Property Type: DuplexOwnership: Strata

1 5137 LORRAINE AVENUE

Burnaby, BC V5G2S3

$2,288,000

6 bed6 bath2 parking3,391 sqftBuilt 2026
Get Directions

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Duplex
Lot size
53 x 115
Frontage
53 feet

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$0 (2026)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Heat Pump, Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3145446
Listed
July 13, 2026
Time on market
On the market for 49 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Planet Group Realty Inc. · Data source: CREA DDF.

Description

Location, Location, Location! BRAND NEW TOP-quality side-by-side 1/2 Duplex in desirable Burnaby South with back lane access and a fully fenced private backyard. Features 1-car garage plus open parking with paving stone pad. The main floor offers a spacious living room, DEN/home OFFICE, powder room, elegant dining area, family room with custom TV wall, and a gourmet 2-tone kitchen with premium appliances plus a fully equipped WOK KITCHEN. Upstairs features 4 bedrooms, 3 full baths, laundry, and front & rear balconies. The lower level includes a LEGAL SUITE with separate entry and its own laundry, plus a MEDIA ROOM with full bath and custom TV wall. A/C, radiant heat, glass railings, security cameras, premium finishes throughout. MUST SEE ! (id:63159)

Values & Trends

This listing

$675/sqft

Building average

No other active listings in this building

Burnaby average

$723/sqft

157 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

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

Clear

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

33

7/9 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

SchoolTypeDistance
École Inman ElementaryElementary405 m
Graham Bruce Community ElementaryElementary522 m
Collingwood Neighbourhood SchoolElementary726 m
St Mary's(Independent)Elementary819 m
Cascade Heights ElementaryElementary889 m
Sir Wilfred Grenfell CommunityElementary1.0 km
Dr H N Maccorkindale ElementaryElementary1.2 km
Chaffey-Burke ElementaryElementary1.4 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

StopTypeDistance
Eastbound Burke St @ Boundary Rd114 m
Southbound Boundary Rd @ Burke St167 m
Westbound Burke St @ Smith Ave187 m
Northbound Smith Ave @ Burke St218 m
Northbound Smith Ave @ Brandon St239 m

Nearby Places

Restaurants (5+)

  • Blue Coast Japanese Seafood Cuisine · 3670 Vanness Avenue399 m
  • Sushi Taku · 4902 Joyce Street577 m
  • Khan Sahab Kitchen · 4942 Joyce Street585 m
  • Ban Bu Xian Szechuan Cuisine · 3665 Kingsway592 m
  • Cantaritos · 3823 Kingsway599 m

Cafes (5+)

  • Starbucks619 m
  • CoCo Fresh Tea & Juice · 5066 Joyce Street626 m
  • Trees Organic Coffee · 5078 Joyce Street635 m
  • Sharetea · 3619 Kingsway655 m
  • Jack's Spot · 3615 Kingsway658 m

Grocery (2)

  • Kay Market · 5169 Joyce Street714 m
  • Africana General Market · 3543 Kingsway735 m

Parks (5+)

  • Price Park · 3650 Price Street270 m
  • Aberdeen Park · 3525 Foster Avenue493 m
  • Melbourne Park · 3530 Vanness Avenue497 m
  • Foster Park · 5501 Aberdeen Street622 m
  • Gaston Park · 3470 Crowley Drive653 m

Gyms (1)

  • Orijin Yoga · 3665 Kingsway602 m

Pharmacies (3)

  • Wellness Pharmacy687 m
  • Enhance RX · 3965 Kingsway689 m
  • Central Park Pharmacy · 3963 Kingsway696 m

Banks & ATMs (2)

  • Community Savings657 m
  • Bitcoin ATM Localcoin · 3527 Kingsway762 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($457,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,830,400.00
Periodic payment — Principal & Interest (monthly)$11,809.12
Additional monthly expenses (strata, tax, utilities, etc.)$170.00
Total monthly cost$11,979.12
Interest paid over 5-yr term$524,597.90
Balance at end of term$1,646,450.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$457,600
Stress test qualifying rate8.09%
Payment you must qualify for$14,075.14

Cash Needed at Closing

Minimum down payment$457,600
Estimated BC PTT$46,640
Legal / closing costs (typical estimate)$1,500
Total cash needed$505,740

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.

Request more information