Property Type: Detached HouseOwnership: Freehold

5885 WALKER AVENUE

Burnaby, BC V5E3B3

$2,680,000

7 bed4 bath4 parking4,780 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
House
Lot size
7,440 square feet
Frontage
120 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,453.68 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Radiant heat, Natural gas, Hot Water
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3148695
Listed
July 21, 2026
Time on market
On the market for 41 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Rarely available! Welcome to this custom-built, 4,780 sq. ft. residence situated on a premier 7,702 sq. ft. lot in one of Burnaby's most desirable neighborhoods. Boasting an expansive 2-story layout, this meticulously maintained home features 7 spacious bedrooms and 4 bathrooms, perfect for growing families or multi-generational living. The main level welcomes you with soaring ceilings, a bright and open floor plan, and seamless transitions into the formal living and dining spaces. Capitalizing on an unbeatable location, you are just minutes away from top-tier schools (Brantford Elementary & Burnaby Central Secondary), local parks, transit, and premier shopping. Don't miss this incredible opportunity to own a massive footprint in a prime Burnaby location! Open House:Sat, Sun 2-4PM. (id:63159)

Values & Trends

This listing

$561/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

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

19

2/9 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
Brantford ElementaryElementary625 m
Morley ElementaryElementary643 m
Buckingham ElementaryElementary827 m
Windsor ElementaryElementary1.1 km
St. Francis de Sales(Independent)Elementary1.1 km
Lakeview ElementaryElementary1.4 km
Burnaby Central SecondaryK-121.6 km
Deer Lake SDA School(Independent)K-121.8 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
Westbound Oakland St @ Walker Ave59 m
Southbound Sperling Ave @ Oakland St113 m
Eastbound Oakland St @ Brantford Ave167 m
Westbound Oakland St @ Brantford Ave178 m
Eastbound Burris St @ Leibly Ave196 m

Nearby Places

Parks (5+)

  • Unnamed360 m
  • Brantford School Park453 m
  • Haszard Park475 m
  • Braemar Park715 m
  • Buckingham Park726 m

Banks & ATMs (1)

  • Bitcoin ATM Localcoin · 5962 Sperling Avenue92 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($536,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,144,000.00
Periodic payment — Principal & Interest (monthly)$13,832.36
Additional monthly expenses (strata, tax, utilities, etc.)$943.47
Total monthly cost$14,775.83
Interest paid over 5-yr term$614,476.56
Balance at end of term$1,928,534.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$536,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,486.61

Cash Needed at Closing

Minimum down payment$536,000
Estimated BC PTT$58,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$595,900

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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