2640 BAINBRIDGE AVENUE
Burnaby, BC V5A2S6
$4,500,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 21,824 square feet
- Frontage
- 88 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $12,363.32 (2025)
Interior
- Heating
- Combination
- Fireplace
- None
Parking
- Total spaces
- 4 — covered indicated
- Features
- Carport
Listing Information
- MLS®
- R3124100
- Listed
- May 15, 2026
- Time on market
- On the market for 108 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Hugh & McKinnon Realty Ltd. · Data source: CREA DDF.
Description
Exceptional development opportunity in the heart of North Burnaby. This 1/2 acre property is designated under the Burnaby OCP as Low-Rise Apartment (2-8 Storeys) and is located within a Transit-Oriented Development Area, offering tremendous future redevelopment potential. Centrally positioned with convenient access to SkyTrain, major transit routes, Brentwood, Lougheed, SFU, shopping, parks, and everyday amenities. Surrounded by several major master-planned communities and ongoing redevelopment projects, this site is ideally situated in one of Burnaby´s most rapidly evolving neighbourhoods. Rare chance for builders, developers, and investors to secure a large assembly-style property with significant upside potential. Don´t miss this outstanding opportunity in a high-growth location. (id:63159)
Values & Trends
This listing
$1,353/sqft
Building average
—
No other active listings in this building
Burnaby average
$825/sqft
466 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.
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
Source: Fraser Valley Real Estate Board (FVREB).
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
33
5/9 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 | 493 m |
| Sperling Elementary | Elementary | 584 m |
| Lochdale Community Elementary | Elementary | 1.4 km |
| Ecole Seaforth Elementary | Elementary | 1.7 km |
| Parkcrest Elementary | Elementary | 1.8 km |
| Burnaby Montessori School(Independent) | Elementary | 1.9 km |
| Westridge Elementary | Elementary | 2.1 km |
| Aubrey Elementary | Elementary | 2.2 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
| Stop | Type | Distance |
|---|---|---|
| Southbound Bainbridge Ave @ Broadway | — | 26 m |
| Westbound Broadway @ Bainbridge Ave | — | 95 m |
| Eastbound Broadway @ E Ellerslie Ave | — | 111 m |
| Southbound Duthie Ave @ Broadway | — | 185 m |
| Northbound Bainbridge Ave @ Lougheed Hwy | — | 186 m |
Nearby Places
Restaurants (1)
- Gaya Sushi288 m
Cafes (1)
- Tim Hortons211 m
Grocery (1)
- Don Chendo Mexican Products · 6994 Greenwood Street599 m
Parks (3)
- Sperling Park510 m
- Camrose Park552 m
- Montecito Park609 m
Banks & ATMs (1)
- RBC · 2840 Bainbridge Avenue198 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($900,000) — 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.