC development site in Burnaby Heights - an opportunity you don't want to miss! Welcome to a rare and shovel-ready development site in one of the most desirable and fastest-growing neighbourhoods in North Burnaby. This 7,542 SQFT corner site is fully designed for a six-storey mixed-use project, aligning with the City of Burnaby's Urban Village vision. The proposal includes 37 thoughtfully planned non-market rental and multifamily strata homes, 2897 SQFT of vibrant ground-level commercial space, and a generous 4,934 SQFT rooftop amenity for future residents. Passed Second Reading and ready for Development Permit application. With CMHC approval secured, construction could begin as early as November 2026. Located in Burnaby Heights, a dynamic, walkable community known

Property details

Type: Land, Vacant Land
Lot: 7,543 sq ft
Parking: 0
Property tax: $40,185 / yr
Days on market: 87
MLS®: R3145684

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 87 days

The market here

Listed now: 126 days; median for 35 homes for sale; this one 87 days

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

Monthly cost

$20,772/mo

Mortgage $17,423 · Tax $3,349

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

estimated payment

$17,423/ monthly

loan $3,199,200

25-year amortization

down payment20% · $799,80020%+ 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: $2,027,778
property transfer tax: $117,950; BC general rate
cash to close: $917,750; down + PTT
total paid: $5,226,978

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: 697 m² (7,502 sq ft) · PID 030-891-418. 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 Gilmore Community Elementaryhomes in this catchment
400 m away · 50 S Gilmore Ave, Burnaby · 604-296-9013

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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