Property Type: Detached HouseOwnership: Freehold

520 N BOUNDARY ROAD

Burnaby, BC V5K3T3

$2,480,000

3 bed2 bath4 parking2,415 sqftBuilt 1940
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Property Details

Property & Lot

Sub-type
House
Lot size
6,100 square feet
Frontage
61 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,806.52 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3107104
Listed
April 6, 2026
Time on market
On the market for 147 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group - Vancouver First Realty · Data source: CREA DDF.

Description

VIEW VIEW VIEW! Prime location in desirable North Burnaby! This well-maintained home sits on a rare 61 ft wide corner lot on N Boundary Road, offering excellent exposure and future potential. Conveniently located with easy access to Highway 1, Brentwood, and Metrotown, plus steps to transit. Ideal for families, investors, or builders. Functional layout with bright living spaces, spacious bedrooms, and ample parking. Thoughtfully updated with newer flooring, renovated kitchen and bathrooms, modern pot lighting, upgraded electrical and plumbing, 200 amp panel for peace of mind. Close to parks, schools, shopping, and all amenities. A rare opportunity in a central, high-demand neighbourhood. (id:63159)

Values & Trends

This listing

$1,027/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 4 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

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

7

1/9 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
St. Helen's(Independent)Elementary756 m
Sir John Franklin CommunityElementary887 m
Gilmore Community ElementaryElementary949 m
St. John's Academy(Independent)Secondary957 m
Fawkes Academy(Independent)K-121.3 km
Rosser ElementaryElementary1.4 km
Dr A R Lord ElementaryElementary1.6 km
Kitchener ElementaryElementary2.0 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
Northbound N Boundary Rd @ Trinity St60 m
Westbound McGill St @ N Esmond Ave189 m
Northbound N Boundary Rd @ Eton St256 m
Southbound N Esmond Ave @ McGill St269 m
Southbound N Boundary Rd @ Cambridge St424 m

Nearby Places

Parks (2)

  • Bates Park · 669 Fellowes Street274 m
  • Burnaby Heights Park331 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($496,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,984,000.00
Periodic payment — Principal & Interest (monthly)$12,800.09
Additional monthly expenses (strata, tax, utilities, etc.)$688.21
Total monthly cost$13,488.30
Interest paid over 5-yr term$568,620.10
Balance at end of term$1,784,614.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$496,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,256.27

Cash Needed at Closing

Minimum down payment$496,000
Estimated BC PTT$52,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$549,900

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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