3977 FOREST STREET
Burnaby, BC V5G1W7
$1,799,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,222 square feet
- Frontage
- 51 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,460.52 (2025)
Interior
- Basement
- Finished, Unknown, Unknown
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (1)
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3144303
- Listed
- July 8, 2026
- Time on market
- On the market for 54 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Centre Realty · Data source: CREA DDF.
Description
This PRIME location, LARGE 6200 sqft+ lot (51 X 122) in Burnaby can be yours. Offering close to 1900 sqft of living space across two levels & perfectly situated close (but not to close) to Burnaby Hospital. This property is perfect for a growing family or investors looking to hold, redevelop or renovate. This 2 level home features a large living room, kitchen, dining room & 2 bedrooms + 1 bath upstairs along with a 1 bedroom, 1 bathroom mortgage helper suite downstairs. The home is certainly livable but the value is in the prime flat lot. Located close to Cascade Elementary School, Moscrop High School, Metrotown Mall, Brentwood Mall, Central Park, Patterson & Joyce Skytrain Stations & Hwy 1 Access. Don't miss this opportunity! (id:63159)
Values & Trends
This listing
$963/sqft
Building average
—
No other active listings in this building
Burnaby average
$826/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
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
30
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 |
|---|---|---|
| Cascade Heights Elementary | Elementary | 466 m |
| Whytecliff Agile Learning Centre-Burnaby(Independent) | Secondary | 800 m |
| Moscrop Secondary | Secondary | 916 m |
| Graham Bruce Community Elementary | Elementary | 939 m |
| École Inman Elementary | Elementary | 1.0 km |
| Vancouver Christian(Independent) | K-12 | 1.2 km |
| Renfrew Community Elementary | Elementary | 1.2 km |
| Sir Wilfred Grenfell Community | Elementary | 1.5 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 |
|---|---|---|
| Westbound Kincaid St @ Ingleton Ave | — | 122 m |
| Eastbound Kincaid St @ MacDonald Ave | — | 131 m |
| Southbound Ingleton Ave @ Sunset St | — | 176 m |
| Northbound Ingleton Ave @ Sunset St | — | 197 m |
| Eastbound Kincaid St @ Smith Ave | — | 257 m |
Nearby Places
Restaurants (5+)
- El Inka Deli Restaurant292 m
- Kimu Japanese Cuisine · 4441 Boundary Road691 m
- Border Burrito · 4453 Boundary Road698 m
- Agra Tandoori Restaurant775 m
- Argo Greek781 m
Cafes (1)
- Mom's Cafe · 3555 Gilmore Way628 m
Grocery (1)
- Hanna Meats & Grocery · 3822 Sunset Street300 m
Parks (1)
- Avondale Park524 m
Pharmacies (2)
- Guardian · 3835 Sunset Street284 m
- Sunset Pharmacy · 3818 Sunset Street304 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($359,980) — 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.