$1,980,000

4881 HIGHLAWN DRIVE

Burnaby · MLS® R3085958

3 bed · 1 bath · 2,337 sq ft · 7,564 sq ft lot · 3 parking

House · Single Family · built 1955 · 248 days on market

Listed by Jeffrey Lim, Magsen Realty Inc.

Realtor's description

Great building lot located in Brentmall Park. 62 x 122 (7564 S/F) beautiful CORNER lot with South, East and West view. This beautiful property also located within 800m Brentwood Centre Skytrain, Burnaby's Transit Oriented Development.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 1
Living area: 2,337 sq ft
Lot: 7,564 sq ft
Parking: 3
Year built: 1955
Property tax: $6,298 / yr
Days on market: 248
MLS®: R3085958

Features

Central location
All

Price check

Above typical for the area (+18%)

2026 assessment: $1,839,100 · asking is +7.7%
Price per sq ft: $847 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 248 days · no price changes so far

The market here

Listed now: 56 days; median for 619 houses for sale; this one 248 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,839,100	$6,039

The listing shows $6,298 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

$9,152/mo

Mortgage $8,627 · Tax $525

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

estimated payment

$8,627/ monthly

loan $1,584,000

25-year amortization

down payment20% · $396,00020%+ 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: $1,004,001
property transfer tax: $37,600; BC general rate
cash to close: $433,600; down + PTT
total paid: $2,588,001

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: 701 m² (7,545 sq ft) · PID 009-922-067. 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 Brentwood Park Elementaryhomes in this catchment
200 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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