4298 MCGILL STREET
Burnaby, BC V5C1M9
$1,799,000
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
- $5,812 (2025)
Interior
- Basement
- Unfinished, Full, Unknown
- Heating
- Baseboard heaters, Hot Water
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- Waterfront
- Waterfront
Parking
- Total spaces
- 2 — covered indicated
- Features
- Detached Garage
Listing Information
- MLS®
- R3133075
- Listed
- June 9, 2026
- Time on market
- On the market for 83 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.
Description
Prime Corner Lot in the Heart of Burnaby Heights | Great opportunity to own a piece of one of Burnaby's most sought-after neighbourhoods. Situated on quiet street adjacent to McGill Park, this 2 BED / 3 BATH home offers exceptional flexibility - build, renovate or develop with new SSMUH zoning. Upper level features functional layout with 2 BED, full kitchen with window overlooking park, BI oven & range top, living room & eating area. 4 piece bath with soaker tub & separate shower & cozy gas FP enhances the living space. Additional highlights include HW on demand & A/C. Detached garage with rear lane access & unfinished basement is a blank canvas ready for your vision - recroom, workshop or media room. Step outside & everything is at your fingertips. Directly across from McGill Park playground, walk to Burnaby Heights Park, & close to leisure centre, library, local shops & some of the best dining in the neighbourhood. Property on the popular Trans-Canada Trail linking Vancouver all the way to Nova Scotia. (id:63159)
Values & Trends
This listing
$764/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
6/9 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 |
|---|---|---|
| Rosser Elementary | Elementary | 556 m |
| Gilmore Community Elementary | Elementary | 558 m |
| Fawkes Academy(Independent) | K-12 | 827 m |
| St. Helen's(Independent) | Elementary | 885 m |
| Confederation Park Elementary | Elementary | 1.1 km |
| St. John's Academy(Independent) | Secondary | 1.3 km |
| Alpha Secondary | Secondary | 1.5 km |
| Sir John Franklin 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 Eton St @ N Madison Ave | — | 87 m |
| Eastbound Eton St @ N Madison Ave | — | 100 m |
| Eastbound Eton St @ N Carleton Ave | — | 183 m |
| Westbound Eton St @ N Carleton Ave | — | 237 m |
| Eastbound Eton St @ N Gilmore Ave | — | 385 m |
Nearby Places
Restaurants (2)
- Shen Sushi · 4219 Hastings Street786 m
- Siam Le Bien Thai Cuisine · 4217 Hastings Street788 m
Cafes (4)
- JJ Bean · 4299 Hastings Street774 m
- Teaspoons · 4321 Hastings Street777 m
- Fiordilatte Gelateria & Cafe · 4233 Hastings Street780 m
- Caffè Artigiano · 4359 Hastings Street788 m
Grocery (1)
- Burnaby Heights Persian Market and Halal Meats · 281 Willingdon Avenue776 m
Parks (5+)
- Unnamed · 4280 McGill Street28 m
- Unnamed · 4248 McGill Street63 m
- Unnamed · 4232 McGill Street103 m
- Unnamed107 m
- McGill Park147 m
Pharmacies (3)
- Shoppers Drug Mart · 4303 Hastings Street771 m
- Total Care Pharmacy · 4345 Hastings Street781 m
- Pharmasave · 4367 Hastings Street792 m
Banks & ATMs (2)
- Asom Food Store - Bitcoin Well ATM · 4096 Oxford Street522 m
- Bitcoin ATM Localcoin · 281 Willingdon Avenue778 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($359,800) — 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.