Property Type: Land / Lot

5432 BUCHANAN STREET

Burnaby, BC V5B2R7

$5,050,000

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Amenities

Also listed: Street Lighting

Property Details

Property & Lot

Lot size
7,208 square feet

R1 SMALL-SCALE MULTI

Ownership & Fees

Property type
Land / Lot
Annual property tax
$6,738.64 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8078110
Listed
April 22, 2026
Time on market
On the market for 132 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.

Description

This property is to be sold as part of a land assembly. When combined with adjacent properties, can potentially build up to 12 stories mid-rise residential according to the Burnaby Official Community Plan 2050. (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

37

6/9 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
Parkcrest ElementaryElementary585 m
Holy Cross Elementary School(Independent)Elementary637 m
Brentwood Park ElementaryElementary797 m
Aubrey ElementaryElementary918 m
Burnaby North SecondarySecondary1.4 km
Alpha SecondarySecondary1.5 km
Capitol Hill ElementaryElementary1.6 km
Sperling ElementaryElementary1.7 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 Holdom Ave @ Halifax St265 m
Northbound Holdom Ave @ Sumas St276 m
Holdom Station @ Bay 5299 m
Northbound Holdom Ave @ Halifax St300 m
Eastbound Halifax St @ Holdom Ave319 m

Nearby Places

Restaurants (5+)

  • Sushimoto · 2201 Holdom Avenue369 m
  • White Lotus Cafe472 m
  • Sushi U · 5901 Broadway490 m
  • Garlic and Chili · 5901 Broadway494 m
  • Park Crest Diner571 m

Cafes (1)

  • Starbucks · 2201 Holdom Avenue392 m

Grocery (1)

  • Buy Low Foods529 m

Parks (2)

  • Springer Park342 m
  • Brentwood Town Centre Park Site702 m

Shopping (1)

  • Unnamed · 5901 Broadway534 m

Gyms (2)

  • Unnamed330 m
  • Yoga Spirit · 5681 Goring Street456 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,010,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,040,000.00
Periodic payment — Principal & Interest (monthly)$26,064.71
Additional monthly expenses (strata, tax, utilities, etc.)$561.55
Total monthly cost$26,626.26
Interest paid over 5-yr term$1,157,875.61
Balance at end of term$3,633,993.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,010,000
Stress test qualifying rate8.09%
Payment you must qualify for$31,066.19

Cash Needed at Closing

Minimum down payment$1,010,000
Estimated BC PTT$170,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,182,000

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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