Property Type: Detached HouseOwnership: Freehold

560 SPRINGER AVENUE

Burnaby, BC V5B3K7

$1,899,000

3 bed2 bath2 parking1,480 sqftBuilt 1922
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Property Details

Property & Lot

Sub-type
House
Lot size
8,478 square feet
Frontage
54 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,741.62 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3077203
Listed
January 8, 2026
Time on market
On the market for 236 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Centre Realty · Data source: CREA DDF.

Description

ATTN Developers: Exceptional corner lot offering 8,478 square ft with views in Burnaby North. Zoned for up to 6 units, this property is ideally positioned for a row home, multiplex, or innovative middle-market housing project. Located one block from Hastings Street, minutes to Brentwood Mall and SkyTrain, and close to Capitol Hill Elementary, parks, and amenities. Quick access to downtown Vancouver by car or transit. A rare opportunity to secure a well-located infill site in a high-demand neighbourhood with strong long-term fundamentals and outstanding redevelopment upside. (id:63159)

Values & Trends

This listing

$1,283/sqft

Building average

No other active listings in this building

Burnaby average

$825/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

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
Capitol Hill ElementaryElementary613 m
Confederation Park ElementaryElementary737 m
Aubrey ElementaryElementary933 m
Alpha SecondarySecondary1.0 km
Brentwood Park ElementaryElementary1.0 km
Holy Cross Elementary School(Independent)Elementary1.0 km
Burnaby North SecondarySecondary1.1 km
Parkcrest ElementaryElementary1.5 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 @ Springer Ave68 m
Westbound Hastings St @ Springer Ave107 m
Eastbound Hastings St @ Hythe Ave176 m
Westbound Hastings St @ Howard Ave235 m
Westbound Hastings St @ Hythe Ave264 m

Nearby Places

Restaurants (5+)

  • La Forchetta · 5601 Hastings Street402 m
  • Sushi Giwa · 5625 Hastings Street440 m
  • Sushi Bar Kilala · 4749 Hastings Street613 m
  • Olove Greek Kitchen · 5931 Hastings Street699 m
  • Nemo Sushi · 5935 Hastings Street716 m

Cafes (3)

  • Kory's Coffee · 5608 Hastings Street408 m
  • Vegas Donuts · 4775 Hastings Street574 m
  • Chez Christophe · 4717 Hastings Street683 m

Grocery (1)

  • No Frills · 4762 Hastings Street594 m

Parks (3)

  • Dynes Park281 m
  • Beecher Park632 m
  • George Green Park695 m

Gyms (4)

  • Beyond boxing · 5552 Ellesmere Avenue369 m
  • Capitol Hill Athletics · 5605 Hastings Street412 m
  • Advantage fitness · 5680 Hastings Street450 m
  • The Next Step Training Centre · 4680 Hastings Street761 m

Banks & ATMs (1)

  • BMO · 4734 Hastings Street656 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($379,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,519,200.00
Periodic payment — Principal & Interest (monthly)$9,801.36
Additional monthly expenses (strata, tax, utilities, etc.)$635.80
Total monthly cost$10,437.16
Interest paid over 5-yr term$435,407.09
Balance at end of term$1,366,525.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$379,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,682.12

Cash Needed at Closing

Minimum down payment$379,800
Estimated BC PTT$35,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$417,280

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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