Property Type: Land / Lot

4965 PIONEER AVENUE

Burnaby, BC V5G3J5

$2,700,000

2,092 sqftBuilt 1958
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Amenities

Also listed: Balconies, Street Lighting

Property Details

Property & Lot

Lot size
7,808 square feet

R-1

Ownership & Fees

Property type
Land / Lot
Annual property tax
$6,432.31 (2024)

Interior

Fireplace
None

Listing Information

MLS®
C8070747
Listed
July 14, 2025
Time on market
On the market for 413 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Land Assembly! Area ready for redevelopment! 3 lots totalling 23,424 sq ft can be sold as a package. 4965 and 5017 Pioneer Avenue can be sold in conjunction with 4949 Pioneer Avenue. The draft Burnaby OCP 2050 designates these properties for lowrise 6 story apartment.Currently zoning allows for 6 unit Multiplex on each lot.(18 units in total with City approval) Prime South Burnaby location close to Metrotown, BCIT, Highway 1, City Hall,2 schools and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1,Lougheed Hwy and Kingsway. A great opportunity with a terrific upside! (id:63159)

Values & Trends

This listing

$1,291/sqft

Building average

No other active listings in this building

Burnaby average

$1,123/sqft

8 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

15

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
Moscrop SecondarySecondary526 m
Chaffey-Burke ElementaryElementary639 m
École Inman ElementaryElementary1.1 km
École Marlborough ElementaryElementary1.3 km
Gilpin ElementaryElementary1.4 km
Deer Lake SDA School(Independent)K-121.4 km
Cascade Heights ElementaryElementary1.6 km
Royal Oak Secondary ProgramElementary1.6 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
Southbound Willingdon Ave @ Wildwood Cres99 m
Northbound Willingdon Ave @ Grassmere St109 m
Northbound Willingdon Ave @ Price St134 m
Southbound Willingdon Ave @ Price Cres159 m
Northbound Willingdon Ave @ Burke St260 m

Nearby Places

Restaurants (3)

  • No. 1 Beef Noodle · 4741 Willingdon Avenue348 m
  • Sushi S · 4739 Willingdon Avenue362 m
  • Royal Paan · 4735 Willingdon Avenue382 m

Parks (5+)

  • Unnamed300 m
  • Westburn Ravine Park311 m
  • Unnamed405 m
  • Unnamed406 m
  • Wesburn Park577 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($540,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,160,000.00
Periodic payment — Principal & Interest (monthly)$13,935.59
Additional monthly expenses (strata, tax, utilities, etc.)$641.03
Total monthly cost$14,576.61
Interest paid over 5-yr term$619,062.21
Balance at end of term$1,942,926.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$540,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,609.64

Cash Needed at Closing

Minimum down payment$540,000
Estimated BC PTT$59,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$600,500

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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