4701 RIDGELAWN DRIVE

Burnaby · MLS® R3127607

4 bed · 2 bath · 2,779 sq ft · 7,168 sq ft lot · 1 parking

House · Single Family · built 1955 · 137 days on market

Listed by Raymond Leung, RE/MAX City Realty

Realtor's description

Approx. 7,168 corner lots in Burnaby Brentwood area. Located on the corner of Beta Ave and Ridgelawn Dr with old house built in 1955. On the opposite of Brentwood Town Centre, easy access to Vancouver East & West and North Vancouver through Hwy No.1 & 7. Under R1 residential zone and 2050 Burnaby OCP, potential for up to 12 stories development. Potential for 8 lots ( Approx. 56,778 SqFt) land assembly, corner 2 lots and East side 2 lots are on market for sale for total Approx. 28,948 sqft. A rare opportunity for people who are looking for a new community development. Call now for more information!

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 2,779 sq ft
Lot: 7,168 sq ft
Parking: 1
Year built: 1955
Property tax: $6,941 / yr
Days on market: 137
MLS®: R3127607

Price check

2026 assessment: $2,049,500 · asking is +83%
Price per sq ft: $1,349 vs $721 median for houses in Burnaby for sale (574)

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 137 days · no price changes so far

The market here

Listed now: 58 days; median for 619 houses for sale; this one 137 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,049,500	$6,730

The listing shows $6,941 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

$16,917/mo

Mortgage $16,338 · Tax $578

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

estimated payment

$16,338/ monthly

loan $3,000,000

25-year amortization

down payment20% · $750,00020%+ 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: $1,901,517
property transfer tax: $105,500; BC general rate
cash to close: $855,500; down + PTT
total paid: $4,901,517

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: 667 m² (7,180 sq ft) · PID 002-580-527. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

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Schools

Catchment schools, Burnaby School District 41

Elementary Brentwood Park Elementaryhomes in this catchment
500 m away · 1455 Delta Ave, Burnaby · 604-296-9003

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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