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$2,299,000

5645 HIGHFIELD DRIVE

Burnaby · MLS® R3166611

9,432 sq ft lot

Land · Vacant Land · 22 days on market

Listed by Sean Holden, RE/MAX Select Realty

Realtor's description

Forever views on Capitol Hill! This 9,432 sq. ft. lot with 66´ frontage, overlooks & backs onto the lush greenery of the Trans Canada Trail/Stratford Park with spectacular, panoramic views of Burrard Inlet, Indian Arm & the North Shore Mountains. Abatement of original home, site leveling, piling, retaining wall work has all been completed. Building plans were approved for a + 5,000 sq. ft. home. Start building right away or use the current reports & approvals to fast-track your own ideas. City of Burnaby confirms that 4 townhomes up to 2,500 sq. ft. each are an option. Formwork showing in drone shots has been removed.

Property details

Type: Land, Vacant Land
Lot: 9,432 sq ft
Parking: 0
Property tax: $6,717 / yr
Days on market: 22
MLS®: R3166611

Price check

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 22 days

The market here

Listed now: 125 days; median for 35 homes for sale; this one 22 days

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

Monthly cost

$10,576/mo

Mortgage $10,017 · Tax $560

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

estimated payment

$10,017/ monthly

loan $1,839,200

25-year amortization

down payment20% · $459,80020%+ 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: $1,165,757
property transfer tax: $46,970; BC general rate
cash to close: $506,770; down + PTT
total paid: $3,004,957

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: 879 m² (9,461 sq ft) · PID 002-492-733. 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
800 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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