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$4,000,000

8258 BURNLAKE DRIVE

Burnaby · MLS® R3079141

4 bed · 3 bath · 2,793 sq ft · 12,341 sq ft lot · 6 parking

House · Single Family · built 1974 · 269 days on market

Listed by Jackson K.M. Yeung, Royal Pacific Realty (Kingsway) Ltd.

Realtor's description

Prestigious Burnaby Government Road neighborhood! Extensively renovated 1970s home seamlessly blends mid-century charm with contemporary design, offering spacious open floor plan. Stunning Renovations upgrades with Open-concept kitchen, double garage, new insulation, stucco rain screen, wood-grained aluminum siding, major structural, electrical, gas & heating improvements, walk-in steam shower, tankless water heater, AC unit, Gourmet Kitchen w high grade appliance. This lot is prime candidate for future development. Located within Transit-Oriented Development Area TOA 800m Tier area & OCP Land Use Designation(Base) with Low-Rise Apartment 2 - height up to 8 storeys. Ideal holding property for future development - potential Land assembly or for extra spacious Small-Scale Multi-unit Housing.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,793 sq ft
Lot: 12,341 sq ft
Parking: 6
Year built: 1974
Property tax: $8,215 / yr
Days on market: 269
MLS®: R3079141

Features

Central location
Private setting
Refrigerator
Dishwasher
Oven - Built-In
Washer & Dryer

Price check

2026 assessment: $2,359,000 · asking is +70%
Price per sq ft: $1,432 vs $721 median for houses in Burnaby for sale (577)

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 269 days · no price changes so far

The market here

Listed now: 58 days; median for 620 houses for sale; this one 269 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,359,000	$7,746

The listing shows $8,215 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

$18,112/mo

Mortgage $17,428 · Tax $685

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

estimated payment

$17,428/ monthly

loan $3,200,000

25-year amortization

down payment20% · $800,00020%+ 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: $2,028,285
property transfer tax: $118,000; BC general rate
cash to close: $918,000; down + PTT
total paid: $5,228,285

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: 1,148 m² (12,357 sq ft) · PID 002-874-822. 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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