Property Type: Detached HouseOwnership: Freehold

5548 NELSON AVENUE

Burnaby, BC V5H3H3

$1,990,000

5 bed4 bath2 parking2,846 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
House
Lot size
4,312.5 square feet
Frontage
37.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,399.2 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Natural gas
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3105997
Listed
April 1, 2026
Time on market
On the market for 152 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

This home offers unobstructed view of mountain and Deer Lake. This home gives great value with 2,939 sq ft, 525 square ft garage, 5 zones heating system, built-in vacuum, four bedrooms, master having large seating area with private deck and 5 pc bathroom ensuite. The four bathrooms three fireplaces (two being gas), large kitchen with eating area and sundeck makes it bright and warm for you and your family. Don't forget to take advantage of the two family rooms. To the formal side of this home, a large dining room with built-in hutch looking out over a spacious living room with floor to ceiling rock fireplace with vaulted ceiling. This home offers plenty of privacy with double garage. (id:63159)

Values & Trends

This listing

$699/sqft

Building average

No other active listings in this building

Burnaby average

$827/sqft

466 active listing(s)

Parking: 2 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

26

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
École Marlborough ElementaryElementary499 m
Chaffey-Burke ElementaryElementary817 m
Deer Lake SDA School(Independent)K-121.2 km
Gilpin ElementaryElementary1.2 km
Maywood Community ElementaryElementary1.3 km
Burnaby Youth Hub Secondary ProgramElementary1.4 km
Moscrop SecondarySecondary1.4 km
Burnaby Central SecondaryK-121.6 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 Nelson Ave @ Buxton St38 m
Northbound Nelson Ave @ Sardis Cres46 m
Westbound Bond St @ Nelson Ave178 m
Southbound Nelson Ave @ Shepherd St204 m
Northbound Nelson Ave @ Grafton St212 m

Nearby Places

Restaurants (5+)

  • Happy Lamb Hot Pot · 4755 Kingsway712 m
  • Mui Garden Restaurant721 m
  • Ha Cafe · 4729 Kingsway721 m
  • Colour See See Shanghainese Cuisine · 4689 Kingsway731 m
  • Sushi Garden · 4635 Kingsway746 m

Cafes (5+)

  • Tealips · 6125-110 Sussex Avenue668 m
  • Chai Coffee n Chaska · 4697 Kingsway727 m
  • Captain Thai Noodle House · 4685 Kingsway732 m
  • Starbucks · 4847 Kingsway751 m
  • Guulu Cafe · 4621 Kingsway758 m

Parks (2)

  • Forest Glen Park262 m
  • Royal Oakland Park623 m

Gyms (1)

  • Ping Ping774 m

Pharmacies (2)

  • Shoppers Drug Mart · 4827 Kingsway736 m
  • Metrocare Pharmacy · 4649 Kingsway744 m

Banks & ATMs (4)

  • CIBC · 4755 Kingsway713 m
  • BMO · 4789 Kingsway717 m
  • BMO720 m
  • Prospera Credit Union · 4705 Kingsway722 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($398,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,592,000.00
Periodic payment — Principal & Interest (monthly)$10,271.04
Additional monthly expenses (strata, tax, utilities, etc.)$675.27
Total monthly cost$10,946.31
Interest paid over 5-yr term$456,271.78
Balance at end of term$1,432,009.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$398,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,241.92

Cash Needed at Closing

Minimum down payment$398,000
Estimated BC PTT$37,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$437,300

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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