4021 GRAVELEY STREET
Burnaby, BC V5C3T5
$1,998,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,600 square feet
- Frontage
- 50 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,993.5 (2025)
Interior
- Heating
- Forced air
- Fireplace
- None
Listing Information
- MLS®
- R3061435
- Listed
- October 23, 2025
- Time on market
- On the market for 312 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Luxmore Realty · Data source: CREA DDF.
Description
This is a rare opportunity to acquire a M-3 Zoned (Heavy Industrial) property in the highly sought-after Willingdon Heights area of Burnaby. Ideally located just minutes from Highway #1, this 6,600 square ft lot (50ft x 132ft) offers ample space to construct your ideal building. The property is being sold for land value only, with the existing residential structure being sold "as is, where is" and is considered a teardown by potential buyers. (id:63159)
Values & Trends
This listing
$1,092/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
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
44
8/9 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 |
|---|---|---|
| Kitchener Elementary | Elementary | 278 m |
| Outlook Secondary Program | Elementary | 599 m |
| Fawkes Academy(Independent) | K-12 | 1.2 km |
| Alpha Secondary | Secondary | 1.3 km |
| St. John's Academy(Independent) | Secondary | 1.4 km |
| Thunderbird šxʷəxʷaʔəs Elementary | Elementary | 1.4 km |
| St. Helen's(Independent) | Elementary | 1.5 km |
| Gilmore Community Elementary | 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 |
|---|---|---|
| Southbound Gilmore Ave @ Douglas Rd | — | 106 m |
| Northbound Gilmore Ave @ 1st Ave | — | 136 m |
| Southbound Gilmore Ave @ Kitchener St | — | 174 m |
| Northbound Gilmore Ave @ Halifax St | — | 226 m |
| Southbound Gilmore Ave @ 2nd Ave | — | 312 m |
Nearby Places
Restaurants (5+)
- White Spot · 4129 Lougheed Highway467 m
- Big Way Hot Pot · 4172 Lougheed Highway542 m
- Cactus Club Cafe · 4219B Lougheed Highway545 m
- Big Way Hot Pot · 4172 Lougheed Highway548 m
- Sabai Thai · 4172 Lougheed Highway550 m
Cafes (5+)
- Tim Hortons · 4191 Lougheed Highway497 m
- Enzo's Café · 1205 Madison Avenue572 m
- Suzette's · 3993 Henning Drive608 m
- Trees Organic Coffee · 4112 Lougheed Highway609 m
- Sun Tea · 4112 Lougheed Highway622 m
Grocery (2)
- 大統華 T&T Supermarket · 4112 Lougheed Highway631 m
- Save-On-Foods671 m
Parks (1)
- Willingdon Heights Park225 m
Shopping (2)
- Madison Centre · 4399 Lougheed Highway707 m
- Winners · 1899 Rosser Avenue715 m
Gyms (5+)
- Club 16 Trevor Linden Fitness · Lougheed Highway462 m
- Happy Gilmore Golf Lounge · 4172 Lougheed Highway537 m
- Club Pilates · 4112 Lougheed Highway541 m
- Oxygen Yoga & Fitness · 4142 Dawson Street709 m
- 30 Minute Hit · 1801 Rosser Avenue734 m
Pharmacies (1)
- Dawson Pharmacy · 4218 Dawson Street755 m
Banks & ATMs (1)
- BDC538 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
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Financial Ledger
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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.