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$2,880,000

5420 ELWYN DRIVE

Burnaby · MLS® R3131517

6 bed · 6 bath · 4,810 sq ft · 13,927 sq ft lot · 4 parking

House · Single Family · built 1981 · 128 days on market

Listed by Ray Zhen Zhao, Claridge Real Estate Advisors Inc.

Realtor's description

Best location in most desirable deer lake area in Burnaby. This Spectacularly updated house comes with 6 bedrooms and 6 bathrooms on a nearly 14000 sqft lot. This house has over 700k renovation, including brand new roof, totally remodelled kitchen with wok kitchen, brand new appliances, expanded balconies for nice DEER Lake view, Enclosed solarium room for family gathering, fully upgraded deck with landscape of water features, and much more! There are 4 bedrooms on second floor, and all en-suited bathroom, plus a spacious office with own patio. Top floor comes media/entertainment room and a relax office with beautiful walk out balcony for overlooking garden and deer lake view. walk distance to Deer lake and trails. School Catchment: Buckingham Elementary and Burnaby Central Secondary!

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 6
Living area: 4,810 sq ft
Lot: 13,927 sq ft
Parking: 4
Year built: 1981
Property tax: $7,056 / yr
Strata fee: $500 / mo ($0.10 / sq ft)
Strata rules: Pets Allowed
Days on market: 128
MLS®: R3131517

Features

Central location
Cul-de-sac
Pets Allowed
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-17%)

2026 assessment: $2,294,000 · asking is +26%
Price per sq ft: $599 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 128 days · no price changes so far

The market here

Listed now: 58 days; median for 620 houses for sale; this one 128 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,294,000	$7,533

The listing shows $7,056 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

$13,636/mo

Mortgage $12,548 · Tax $588 · Strata $500

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

estimated payment

$12,548/ monthly

loan $2,304,000

25-year amortization

down payment20% · $576,00020%+ 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: $1,460,365
property transfer tax: $64,400; BC general rate
cash to close: $640,400; down + PTT
total paid: $3,764,365

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: 1,301 m² (14,004 sq ft) · PID 001-810-791. 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 Buckingham Elementaryhomes in this catchment
600 m away · 6066 Buckingham Ave, Burnaby · 604-296-9004

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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