Property Type: Detached HouseOwnership: Freehold

5823 HIGHFIELD DRIVE

Burnaby, BC V5B1E4

$1,445,000

4 bed3 bath4 parking2,256 sqftBuilt 1952
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Property Details

Property & Lot

Sub-type
House
Lot size
5,700 square feet
Frontage
57 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,509.38 (2025)

Interior

Basement
Partially finished, Full, Unknown
Heating
Forced air
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3112982
Listed
April 18, 2026
Time on market
On the market for 136 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Masters Realty · Data source: CREA DDF.

Description

ATTENTION: NEW PRICE! Welcome to the best location on Capitol Hill - a private and quiet place backing onto the park with views of the Burrard Inlet and mountains. It's your private retreat in the city. Just imagine waking up to the sound of birds and having your morning coffee on your private balcony overlooking secluded green space. Quality renovations over the years and a fantastic open-concept floor plan are just two of the many reasons to fall in love with this home. Kitchen, dining room, a large living room, and a bright recreation room. Your primary bedroom has a walk-in closet with a large window offering a beautiful view. Two other bedrooms complete the main floor. A guest garden suite with a kitchen and a bathroom downstairs that could be be a studio. Two concrete decks, a detached garage with plenty of storage space and 10x2 ft shop that would be perfect for your hobbies. You must see it to fully appreciate it. Call your agent now to book a showing while it's still available! (id:63159)

Values & Trends

This listing

$641/sqft

Building average

No other active listings in this building

Burnaby average

$827/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

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

22

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 ElementaryElementary619 m
Burnaby North SecondarySecondary1.2 km
Confederation Park ElementaryElementary1.4 km
Aubrey ElementaryElementary1.4 km
Westridge ElementaryElementary1.5 km
Alpha SecondarySecondary2.0 km
Holy Cross Elementary School(Independent)Elementary2.0 km
Brentwood Park ElementaryElementary2.0 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 Cambridge St @ N Grosvenor Ave429 m
Westbound Dundas St @ N Howard Ave496 m
Eastbound Cambridge St @ N Ranelagh Ave522 m
Eastbound Cambridge St @ N Springer Ave632 m
Eastbound Cambridge St @ N Glynde Ave724 m

Nearby Places

Restaurants (5+)

  • Olove Greek Kitchen · 5931 Hastings Street724 m
  • Nemo Sushi · 5935 Hastings Street725 m
  • Pho 101 · 5937 Hastings Street725 m
  • Peking Restaurant · 5939 Hastings Street726 m
  • Il Cappello · 6011 Hastings Street727 m

Cafes (1)

  • Tim Hortons · 6123 Hastings Street760 m

Parks (5+)

  • PARK_B136 m
  • PARK_A142 m
  • Berry Point Park391 m
  • Harbourview Park476 m
  • George Green Park536 m

Gyms (2)

  • Capitol Hill Athletics · 5605 Hastings Street765 m
  • Advantage fitness · 5680 Hastings Street789 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($119,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,156,000.00
Periodic payment — Principal & Interest (monthly)$7,458.12
Additional monthly expenses (strata, tax, utilities, etc.)$655.45
Total monthly cost$8,113.57
Interest paid over 5-yr term$331,312.92
Balance at end of term$1,039,825.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$119,500
Stress test qualifying rate8.09%
Payment you must qualify for$10,192.63

Cash Needed at Closing

Minimum down payment$119,500
Estimated BC PTT$26,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$147,900

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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