5645 HIGHFIELD DRIVE
Burnaby, BC V5B1E4
$2,599,000
Property Details
Property & Lot
- Lot size
- 9,432 square feet
- Frontage
- 66 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $6,717.19 (2024)
Interior
- Fireplace
- None
Exterior & Lot
- View
- View
Listing Information
- MLS®
- R3129160
- Listed
- May 28, 2026
- Time on market
- On the market for 95 days
- Tax assessment year
- 2024
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Select Realty · Data source: CREA DDF.
Description
NOT SUBJECT TO THE FOREIGN BUYER BAN! Foreign buyers looking to invest in Canadian real estate can buy and build or hold this property. Forever views on Capitol Hill! This 9,432 sq. ft. lot with 66´ frontage, overlooks & backs onto the lush greenery of the Trans Canada Trail/Stratford Park with spectacular, panoramic views of Burrard Inlet, Indian Arm & the North Shore Mountains. Abatement of original home, site leveling, piling, retaining wall work has all been completed. Building plans were approved for a + 5,000 sq. ft. home. Start building right away or use the current reports & approvals to fast-track your own ideas. City of Burnaby confirms that 4 townhomes up to 2,500 sq. ft. each are an option. Sellers will consider 1 year completion with full planning support. Formwork showing in drone shots has been removed. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Burnaby average
$1,141/sqft
9 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| Capitol Hill Elementary | Elementary | 831 m |
| Confederation Park Elementary | Elementary | 1.2 km |
| Burnaby North Secondary | Secondary | 1.4 km |
| Aubrey Elementary | Elementary | 1.7 km |
| Westridge Elementary | Elementary | 1.8 km |
| Rosser Elementary | Elementary | 1.9 km |
| Alpha Secondary | Secondary | 2.0 km |
| Brentwood Park Elementary | Elementary | 2.1 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
| Stop | Type | Distance |
|---|---|---|
| Eastbound Cambridge St @ N Grosvenor Ave | — | 350 m |
| Eastbound Cambridge St @ N Ranelagh Ave | — | 412 m |
| Eastbound Cambridge St @ N Springer Ave | — | 496 m |
| Westbound Dundas St @ N Howard Ave | — | 521 m |
| Eastbound Cambridge St @ N Glynde Ave | — | 574 m |
Nearby Places
Parks (5+)
- Harbourview Park263 m
- PARK_A275 m
- PARK_B340 m
- Berry Point Park481 m
- Capitol Hill Reservoir Park · 229 North Hythe Avenue708 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($519,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.