Property Type: Detached HouseOwnership: Freehold

232 MACDONALD AVENUE

Burnaby, BC V5C4M7

$2,499,000

6 bed3 bath4 parking3,344 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Lot size
6,100 square feet
Frontage
122 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,437.86 (2026)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Garage, Visitor Parking

Listing Information

MLS®
R3158267
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Northwest · Data source: CREA DDF.

Description

A rare opportunity to own a large, 50' x 122' corner lot in the heart of Burnaby Heights, just a short walk to everything Hastings has to offer. First time on the market! This well-maintained, two-level home offers 3,344 square ft of living space, six bedrooms, two full kitchens, and two separate living areas - ideal for extended family living or mortgage-helper potential. Enjoy a spacious deck, patio, and attached double car garage. Perfect to renovate and live in or build your future dream home or multiplex. This property offers genuine redevelopment potential in one of Burnaby's most desirable areas close to transit, schools, and shopping. (id:63159)

Values & Trends

This listing

$747/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 4 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.

Detached (House) Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,863,900

Jul 2026

Average Sale Price

$1,987,969

Jul 2026

Monthly Sales

49

Jul 2026

Active Listings

463

Jul 2026

Sales-to-Active Ratio

11.0%

Jul 2026

Median Days to Contract

37 days

Jul 2026

MLS® HPI Benchmark Price

$2,170,100
$1,800,300
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

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

67

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
St. Helen's(Independent)Elementary234 m
Gilmore Community ElementaryElementary263 m
Fawkes Academy(Independent)K-12329 m
St. John's Academy(Independent)Secondary573 m
Rosser ElementaryElementary672 m
Sir John Franklin CommunityElementary800 m
Kitchener ElementaryElementary1.1 km
Alpha SecondarySecondary1.4 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
Northbound MacDonald Ave @ Albert St105 m
Westbound Hastings St @ MacDonald Ave173 m
Eastbound Hastings St @ MacDonald Ave188 m
Eastbound Hastings St @ Ingleton Ave242 m
Southbound Gilmore Ave @ Hastings St251 m

Nearby Places

Restaurants (5+)

  • H&P Noodle House · 4015 Hastings Street162 m
  • Sfinaki Greek Taverna · 4071 Hastings Street188 m
  • Butchers Block BBQ · 4091 Hastings Street192 m
  • Chad Thai Restaurant · 4010 Hastings Street195 m
  • bb.q Chicken · 4016 Hastings Street197 m

Cafes (5+)

  • Big Shots Cafe221 m
  • Panino Mio · 4092 Hastings Street224 m
  • Cup & Bun290 m
  • Cioffi's Cucina · 4150 Hastings Street304 m
  • Starbucks · 4191 Hastings Street323 m

Grocery (3)

  • Mi Tierra Latina · 3993 Hastings Street165 m
  • Proviland Gtocery · 4047 Hastings Street171 m
  • Sungiven Foods · 4106 Hastings Street252 m

Parks (5+)

  • West-Sells Park425 m
  • Burnaby Heights Park673 m
  • Unnamed · 4232 McGill Street745 m
  • Unnamed · 4248 McGill Street769 m
  • Unnamed · 4280 McGill Street792 m

Gyms (5+)

  • EZFit · 353 Gilmore Avenue190 m
  • Foundation · 3916 Hastings Street256 m
  • Foundation Fitness257 m
  • Anytime Fitness419 m
  • Float Sense North Burnaby · 3764 Hastings Street459 m

Pharmacies (5+)

  • Gilmore Pharmacy · 320 Gilmore Avenue175 m
  • Wescana196 m
  • The Medicine Shoppe · 3982 Hastings Street220 m
  • Shoppers Drug Mart · 4303 Hastings Street579 m
  • Total Care Pharmacy · 4345 Hastings Street647 m

Banks & ATMs (5+)

  • CIBC · 4101 Hastings Street221 m
  • Asom Food Store - Bitcoin Well ATM · 4096 Oxford Street330 m
  • Gulf & Fraser356 m
  • Presso Cafe - Bitcoin Well ATM · 4204 Hastings Street397 m
  • TD · 4298 Hastings Street553 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,200.00
Periodic payment — Principal & Interest (monthly)$12,898.16
Additional monthly expenses (strata, tax, utilities, etc.)$786.82
Total monthly cost$13,684.98
Interest paid over 5-yr term$572,976.47
Balance at end of term$1,798,286.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,373.15

Cash Needed at Closing

Minimum down payment$499,800
Estimated BC PTT$52,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,270

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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