Property Type: Detached HouseOwnership: Freehold

4116 GILPIN CRESCENT

Burnaby, BC V5G2K2

$2,250,000

4 bed3 bath2 parking2,680 sqftBuilt 1954
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
6,600 square feet
Frontage
60 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,554.04 (2025)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Forced air, Natural gas
Fireplace
None
Appliances
All

Exterior & Lot

View
View

Building

Parcel ID (PID)
002-992-833

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3158220
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2025
Data last synced
August 30, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

Set in the heart of Garden Village, this spacious two-level residence sits on an approx. 6,600 sq. ft. lot with back lane access, enjoying a pleasant outlook over Wesburn Park and views toward the North Shore mountains. Features 3 bedrooms upstairs plus a fully renovated 2-bedroom suite downstairs, offering a flexible and functional layout. The main level features a generous living room with hardwood flooring, updated kitchen and bathrooms, and a good-sized primary bedroom with full ensuite. The renovated basement includes new flooring and appliances. Double garage, fully fenced yard and attractive Japanese style landscaping. Conveniently located near Inman Elementary, Moscrop Secondary, BCIT, Burnaby Hospital, Metrotown, transit, shopping and parks. (id:63159)

Values & Trends

This listing

$840/sqft

Building average

No other active listings in this building

Burnaby average

$826/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

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
École Inman ElementaryElementary383 m
Moscrop SecondarySecondary650 m
Cascade Heights ElementaryElementary820 m
Graham Bruce Community ElementaryElementary911 m
Chaffey-Burke ElementaryElementary962 m
Collingwood Neighbourhood SchoolElementary1.5 km
St Mary's(Independent)Elementary1.6 km
Whytecliff Agile Learning Centre-Burnaby(Independent)Secondary1.6 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
Northbound Patterson Ave @ Castlewood Cres44 m
Southbound Patterson Ave @ Castlewood Cres76 m
Southbound Patterson Ave @ Moscrop St183 m
Northbound Patterson Ave @ Moscrop St187 m
Northbound Patterson Ave @ Hazelwood Cres220 m

Nearby Places

Restaurants (3)

  • No. 1 Beef Noodle · 4741 Willingdon Avenue673 m
  • Royal Paan · 4735 Willingdon Avenue678 m
  • Sushi S · 4739 Willingdon Avenue682 m

Parks (5+)

  • Wesburn Park291 m
  • Unnamed435 m
  • Unnamed444 m
  • Westburn Ravine Park523 m
  • Unnamed591 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($450,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,800,000.00
Periodic payment — Principal & Interest (monthly)$11,612.99
Additional monthly expenses (strata, tax, utilities, etc.)$680.17
Total monthly cost$12,293.16
Interest paid over 5-yr term$515,885.17
Balance at end of term$1,619,105.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$450,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,841.37

Cash Needed at Closing

Minimum down payment$450,000
Estimated BC PTT$45,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$497,000

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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