Property Type: DuplexOwnership: Strata

2 3737 FOREST STREET

Burnaby, BC V5G1W5

$2,198,000

6 bed6 bath1 parking3,355 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
6,100 square feet
Frontage
50 feet

Ownership & Fees

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

Interior

Basement
Finished, Unknown, Unknown
Heating
Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
009-577-581

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3154981
Listed
August 12, 2026
Time on market
On the market for 20 days
Tax assessment year
2026
Data last synced
August 29, 2026

Listing provided by: Pacific Evergreen Realty Ltd. · Data source: CREA DDF.

Description

Brand-new half duplex in the desirable Burnaby Hospital area! This stunning home features a functional layout with a bright and spacious main floor, including oversized living and dining areas perfect for entertaining. The modern kitchen offers a large island, high-end finishes, and beautiful real white oak cabinetry. Engineered hardwood flooring throughout, triple-pane windows on the main and upper floors, radiant heating, and a heat pump provide comfort and efficiency. Upstairs features four generous bedrooms and three bathrooms. The basement includes a versatile recreation/movie room plus a legal two-bedroom suite with a separate entrance, ideal as a mortgage helper or for extended family. Quality workmanship throughout. Close to schools, parks, transit, and shopping. Last one available (id:63159)

Values & Trends

This listing

$655/sqft

Building average

No other active listings in this building

Burnaby average

$723/sqft

157 active listing(s)

Parking: 1 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

17°C

Clear

Humidity 100%

Wind WNW 13 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

6/9 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
Cascade Heights ElementaryElementary252 m
Whytecliff Agile Learning Centre-Burnaby(Independent)Secondary610 m
Graham Bruce Community ElementaryElementary691 m
Renfrew Community ElementaryElementary792 m
Vancouver Christian(Independent)K-12872 m
Sir Wilfred Grenfell CommunityElementary1.1 km
École Inman ElementaryElementary1.1 km
Windermere Community SecondarySecondary1.2 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 Kincaid St @ Boundary Rd100 m
Westbound Kincaid St @ Boundary Rd123 m
Westbound Kincaid St @ Smith Ave154 m
Southbound Smith Ave @ Kincaid St161 m
Northbound Smith Ave @ Spruce St191 m

Nearby Places

Restaurants (5+)

  • El Inka Deli Restaurant256 m
  • Kimu Japanese Cuisine · 4441 Boundary Road388 m
  • Border Burrito · 4453 Boundary Road396 m
  • Argo Greek707 m
  • Simba's Grill709 m

Cafes (1)

  • Starbucks705 m

Grocery (1)

  • Hanna Meats & Grocery · 3822 Sunset Street249 m

Parks (2)

  • Avondale Park571 m
  • Cariboo Park · 3450 East 29th Avenue673 m

Gyms (1)

  • Scienced Athletics · 3732 Canada Way707 m

Pharmacies (3)

  • Sunset Pharmacy · 3818 Sunset Street246 m
  • Guardian · 3835 Sunset Street310 m
  • Burnaby Guardian Pharmacy · 3300 Boundary Road722 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($439,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,758,400.00
Periodic payment — Principal & Interest (monthly)$11,344.60
Additional monthly expenses (strata, tax, utilities, etc.)$168.00
Total monthly cost$11,512.60
Interest paid over 5-yr term$503,962.49
Balance at end of term$1,581,686.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$439,600
Stress test qualifying rate8.09%
Payment you must qualify for$13,521.48

Cash Needed at Closing

Minimum down payment$439,600
Estimated BC PTT$43,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,040

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.

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