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$2,099,000

7028 BROADWAY

Burnaby · MLS® R3165648

5 bed · 5 bath · 2,913 sq ft · 1 sq ft lot · 2 parking

House · Single Family · built 2013 · 22 days on market

Listed by Ross Woo, Oakwyn Realty Ltd.

Realtor's description

Beautifully crafted 5 bed, 5 bath custom home offering nearly 3,000 square ft of thoughtfully designed living space. The main level features formal living, spacious family & dining areas, and a gourmet kitchen with Bertazzoni gas range & Bosch dishwasher. Generous bedrooms include a Jack & Jill bath, while the primary retreat features a spa-inspired ensuite with double vanity & jacuzzi tub. A self-contained 1-bed suite with separate entrance offers added flexibility. Complete with A/C, Hardie board siding, striking copper wood entry door, detached double garage & automatic gated entry. Easy to Show. OPEN HOUSE SAT OCT 10TH 1:00-2:30PM.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 5
Living area: 2,913 sq ft
Lot: 1 sq ft
Parking: 2
Year built: 2013
Property tax: $7,477 / yr
Days on market: 22
MLS®: R3165648

Features

Central location
Private setting
All

Price check

Typical for the area (-0.5%)

2026 assessment: $2,335,000 · asking is -10%
Price per sq ft: $721 vs $724 median for houses in Burnaby for sale (563)

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 · no price changes so far

The market here

Listed now: 57 days; median for 564 houses for sale; this one 22 days

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

Monthly cost

$9,768/mo

Mortgage $9,145 · Tax $623

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

estimated payment

$9,145/ monthly

loan $1,679,200

25-year amortization

down payment20% · $419,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,064,343
property transfer tax: $40,970; BC general rate
cash to close: $460,770; down + PTT
total paid: $2,743,543

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.

If you rented it out

Suite rent: $1,710/mo
Your cost after the suite: $8,370/mo; vs $9,943 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $9,145 · tax $623 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in North Burnaby, Burnaby (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

BurnabyGoogle Maps ↗

Location

BurnabyGoogle Maps ↗

Schools

Catchment schools, Burnaby School District 41

Elementary Sperling Elementaryhomes in this catchment
400 m away · 2200 Sperling Ave, Burnaby · 604-296-9030

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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