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$4,600,000

7129 CARDINAL COURT

Burnaby · MLS® R2974426

3 bed · 2 bath · 2,400 sq ft · 10,363 sq ft lot · 6 parking

House · Single Family · built 1972 · 582 days on market

Listed by Rob Allegrini, Team 3000 Realty Ltd.

Realtor's description

Prime development opportunity in a Transit-Oriented Area. This 10,363 SF lot can be combined with 7148 Cardinal Court (R3096479), 7158 Cardinal Court (R3081774), 3345 Cardinal Drive (R3052176), and 3355 Cardinal Drive (R3106360) to create a total development site of 54,712 SF (OVER AN ACRE). The property is designated under Tier 3, allowing for an 8-story building with a Floor Area Ratio (FAR) of 3.0. This mostly flat lot is located on a quiet cul-de-sac at the edge of the Transit-Oriented Development Areas and offers potentially excellent views of Burnaby Lake upon redevelopment. Please do not walk on the property. For more details or to inquire further, please contact me or your realtor.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 2,400 sq ft
Lot: 10,363 sq ft
Parking: 6
Year built: 1972
Property tax: $6,885 / yr
Days on market: 582
MLS®: R2974426

Features

Central location

Price check

2026 assessment: $2,082,500 · asking is +121%
Price per sq ft: $1,917 vs $721 median for houses in Burnaby for sale (576)

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 582 days · no price changes so far

The market here

Listed now: 58 days; median for 619 houses for sale; this one 582 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,082,500	$6,838

The listing shows $6,885 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

$20,616/mo

Mortgage $20,042 · Tax $574

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

estimated payment

$20,042/ monthly

loan $3,680,000

25-year amortization

down payment20% · $920,00020%+ 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: $2,332,528
property transfer tax: $148,000; BC general rate
cash to close: $1,068,000; down + PTT
total paid: $6,012,528

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: 965 m² (10,387 sq ft) · PID 008-536-180. 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 Seaforth Elementaryhomes in this catchment
1.4 km away · 7881 Government Rd, Burnaby · 604-296-9028

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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