Property Type: Detached HouseOwnership: Freehold

5039 MARINE DRIVE

Burnaby, BC V5J3G5

$1,699,000

7 bed4 bath6 parking2,276 sqftBuilt 1968
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
7,936 square feet
Frontage
62 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,595.3 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
6 — uncovered indicated
Features
RV, Tandem

Listing Information

MLS®
R3095159
Listed
March 3, 2026
Time on market
On the market for 182 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: LeHomes Realty Premier · Data source: CREA DDF.

Description

Fantastic investment opportunity-perfect to live or hold for future potential. The large lot offers a desirable south-facing view and convenient lane access. Fully renovated in 2010, featuring a new roof, furnace, hot water tank, plumbing, electrical and gas systems, windows, flooring, kitchen, bathrooms, and built-in cabinets in the living room and bedrooms. The main floor includes 3 spacious bedrooms and 2 bathrooms, offering comfortable family living. The walk-out lower level presents excellent income potential, with the possibility of creating two separate rental suites-each with 2 bedrooms and 1 bathroom. Just steps from Frogger's Creek Ravine and close to schools, shopping malls, golf courses, and community centers, this property truly has it all. Don´t miss this rare opportunity! (id:63159)

Values & Trends

This listing

$746/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 6 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

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
Nelson ElementaryElementary930 m
Glenwood ElementaryElementary942 m
Clinton ElementaryElementary1.1 km
Burnaby South SecondarySecondary1.1 km
South Slope ElementaryElementary1.3 km
Burnaby Youth Hub Secondary ProgramElementary1.7 km
Maywood Community ElementaryElementary1.8 km
Windsor ElementaryElementary2.1 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
Eastbound Marine Dr @ 4900 Block139 m
Westbound Marine Dr @ 4900 Block153 m
Eastbound Marine Dr @ Royal Oak Ave264 m
Westbound Marine Dr @ Royal Oak Ave267 m
Northbound Nelson Ave @ Carson Place322 m

Nearby Places

Restaurants (1)

  • Riverway Restaurant · 9001 Bill Fox Way740 m

Parks (3)

  • Froggers Creek Ravine Park365 m
  • Alta Vista Reservoir Park470 m
  • Gray Creek Ravine Park611 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,359,200.00
Periodic payment — Principal & Interest (monthly)$8,769.10
Additional monthly expenses (strata, tax, utilities, etc.)$580.28
Total monthly cost$9,349.37
Interest paid over 5-yr term$389,550.63
Balance at end of term$1,222,604.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,451.77

Cash Needed at Closing

Minimum down payment$339,800
Estimated BC PTT$31,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,280

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.

Request more information