Property Type: Detached HouseOwnership: Freehold

7046 HILLVIEW STREET

Burnaby, BC V5A1Y3

$2,300,000

4 bed2 bath2 parking2,406 sqftBuilt 1960
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Property Details

Property & Lot

Sub-type
House
Lot size
7,635 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,718 (2024)

Interior

Basement
Partially finished, Separate entrance, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (2)

Parking

Total spaces
2 — covered indicated
Features
Carport

Listing Information

MLS®
R3097587
Listed
March 9, 2026
Time on market
On the market for 175 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX LIFESTYLES REALTY · Data source: CREA DDF.

Description

Very solid and well maintained family home on large South facing lot with lane access in prestigious Government Road area with future land assembly / redevelopment potential! See City of Burnaby Bainbridge UVCP, Bainbridge Land Use Map and Phase 3 Revisions designated medium density residential. Original owner builder, easy rent and hold for future development. Close to Skytrain, Highway #1, Scotia Barn, Brentwood / Lougheed Mall & SFU. Pristine original hardwood floors, real mahogany paneling, 3 large beds and 1 bath up, kitchen with natural gas stove, 1 large bedroom and bath below (installed 2012). Roof replaced 2012, gas furnace installed 2012, hot water tank 2017. 2 wood burning fireplaces. Basement partially finished with full bath, kitchen and laundry. Opportunity Knocking! (id:63159)

Values & Trends

This listing

$956/sqft

Building average

No other active listings in this building

Burnaby average

$826/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

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

33

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
Sperling ElementaryElementary1.0 km
Montecito ElementaryElementary1.2 km
Burnaby Montessori School(Independent)Elementary1.4 km
Ecole Seaforth ElementaryElementary1.6 km
Burnaby Central SecondaryK-121.9 km
Douglas Road ElementaryElementary1.9 km
Lochdale Community ElementaryElementary2.0 km
Parkcrest ElementaryElementary2.1 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

StopTypeDistance
Westbound Winston St @ Bainbridge Ave364 m
Eastbound Lougheed Hwy @ Bainbridge Ave450 m
Westbound Lougheed Hwy @ Bainbridge Ave452 m
Eastbound Winston St @ Bainbridge Ave461 m
Southbound Bainbridge Ave @ Lougheed Hwy470 m

Nearby Places

Restaurants (1)

  • Gaya Sushi412 m

Cafes (1)

  • Tim Hortons472 m

Grocery (1)

  • Don Chendo Mexican Products · 6994 Greenwood Street172 m

Banks & ATMs (1)

  • RBC · 2840 Bainbridge Avenue496 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($460,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,840,000.00
Periodic payment — Principal & Interest (monthly)$11,871.06
Additional monthly expenses (strata, tax, utilities, etc.)$596.50
Total monthly cost$12,467.56
Interest paid over 5-yr term$527,349.29
Balance at end of term$1,655,085.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$460,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,148.96

Cash Needed at Closing

Minimum down payment$460,000
Estimated BC PTT$47,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$508,500

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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