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$2,338,888

5395 GEORGIA STREET

Burnaby · MLS® R3149527

8 bed · 4 bath · 2,414 sq ft · 8,052 sq ft lot · 4 parking

House · Single Family · built 1963 · 78 days on market

Listed by Chris Ball, Stilhavn Real Estate Services

Realtor's description

Opportunity knocks! This property offers far more than just a place to live. Set on an 8,052 sq. ft. corner lot with stunning South views. It´s zoned R1 Small-Scale Multi-Unit Housing and sits within a Frequent Transit Network Area, allowing up to six homes on one lot. That means you could live in one, rent the others, create space for extended family, or renovate the current home while benefiting from exceptional long-term land value. Extremely desirable for future development this corner lot with lane and a relatively flat provides better light, access, and design flexibility-making this a smart lifestyle purchase with built-in upside. Steps to Shops and transit. The house has 8 bedrooms and provides great cashflow while getting your permits in order. Don't miss out, call for more information.

Property details

Type: House, Single Family
Bedrooms: 8
Bathrooms: 4
Living area: 2,414 sq ft
Lot: 8,052 sq ft
Parking: 4
Year built: 1963
Property tax: $7,295 / yr
Days on market: 78
MLS®: R3149527

Price check

Above typical for the area (+34%)

2026 assessment: $2,132,000 · asking is +9.7%
Price per sq ft: $969 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 78 days · no price changes so far

The market here

Listed now: 58 days; median for 618 houses for sale; this one 78 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,132,000	$7,001

The listing shows $7,295 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

$10,798/mo

Mortgage $10,190 · Tax $608

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

estimated payment

$10,190/ monthly

loan $1,871,110

25-year amortization

down payment20% · $467,77820%+ 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: $1,185,983
property transfer tax: $48,167; BC general rate
cash to close: $515,944; down + PTT
total paid: $3,057,093

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: 745 m² (8,019 sq ft) · PID 010-436-995. 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 Capitol Hill Elementaryhomes in this catchment
500 m away · 350s Holdom Ave, Burnaby · 604-296-9006

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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