7507 WRIGHT STREET

Burnaby · MLS® R3157443

4 bed · 4 bath · 3,089 sq ft · 7,260 sq ft lot · 4 parking

House · Single Family · built 1955 · 48 days on market

Listed by Sully Kang, Sutton Group - 1st West Realty

RARE CORNER LOT in desirable East Burnaby! Impressive 61' x 121' lot with over 7,260 SQ.FT., directly across trom green space in a quiet, family-friendly neighbourhood. This spacious home features extensive main-floor and kitchen renovations completed in 2002, offering comfortable living today with exciting FUTURE DEVELOPMENT POTENTIAL. Conveniently located near schools, shopping, transit and major routes. An exceptional opportunity to LIVE, HOLD or REDEVELOP in a prime Burnaby location! Buyer to verify development potential with the City of Burnaby.

Type: House, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 3,089 sq ft
Lot: 7,260 sq ft
Parking: 4
Year built: 1955
Property tax: $5,822 / yr
Days on market: 48
MLS®: R3157443

Below typical for the area (-20%)

Price per sq ft: $575 vs $722 median for houses in Burnaby for sale (566)

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.

Central location
All

On market 48 days

Listed now: 57 days; median for 567 houses for sale; this one 48 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$8,219/mo

Mortgage $7,734 · Tax $485

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

estimated payment

$7,734/ monthly

loan $1,420,000

25-year amortization

down payment20% · $355,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $900,051
property transfer tax: $33,500; BC general rate
cash to close: $388,500; down + PTT
total paid: $2,320,051

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.

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