Property Type: Land / Lot

5080 IMPERIAL STREET

Burnaby, BC V5J1C8

$2,590,000

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Property Details

Property & Lot

Lot size
7,524 square feet

E1

Ownership & Fees

Property type
Land / Lot
Annual property tax
$6,113.39 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8081463
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Must See! Approx. 7,524 SqFt vacant land (Approx. 57.5 Ft frontage) in Burnaby Metrotown area. E1 zone, suit for light industrial, commercial, and recreational uses. A rare opportunity for people who are looking for ready to build site in such prime location. Call now for more details! (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

8/9 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
Burnaby Youth Hub Secondary ProgramElementary407 m
Maywood Community ElementaryElementary634 m
Burnaby South SecondarySecondary761 m
Nelson ElementaryElementary786 m
École Marlborough ElementaryElementary876 m
South Slope ElementaryElementary1.1 km
Windsor ElementaryElementary1.3 km
Clinton ElementaryElementary1.4 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
Royal Oak Station @ Platform 1278 m
Royal Oak Station @ Platform 2284 m
Westbound Beresford St @ Royal Oak Ave312 m
Eastbound Kingsway @ Royal Oak Ave368 m
Westbound Kingsway @ Royal Oak Ave394 m

Nearby Places

Restaurants (5+)

  • Something Sweet · 6888 Royal Oak Avenue204 m
  • Jia Wei Restaurant · 4854 Imperial Street253 m
  • Alvin Garden · 4850 Imperial Street264 m
  • Kamamarui Ramen & Sushi · 6514 Royal Oak Avenue326 m
  • John 3:16 Malaysian Delights · 5152 Kingsway349 m

Cafes (5+)

  • Sweet Puffin · 5252 Imperial Street189 m
  • D² Tea Lab · 6868 Royal Oak Avenue193 m
  • Ki Tea House Cafe · 6888 Royal Oak Avenue219 m
  • Café 106 · 6588 Royal Oak Avenue268 m
  • 1003 Brunch & Dessert · 6540 Burlington Avenue304 m

Grocery (5+)

  • Boemma Euro Foods & Deli · 5172 Kingsway335 m
  • Wholesale Club · 5335 Kingsway458 m
  • Hannam Supermarket · 5609 Imperial Street605 m
  • Ribbon · 5593 Kingsway630 m
  • Walmart Supercentre · 4545 Central Boulevard728 m

Parks (5+)

  • BC Parkway94 m
  • Unnamed278 m
  • Lobley Park318 m
  • Bonsor Park423 m
  • Ledingham Park · 7298 Jubilee Avenue635 m

Shopping (2)

  • Muji · 4700 Kingsway646 m
  • Metropolis at Metrotown · 4700 Kingsway779 m

Gyms (3)

  • Fitness World · 5500 Kingsway458 m
  • Playground599 m
  • Uplift Fitness · 7542 Royal Oak Avenue757 m

Pharmacies (5+)

  • Imperial Remedy's Rx Pharmacy · 5262 Imperial Street226 m
  • Bonsor Pharmacy & Medical Supplies469 m
  • London Drugs · 4970 Kingsway473 m
  • Imperial Neighbourhood Pharmacy · 4648 Imperial Street564 m
  • Innwell Pharmacy · 4655 Central Boulevard620 m

Banks & ATMs (5+)

  • Vancity · 5064 Kingsway396 m
  • RBC457 m
  • TD · 4994 Kingsway466 m
  • Coast Capital Savings · 4820 Kingsway613 m
  • Coast Capital Savings625 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($518,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,072,000.00
Periodic payment — Principal & Interest (monthly)$13,367.84
Additional monthly expenses (strata, tax, utilities, etc.)$509.45
Total monthly cost$13,877.29
Interest paid over 5-yr term$593,841.16
Balance at end of term$1,863,770.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$518,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,932.95

Cash Needed at Closing

Minimum down payment$518,000
Estimated BC PTT$55,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$575,200

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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