Property Type: Detached HouseOwnership: Freehold

7041 WILLINGDON AVENUE

Burnaby, BC V5J3R4

$2,199,000

8 bed7 bath8 parking4,098 sqftBuilt 1948
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Property Details

Property & Lot

Sub-type
House
Lot size
10,608 square feet
Frontage
51 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,959.42 (2025)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Baseboard heaters, Electric, Combination
Fireplace
Yes (2)

Parking

Total spaces
8 — uncovered indicated
Features
Other

Listing Information

MLS®
R3155602
Listed
August 16, 2026
Time on market
On the market for 15 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage West Real Estate Services · Data source: CREA DDF.

Description

Investor & Home Buyers! Prime Metrotown location on a quiet street! This huge 10,608 sqft lot (51´ x 208´) features back lane access and southwesterly views. Conveniently located close to Central Park, Metrotown, transit, shopping, and amenities. This spacious home offers over 4,000 sqft of interior living space plus a massive covered balcony. Substantially renovated and extended in 1989 and 2023, the home is currently in excellent condition. Features 8 bedrooms and 6 bathrooms with a functional layout, including 4 bedrooms and 3 bathrooms on the main/upper levels. Three mortgage helpers provide excellent rental income potential. A fantastic opportunity in a highly desirable neighborhood! (id:63159)

Values & Trends

This listing

$537/sqft

Building average

No other active listings in this building

Burnaby average

$827/sqft

466 active listing(s)

Parking: 8 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

30

5/9 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
South Slope ElementaryElementary695 m
Suncrest ElementaryElementary726 m
Maywood Community ElementaryElementary877 m
Burnaby Youth Hub Secondary ProgramElementary1.1 km
Champlain Heights Community ElementaryElementary1.2 km
Nelson ElementaryElementary1.3 km
Champlain Heights AnnexElementary1.6 km
Dr H N Maccorkindale ElementaryElementary1.6 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
Northbound Patterson Ave @ Victory St183 m
Southbound Patterson Ave @ Victory St232 m
Southbound Patterson Ave @ Imperial St237 m
Westbound Imperial St @ McKay Ave254 m
Westbound Imperial St @ Patterson Ave299 m

Nearby Places

Restaurants (4)

  • Club Salmon · 4394 Imperial Street444 m
  • bb.q Chicken · 4418 Beresford Street773 m
  • Fortune Katsu · 4386 Beresford Street784 m
  • SoBu · 4498 Beresford Street795 m

Cafes (4)

  • Hey I am Yogost · 4438 Beresford Street772 m
  • Coffee Loft · 4462 Beresford Street778 m
  • Estea Cafe · 4466 Beresford Street780 m
  • Sharetea796 m

Parks (4)

  • David Gray Park · 7480 McKay Avenue472 m
  • Maywood Park526 m
  • Kinnee Park756 m
  • McKay Park790 m

Pharmacies (1)

  • Pharmasave · 4390 Beresford Street783 m

Banks & ATMs (1)

  • Instacoin ATM408 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($439,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,759,200.00
Periodic payment — Principal & Interest (monthly)$11,349.76
Additional monthly expenses (strata, tax, utilities, etc.)$868.29
Total monthly cost$12,218.05
Interest paid over 5-yr term$504,191.78
Balance at end of term$1,582,406.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$439,800
Stress test qualifying rate8.09%
Payment you must qualify for$13,527.63

Cash Needed at Closing

Minimum down payment$439,800
Estimated BC PTT$43,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,270

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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