1 1362 PHILLIPS AVENUE
Burnaby, BC V5A3Z3
$1,898,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Fourplex
- Lot size
- 10,187 square feet
Ownership & Fees
- Property type
- Fourplex
- Ownership
- Strata
- Strata / maintenance fee
- $100/mo
- Annual property tax
- $2,500 (2027)
Interior
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Parking
- Total spaces
- 2
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3129366
- Listed
- May 28, 2026
- Time on market
- On the market for 95 days
- Tax assessment year
- 2027
- Data last synced
- August 28, 2026
Listing provided by: Macdonald Realty · Data source: CREA DDF.
Description
The HEIRLOOM features a private front yard that leads to a beautiful 3-storey home with the view of the Burnaby skyline. The main floor of this home features a single car garage with EV charging, a nanny or mother-in-law one-bedroom suite with 9-foot ceilings. The second floor boasts an open-concept great room with 10-foot ceilings with beautiful finishes and plenty of storage -- an ideal space for hanging out with family and friends. The top floor has three generous bedrooms and 2 full baths and a deck. Expected completion the fall of 2017 or the spring of 2028. (id:63159)
Values & Trends
This listing
$721/sqft
Building average
—
No other active listings in this building
Burnaby average
$722/sqft
157 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Vancouver
15°C
Clear
Humidity 100%
Wind NW 5 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
249,125
(2021 Census)
+7% since 2016
Density: 2,750.6/km²
Dwellings: 107,046
Median household income: $83,000
After-tax: $73,500
Immigrant population: 50.4%
Top countries of origin (% of total population)
- China12.4% · 30,860
- Philippines4.5% · 11,235
- Hong Kong4.4% · 11,010
- Taiwan3.1% · 7,750
- India3% · 7,540
- Korea, South2.6% · 6,380
- Viet Nam1.4% · 3,380
- Iran1.3% · 3,210
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
19
3/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Montecito Elementary | Elementary | 936 m |
| Lochdale Community Elementary | Elementary | 1.0 km |
| Westridge Elementary | Elementary | 1.4 km |
| Sperling Elementary | Elementary | 1.5 km |
| Burnaby North Secondary | Secondary | 2.0 km |
| Forest Grove Elementary | Elementary | 2.2 km |
| Parkcrest Elementary | Elementary | 2.3 km |
| Aubrey Elementary | Elementary | 2.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Southbound Burnwood Dr @ Greystone Dr | — | 258 m |
| Northbound Burnwood Dr @ Halifax St | — | 347 m |
| Eastbound Greystone Dr @ Pinehurst Dr | — | 372 m |
| Westbound Greystone Dr @ Pinehurst Dr | — | 422 m |
| Westbound Halifax St @ Phillips Ave | — | 459 m |
Nearby Places
Grocery (1)
- Sungiven Foods224 m
Parks (3)
- Duthie-Union Park645 m
- Unnamed666 m
- Squint Lake Park751 m
Pharmacies (1)
- Pharmasave · 1601 Burnwood Drive259 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($379,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.





