$1,699,900

6891 BURLINGTON AVENUE

Burnaby · MLS® R3140429

1 bed · 1 bath · 1,188 sq ft · 5,489 sq ft lot · 3 parking

House · Single Family · built 1945 · 105 days on market

Listed by Anika Kirpal, Macdonald Realty

Realtor's description

Excellent investment and holding opportunity! Situated in the Royal Oak area with significant future redevelopment potential, this property offers the possibility of future high-density development up to 20 stories (buyers to verify with the City regarding zoning and development potential). The property is being sold as is, where is, with land value being the primary consideration. Currently tenanted by long-term tenants. An ideal opportunity for investors, builders, and developers looking to secure a property in a rapidly evolving neighbourhood.

Property details

Type: House, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 1,188 sq ft
Lot: 5,489 sq ft
Parking: 3
Year built: 1945
Property tax: $4,666 / yr
Days on market: 105
MLS®: R3140429

Features

Central location

Price check

2026 assessment: $1,664,000 · asking is +2.2%
Price per sq ft: $1,431 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 105 days · no price changes so far

The market here

Listed now: 56 days; median for 619 houses for sale; this one 105 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,664,000	$5,464

The listing shows $4,666 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

$7,795/mo

Mortgage $7,406 · Tax $389

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

estimated payment

$7,406/ monthly

loan $1,359,920

25-year amortization

down payment20% · $339,98020%+ 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: $861,970
property transfer tax: $31,998; BC general rate
cash to close: $371,978; down + PTT
total paid: $2,221,890

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: 498 m² (5,360 sq ft) · PID 002-876-604. 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 Maywood Community Elementaryhomes in this catchment
700 m away · 4567 Imperial St, Burnaby · 604-296-9022

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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