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$1,899,000

560 SPRINGER AVENUE

Burnaby · MLS® R3077203

3 bed · 2 bath · 1,480 sq ft · 8,478 sq ft lot · 2 parking

House · Single Family · built 1922 · 275 days on market

Listed by Patrick Ly, Sutton Centre Realty

Realtor's description

ATTN Developers: Exceptional corner lot offering 8,478 square ft with views in Burnaby North. Zoned for up to 6 units, this property is ideally positioned for a row home, multiplex, or innovative middle-market housing project. Located one block from Hastings Street, minutes to Brentwood Mall and SkyTrain, and close to Capitol Hill Elementary, parks, and amenities. Quick access to downtown Vancouver by car or transit. A rare opportunity to secure a well-located infill site in a high-demand neighbourhood with strong long-term fundamentals and outstanding redevelopment upside.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,480 sq ft
Lot: 8,478 sq ft
Parking: 2
Year built: 1922
Property tax: $6,742 / yr
Days on market: 275
MLS®: R3077203

Features

Price check

2026 assessment: $1,952,500 · asking is -2.7%
Price per sq ft: $1,283 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 275 days · no price changes so far

The market here

Listed now: 58 days; median for 620 houses for sale; this one 275 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,952,500	$6,411

The listing shows $6,742 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

$8,836/mo

Mortgage $8,274 · Tax $562

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

estimated payment

$8,274/ monthly

loan $1,519,200

25-year amortization

down payment20% · $379,80020%+ 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: $962,928
property transfer tax: $35,980; BC general rate
cash to close: $415,780; down + PTT
total paid: $2,482,128

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: 792 m² (8,525 sq ft) · PID 002-768-836. 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 Capitol Hill Elementaryhomes in this catchment
600 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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