Property Type: Detached HouseOwnership: Freehold

5395 GEORGIA STREET

Burnaby, BC V5B1V3

$2,338,888

8 bed4 bath4 parking2,414 sqftBuilt 1963
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Property Details

Property & Lot

Sub-type
House
Lot size
8,052 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,294.82 (2025)

Interior

Heating
Forced air, Natural gas
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3149527
Listed
July 23, 2026
Time on market
On the market for 39 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.

Description

Opportunity knocks! This property offers far more than just a place to live. Set on an 8,052 sq. ft. corner lot with stunning South views. It´s zoned R1 Small-Scale Multi-Unit Housing and sits within a Frequent Transit Network Area, allowing up to six homes on one lot. That means you could live in one, rent the others, create space for extended family, or renovate the current home while benefiting from exceptional long-term land value. Extremely desirable for future development this corner lot with lane and a relatively flat provides better light, access, and design flexibility-making this a smart lifestyle purchase with built-in upside. Steps to Shops and transit. The house has 8 bedrooms and provides great cashflow while getting your permits in order. Don't miss out, call for more information. (id:63159)

Values & Trends

This listing

$969/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

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

4/9 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
Capitol Hill ElementaryElementary473 m
Aubrey ElementaryElementary661 m
Burnaby North SecondarySecondary831 m
Holy Cross Elementary School(Independent)Elementary998 m
Confederation Park ElementaryElementary1.0 km
Brentwood Park ElementaryElementary1.0 km
Alpha SecondarySecondary1.2 km
Parkcrest ElementaryElementary1.2 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 Hastings St @ Howard Ave210 m
Westbound Hastings St @ Howard Ave223 m
Southbound Holdom Ave @ Georgia St232 m
Northbound Holdom Ave @ Union St253 m
Northbound Holdom Ave @ Frances St260 m

Nearby Places

Restaurants (5+)

  • La Forchetta · 5601 Hastings Street270 m
  • Sushi Giwa · 5625 Hastings Street306 m
  • Olove Greek Kitchen · 5931 Hastings Street501 m
  • Nemo Sushi · 5935 Hastings Street516 m
  • Pho 101 · 5937 Hastings Street527 m

Cafes (2)

  • Kory's Coffee · 5608 Hastings Street245 m
  • Tim Hortons · 6123 Hastings Street711 m

Parks (4)

  • Dynes Park281 m
  • George Green Park570 m
  • Beecher Park610 m
  • Kensington Park629 m

Gyms (3)

  • Beyond boxing · 5552 Ellesmere Avenue226 m
  • Advantage fitness · 5680 Hastings Street275 m
  • Capitol Hill Athletics · 5605 Hastings Street276 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($467,778) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,871,110.00
Periodic payment — Principal & Interest (monthly)$12,071.77
Additional monthly expenses (strata, tax, utilities, etc.)$728.90
Total monthly cost$12,800.67
Interest paid over 5-yr term$536,265.50
Balance at end of term$1,683,069.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$467,778
Stress test qualifying rate8.09%
Payment you must qualify for$14,388.18

Cash Needed at Closing

Minimum down payment$467,778
Estimated BC PTT$48,167
Legal / closing costs (typical estimate)$1,500
Total cash needed$517,444

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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