Property Type: Detached HouseOwnership: Freehold

3831 MARINE DRIVE

Burnaby, BC V5J3E3

$1,329,000

4 bed2 bath6 parking2,110 sqftBuilt 1950
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
8,330 square feet
Frontage
54 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,524.71 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air, Natural gas, Hot Water
Fireplace
Yes (2)

Parking

Total spaces
6

Listing Information

MLS®
R3147092
Listed
July 16, 2026
Time on market
On the market for 46 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Centre Realty · Data source: CREA DDF.

Description

Builders welcome, Multiplex zoning opportunities or build a grand single-family estate, this massive lot provides the perfect canvas. The central location offers easy access to local amenities, transit, and schools, making it an ideal spot for future development.This is an older home brimming with original character, waiting for a creative touch or a fresh start.Features two cozy wood-burning fireplaces and a function, A large deck overlooks the substantial backyard, perfect for entertaining. A suite, offering potential rental income during the planning phases. The home is in original condition and requires updating, providing a blank slate for a complete renovation.Currently heated via an active oil tank. The property is being sold in "AS IS, WHERE IS" condition. (id:63159)

Values & Trends

This listing

$630/sqft

Building average

No other active listings in this building

Burnaby average

$827/sqft

466 active listing(s)

Parking: 6 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

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

15

3/9 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
Suncrest ElementaryElementary780 m
Champlain Heights AnnexElementary1.0 km
Champlain Heights Community ElementaryElementary1.5 km
South Slope ElementaryElementary1.5 km
Captain James Cook ElementaryElementary1.7 km
Nelson ElementaryElementary1.9 km
Maywood Community ElementaryElementary2.2 km
Burnaby Youth Hub Secondary ProgramElementary2.2 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 Marine Dr @ Joffre Ave44 m
Northbound Joffre Ave @ Maple Tree Lane108 m
Eastbound Marine Dr @ Greenall Ave139 m
Westbound Marine Dr @ Greenall Ave152 m
Northbound Joffre Ave @ Carson St253 m

Nearby Places

Cafes (2)

  • Tim Hortons · 8607 Glenlyon Parkway708 m
  • Olivo Cafe768 m

Parks (4)

  • Boundary Creek Ravine Park248 m
  • Kaymar Creek Ravine Park378 m
  • Promontory Park · 3601 Marine Way549 m
  • Suncrest Park773 m

Banks & ATMs (1)

  • Unnamed · 8655 Boundary Road514 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($107,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,063,200.00
Periodic payment — Principal & Interest (monthly)$6,859.41
Additional monthly expenses (strata, tax, utilities, etc.)$566.39
Total monthly cost$7,425.80
Interest paid over 5-yr term$304,716.18
Balance at end of term$956,351.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$107,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,389.83

Cash Needed at Closing

Minimum down payment$107,900
Estimated BC PTT$24,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$133,980

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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