Property Type: Detached HouseOwnership: Freehold

3918 UNION STREET

Burnaby, BC V5C2W7

$1,290,000

0 bed2 bath2 parking2,219 sqftBuilt 1962
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Property Details

Property & Lot

Sub-type
House
Lot size
4,026 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,851.93 (2025)

Interior

Basement
Partially finished, Unknown, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3156834
Listed
August 18, 2026
Time on market
On the market for 13 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Dexter Realty · Data source: CREA DDF.

Description

Rare opportunity to secure a 4,026 sq. ft. lot in sought-after Willingdon Heights with excellent redevelopment potential. Zoned Rl under Burnaby's SSMUH framework. The existing home is currently boarded for security and is being sold as-is, where-is. The existing structure may potentially be renovated and made livable, subject to the buyer's own inspection, due diligence, permits and City requirements. Conveniently located near transit, schools, parks (id:63159)

Values & Trends

This listing

$581/sqft

Building average

No other active listings in this building

Burnaby average

$827/sqft

466 active listing(s)

Parking: 2 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

48

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
Kitchener ElementaryElementary522 m
Fawkes Academy(Independent)K-12599 m
St. John's Academy(Independent)Secondary615 m
St. Helen's(Independent)Elementary722 m
Gilmore Community ElementaryElementary841 m
Sir John Franklin CommunityElementary873 m
Rosser ElementaryElementary1.0 km
Alpha SecondarySecondary1.3 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
Southbound Gilmore Ave @ Georgia St282 m
Northbound Gilmore Ave @ Union St285 m
Southbound Gilmore Ave @ Venables St287 m
Northbound Gilmore Ave @ Parker St316 m
Northbound Gilmore Ave @ Frances St375 m

Nearby Places

Restaurants (5+)

  • Toyo Sushi · 3978A Hastings Street396 m
  • Chad Thai Restaurant · 4010 Hastings Street425 m
  • bb.q Chicken · 4016 Hastings Street432 m
  • Sopra Sotto · 4022 Hastings Street433 m
  • Rens Cafe · 3901 Hastings Street436 m

Cafes (5+)

  • Big Shots Cafe399 m
  • Cup & Bun446 m
  • Panino Mio · 4092 Hastings Street471 m
  • Cioffi's Cucina · 4150 Hastings Street552 m
  • La Fontana Cafe592 m

Grocery (3)

  • Mi Tierra Latina · 3993 Hastings Street446 m
  • Proviland Gtocery · 4047 Hastings Street477 m
  • Sungiven Foods · 4106 Hastings Street500 m

Parks (3)

  • West-Sells Park231 m
  • Adanac Park · 1025 Boundary Road555 m
  • Willingdon Heights Park735 m

Gyms (5+)

  • Foundation Fitness377 m
  • Foundation · 3916 Hastings Street380 m
  • Float Sense North Burnaby · 3764 Hastings Street482 m
  • Anytime Fitness519 m
  • EZFit · 353 Gilmore Avenue521 m

Pharmacies (3)

  • The Medicine Shoppe · 3982 Hastings Street397 m
  • Wescana429 m
  • Gilmore Pharmacy · 320 Gilmore Avenue575 m

Banks & ATMs (5+)

  • CIBC · 4101 Hastings Street522 m
  • Presso Cafe - Bitcoin Well ATM · 4204 Hastings Street632 m
  • Gulf & Fraser634 m
  • TD · 4298 Hastings Street771 m
  • Vancity · 4302 Hastings Street800 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,032,000.00
Periodic payment — Principal & Interest (monthly)$6,658.11
Additional monthly expenses (strata, tax, utilities, etc.)$598.66
Total monthly cost$7,256.77
Interest paid over 5-yr term$295,774.17
Balance at end of term$928,287.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,119.92

Cash Needed at Closing

Minimum down payment$104,000
Estimated BC PTT$23,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$129,300

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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