6886 HASTINGS STREET

Burnaby · MLS® C8079700

4,000 sq ft · 21,508 sq ft lot

Land · Vacant Land · 114 days on market

Listed by Charles Nam, Sutton Group-West Coast Realty

Realtor's description

Prime Location! One of the best opportunity for investor to own Total land size 21,508 sf. Potential rezone to Low-Rise apartment 2, which allows up to 6 storeys of residential.

Property details

Type: Land, Vacant Land
Living area: 4,000 sq ft
Lot: 21,508 sq ft
Parking: 0
Property tax: $51,215 / yr
Days on market: 114
MLS®: C8079700

Price check

Price per sq ft: $2,750 vs $787 median for homes in Burnaby for sale (11)

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 114 days

The market here

Listed now: 126 days; median for 35 homes for sale; this one 114 days

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

Monthly cost

$52,194/mo

Mortgage $47,926 · Tax $4,268

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

estimated payment

$47,926/ monthly

loan $8,800,000

25-year amortization

down payment20% · $2,200,00020%+ 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: $5,577,784
property transfer tax: $468,000; BC general rate
cash to close: $2,668,000; down + PTT
total paid: $14,377,784

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

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Westridge Elementaryhomes in this catchment
100 m away · 510 Duncan Ave, Burnaby · 604-296-9037

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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