Property Type: Detached HouseOwnership: Freehold

4881 HIGHLAWN DRIVE

Burnaby, BC V5C3T2

$1,980,000

3 bed1 bath3 parking2,337 sqftBuilt 1955
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Property Details

Property & Lot

Sub-type
House
Lot size
7,564 square feet
Frontage
62 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,298 (2025)

Interior

Basement
Partially finished, Unknown, Unknown
Heating
Forced air
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3085958
Listed
February 3, 2026
Time on market
On the market for 209 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Magsen Realty Inc. · Data source: CREA DDF.

Description

Great building lot located in Brentmall Park. 62 x 122 (7564 S/F) beautiful CORNER lot with South, East and West view. This beautiful property also located within 800m Brentwood Centre Skytrain, Burnaby's Transit Oriented Development. (id:63159)

Values & Trends

This listing

$847/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 3 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

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

30

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
Holy Cross Elementary School(Independent)Elementary178 m
Brentwood Park ElementaryElementary239 m
Alpha SecondarySecondary941 m
Parkcrest ElementaryElementary1.1 km
Aubrey ElementaryElementary1.2 km
Confederation Park ElementaryElementary1.5 km
Capitol Hill ElementaryElementary1.6 km
Burnaby North SecondarySecondary1.7 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
Southbound Delta Ave @ Southlawn Dr45 m
Northbound Delta Ave @ Brentlawn Dr90 m
Southbound Delta Ave @ Brentlawn Dr103 m
Northbound Delta Ave @ Southlawn Dr122 m
Eastbound Brentlawn Dr @ Beta Ave328 m

Nearby Places

Restaurants (5+)

  • JINYA Ramen Bar · 4567 Lougheed Highway605 m
  • Bow & Stern · 4567 Lougheed Highway611 m
  • Cazba Persian Grill · 4567 Lougheed Highway638 m
  • Haidilao Express640 m
  • Glorious Bao + Fried Rice642 m

Cafes (4)

  • Bubble Waffle Cafe · 4567 Lougheed Highway614 m
  • Tim Hortons · Lougheed Highway624 m
  • Chatime · 4567 Lougheed Highway629 m
  • Starbucks · 4501 Lougheed Highway756 m

Parks (4)

  • Brentwood Park334 m
  • Springer Park375 m
  • Beecher Park573 m
  • Brentwood Town Centre Park Site743 m

Shopping (3)

  • Brentwood Town Centre573 m
  • Unnamed588 m
  • The Amazing Brentwood Shopping Centre · 4567 Lougheed Highway590 m

Gyms (1)

  • Evolve Strength Brentwood · 1920 Willingdon Avenue694 m

Pharmacies (1)

  • London Drugs · 1920 Willingdon Avenue748 m

Banks & ATMs (5+)

  • CIBC · 4622 Brentwood Boulevard614 m
  • BMO · Lougheed Highway621 m
  • Scotiabank · 4615 Lougheed Highway632 m
  • Vancity709 m
  • Vancity710 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($396,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,584,000.00
Periodic payment — Principal & Interest (monthly)$10,219.43
Additional monthly expenses (strata, tax, utilities, etc.)$641.83
Total monthly cost$10,861.26
Interest paid over 5-yr term$453,978.95
Balance at end of term$1,424,813.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$396,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,180.41

Cash Needed at Closing

Minimum down payment$396,000
Estimated BC PTT$37,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$435,100

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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