8246 BURNLAKE DRIVE

Burnaby · MLS® R3075747

5 bed · 5 bath · 4,343 sq ft · 18,091 sq ft lot

House · Single Family · built 1978 · 277 days on market

Listed by Remy Wan, eXp Realty

Realtor's description

Developers Alert! Government Road's Prime Development Opportunity! This site strategically located close to future master plan with surrounding shops and restaurants, easy access to highways and Lougheed Town Centre. Development potentials in Tier 3 with 3.0 FSR of Production Way - University Station allow for 8 storey or perfect for extra spacious SSMUH (small scale) Residential units! This site is ideal for a visionary developers. Contact me for details!

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 5
Living area: 4,343 sq ft
Lot: 18,091 sq ft
Parking: 0
Year built: 1978
Property tax: $7,991 / yr
Days on market: 277
MLS®: R3075747

Price check

2026 assessment: $2,409,000 · asking is +238%
Price per sq ft: $1,874 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 277 days · no price changes so far

The market here

Listed now: 58 days; median for 617 houses for sale; this one 277 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,409,000	$7,911

The listing shows $7,991 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

$36,135/mo

Mortgage $35,469 · Tax $666

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

estimated payment

$35,469/ monthly

loan $6,512,760

25-year amortization

down payment20% · $1,628,19020%+ 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: $4,128,042
property transfer tax: $325,048; BC general rate
cash to close: $1,953,238; down + PTT
total paid: $10,640,802

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: 1,683 m² (18,116 sq ft) · PID 002-727-005. 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
900 m 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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