7540 Buller Avenue

Burnaby · MLS® R3179454

1,836 sq ft · 7,007 sq ft lot · House · Single Family · built 1946 · listed today

listed by Navin Sahay, RE/MAX Performance Realty

realtor's description

7000 square ft lot with a development potential in a prime location.upper floor is rented for $2500, basement rents for $1800 . Property is located minutes from skytrain and metrotown. Prime Burnaby South lot with excellent development potential, located within walking distance to Royal Oak SkyTrain Station, and close to Metrotown, schools, parks, transit, and major routes, making it a highly attractive opportunity for builders, investors, and end users in a high-demand area! According to City guidelines, OCP allows low rise 4 storey apartments or up to 6 units to be built. Located close to newly constructed townhouses by Beedie group. All measurements are approximate.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,836 sq ft
lot: 7,007 sq ft
parking: 0
year built: 1946
property tax: $6,638 / yr
days on market: 0
MLS®: R3179454

the market here

listed now: 63 days; median for 553 houses for sale; this one listed today

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

property tax by year

year	assessed	est. tax
2026	$1,788,400	$5,873

The listing shows $6,638 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

$8,475/mo

Mortgage $7,922 · Tax $553

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$7,922/ monthly

loan $1,440,000

25-year amortization

down payment20% · $360,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $936,615
property transfer tax: $34,000; BC general rate
cash to close: $394,000; down + PTT
total paid: $2,376,615

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

lot outline: 651 m² (7,007 sq ft) · PID 003-402-835. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Rapid transit: Royal Oak SkyTrain station, 1 km (about 15 min walk); Edmonds SkyTrain station, 1.4 km (about 21 min walk).

schools

Catchment schools, Burnaby School District 41

Elementary Clinton Elementaryhomes in this catchment
300 m away · 5858 Clinton St, Burnaby · 604-296-9009

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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