Property Type: Land / LotOwnership: Freehold

4269 HASTINGS STREET

Burnaby, BC V5C2J5

$3,999,000

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Property Details

Property & Lot

Lot size
7,543 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$40,185.32 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3145684
Listed
July 13, 2026
Time on market
On the market for 49 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

One-of-a-kind CMHC-assumed development site in Burnaby Heights - an opportunity you don't want to miss! Welcome to a rare and shovel-ready development site in one of the most desirable and fastest-growing neighbourhoods in North Burnaby. This 7,542 SQFT corner site is fully designed for a six-storey mixed-use project, aligning with the City of Burnaby's Urban Village vision. The proposal includes 37 thoughtfully planned non-market rental and multifamily strata homes, 2897 SQFT of vibrant ground-level commercial space, and a generous 4,934 SQFT rooftop amenity for future residents. Passed Second Reading and ready for Development Permit application. With CMHC approval secured, construction could begin as early as November 2026. Located in Burnaby Heights, a dynamic, walkable community known (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Burnaby average

$1,141/sqft

9 active listing(s)

Parking: Not indicatedStorage 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.

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

63

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
Fawkes Academy(Independent)K-12199 m
Rosser ElementaryElementary288 m
Gilmore Community ElementaryElementary430 m
St. Helen's(Independent)Elementary729 m
Alpha SecondarySecondary879 m
Confederation Park ElementaryElementary978 m
Kitchener ElementaryElementary1.0 km
St. John's Academy(Independent)Secondary1.0 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
Westbound Hastings St @ Madison Ave26 m
Eastbound Hastings St @ Madison Ave104 m
Westbound Hastings St @ Gilmore Ave287 m
Eastbound Hastings St @ Gilmore Ave294 m
Eastbound Hastings St @ Willingdon Ave314 m

Nearby Places

Restaurants (5+)

  • Tentatsu Japanese Restaurant Burnaby · 4266 Hastings Street50 m
  • Chén · 4280 Hastings Street51 m
  • Anton's Pasta Bar · 4260 Hastings Street54 m
  • Shen Sushi · 4219 Hastings Street85 m
  • Siam Le Bien Thai Cuisine · 4217 Hastings Street93 m

Cafes (5+)

  • JJ Bean · 4299 Hastings Street46 m
  • Fiordilatte Gelateria & Cafe · 4233 Hastings Street47 m
  • Teaspoons · 4321 Hastings Street119 m
  • Presso Cafe · 4202 Hastings Street141 m
  • Burnt Orange Cafe + Bistro · 4332 Hastings Street144 m

Grocery (5+)

  • Sungiven Foods · 4106 Hastings Street324 m
  • Safeway · 4440 Hastings Street383 m
  • Proviland Gtocery · 4047 Hastings Street422 m
  • Burnaby Heights Persian Market and Halal Meats · 281 Willingdon Avenue453 m
  • Mi Tierra Latina · 3993 Hastings Street528 m

Parks (5+)

  • West-Sells Park542 m
  • Unnamed696 m
  • Unnamed745 m
  • Unnamed · 4248 McGill Street747 m
  • Unnamed · 4280 McGill Street747 m

Gyms (5+)

  • EZFit · 353 Gilmore Avenue357 m
  • Avanti Athletics · 406 Willingdon Avenue484 m
  • Foundation Fitness621 m
  • Foundation · 3916 Hastings Street621 m
  • Orangetheory Fitness · 4588 Hastings Street638 m

Pharmacies (5+)

  • Shoppers Drug Mart · 4303 Hastings Street79 m
  • Total Care Pharmacy · 4345 Hastings Street148 m
  • Pharmasave · 4367 Hastings Street241 m
  • Gilmore Pharmacy · 320 Gilmore Avenue337 m
  • We Care Pharmacy · 4473 Hastings Street403 m

Banks & ATMs (5+)

  • TD · 4298 Hastings Street63 m
  • Vancity · 4302 Hastings Street94 m
  • Presso Cafe - Bitcoin Well ATM · 4204 Hastings Street141 m
  • Gulf & Fraser161 m
  • RBC Royal Bank249 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($799,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,199,200.00
Periodic payment — Principal & Interest (monthly)$20,640.15
Additional monthly expenses (strata, tax, utilities, etc.)$3,348.78
Total monthly cost$23,988.93
Interest paid over 5-yr term$916,899.92
Balance at end of term$2,877,690.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$799,800
Stress test qualifying rate8.09%
Payment you must qualify for$24,600.73

Cash Needed at Closing

Minimum down payment$799,800
Estimated BC PTT$117,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$919,250

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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