Property Type: DuplexOwnership: Freehold

3 8483 16TH AVENUE

Burnaby, BC V3N1S4

$1,745,000

4 bed4 bath1 parking2,381 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Duplex

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$0 (2025)

Interior

Basement
Separate entrance, Unknown, Unknown
Heating
Heat Pump, Forced air, Electric
Fireplace
None

Building

Parcel ID (PID)
800-188-635

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3156806
Listed
August 18, 2026
Time on market
On the market for 13 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

Built by renowned Riverline Homes, designed by Kenzi Design House this unique 3 floor detached multi family home design is truly a show stopper! Offering a 4 bed & 3.5 bath layout, with one bedroom on the lst floor that includes its own bathroom and separate entrance. Walk into your dream kitchen with panel front Fisher & Paykel appliances (5 burner gas range & integrated fridge & DW) along with a large island. The home offers custom floor to ceiling closets and resort like bathrooms with textured wall tiles and seamless walk-in showers. The home has central A/C built in along with Lutron home automation. Bonus: your own private yard, epoxy patio! a flawless execution of sophisticated design that is rarely seen in today's market. (id:63159)

Values & Trends

This listing

$733/sqft

Building average

No other active listings in this building

Burnaby average

$722/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

11

2/9 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
Cariboo Hill SecondarySecondary291 m
John Knox Christian - Elementary Campus(Independent)Elementary660 m
Armstrong ElementaryElementary739 m
F W Howay ElementaryElementary790 m
Second Street Community ElementaryElementary806 m
Ecole Glenbrook Middle SchoolMiddle1.3 km
Skwo:wechElementary1.5 km
St. Michaels(Independent)Elementary1.6 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
Westbound 16 Ave @ Cumberland St24 m
Westbound 16 Ave @ Wright St253 m
Northbound Cumberland St @ Armstrong Ave308 m
Eastbound Armstrong Ave @ Cumberland St350 m
Westbound Armstrong Ave @ Coquitlam St428 m

Nearby Places

Cafes (1)

  • Connections Coffee · 8255 13th Avenue591 m

Parks (5+)

  • George H. Leaf Park457 m
  • Cariboo Hill School Park477 m
  • Cumberland Park569 m
  • Unnamed721 m
  • Unnamed768 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($349,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,396,000.00
Periodic payment — Principal & Interest (monthly)$9,006.52
Additional monthly expenses (strata, tax, utilities, etc.)$119.00
Total monthly cost$9,125.52
Interest paid over 5-yr term$400,097.61
Balance at end of term$1,255,706.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$349,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,734.75

Cash Needed at Closing

Minimum down payment$349,000
Estimated BC PTT$32,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$383,400

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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