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4503 Frances Street
homes for sale · Burnaby
4503 Frances Street — photo 1 of 40
1 / 40
$1,925,000

4503 Frances Street

Burnaby · MLS® R3163420

534

2,226 sq ft · 4,026 sq ft lot · House · Single Family · built 2004 · 47 days on market

listed by Beatrice Cosentini, Sutton Group-West Coast Realty

realtor's description

Welcome to this beautifully maintained North Burnaby home in a prime, family-friendly location! Bright& spacious,the upper level offers an inviting open-concept layout,original hardwood floors,3 generous bedrooms,2 full 4-piece bathrooms including a private ensuite,walk-in closet & a well-appointed kitchen w/updates. Enjoy a large patio,double garage,2-car driveway & generous laneway access. The main level features a self-contained 2-bedroom suite w/its own kitchen, full 4-piece bath, laundry, flex/storage space & separate entrance. Ideal mortgage helper, in-law suite or extended-family space. Steps to parks, schools, shopping, recreation & the vibrant Heights. Close to Confederation Park, Eileen Dailly, St. Helen´s School & Alpha Secondary. OPEN HOUSE| SAT OCT 24 | 2:30pm-4:30pm |

property details

type
House, Single Family
bedrooms
5
bathrooms
3
living area
2,226 sq ft
lot
4,026 sq ft
parking
4
year built
2004
days on market
47
MLS®
R3163420

features

  • Central location
  • All

floor plans

found among the listing photos.

monthly cost

$8,387/mo
Mortgage $8,387

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

estimated payment
$8,387/ monthly
loan $1,540,000
25-year amortization
total interest
$976,112
property transfer tax
$36,500
BC general rate
cash to close
$421,500
down + PTT
total paid
$2,516,112
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent
$2,390/mo
your cost after the suite
$6,363/mo
vs $8,562 without it

Costs: mortgage $8,387 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 2-bedroom in North Burnaby, Burnaby: CMHC's average there ($2,110) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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 ↗

Rapid transit: Brentwood Town Centre SkyTrain station, 1.4 km (about 23 min walk); Gilmore SkyTrain station, 1.8 km (about 28 min walk).

schools

Catchment schools, Burnaby School District 41

  • Elementary Rosser Elementaryhomes in this catchment

    500 m away · 4375 Pandora St, Burnaby · 604-296-9027

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Beatrice Cosentini
Sutton Group-West Coast Realty
call Beatrice · 604-803-3645
Powered by: REALTOR.ca
▶ virtual tour

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property tax by year

yearassessedest. tax
2026$1,911,000$6,275

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.

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the market here

listed now
66 days
median for 561 houses for sale; this one 47 days

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

location

lot outline: 357 m² (3,843 sq ft) · PID 025-789-104. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Rapid transit: Brentwood Town Centre SkyTrain station, 1.4 km (about 23 min walk); Gilmore SkyTrain station, 1.8 km (about 28 min walk).

Drive times
  • Rosser Elementary2 min
  • Alpha Secondary2 min
  • Burnaby Hospital7 min
  • British Columbia Institute of Technology7 min
  • Downtown Vancouver15 min
  • YVR airport33 min
98

Walkability 98/100 · Very walkable: most errands on foot

Within a 10 minute walk: 3 grocery stores, 25 places to eat or drink, 12 cafes, 7 parks and playgrounds, 4 schools, 6 pharmacies, 23 transit stops.

mihom score from OpenStreetMap places, by straight line distance.