7055 GRAY AVENUE
Burnaby, BC V5J3Y9
$2,350,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 9,879 square feet
- Frontage
- 50 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $10,044.82 (2026)
Interior
- Basement
- Finished, Separate entrance, Unknown
- Heating
- Radiant heat, Natural gas, Hot Water
- Fireplace
- Yes (2)
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3117796
- Listed
- April 30, 2026
- Time on market
- On the market for 123 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.
Description
METROTOWN. RARELY AVAILABLE. Huge 50 x 198 (9879 sq ft) level lot with back lane access in one of Burnaby´s most desirable area and convenience. Custom built 3-level, 3,421 square ft family home offering 4 bedrooms, a covered sundeck overlooking a gorgeous inground pool, and a huge kiwi fruit tree to enjoy in the fall. Whether you´re looking to live, hold, or explore future building potential, this property checks all the boxes with excellent lot dimensions, lane access, and a prime location. Opportunities like this are becoming increasingly scarce. Walk to Metrotown Shopping, Crystal Mall, Bonsor Rec Centre, transit and SkyTrain. Close to Riverway Golf Course & Driving Range and Central Park. School catchments: South Slope Elementary and Burnaby South Secondary. A rare offering in an unbeatable location. (id:63159)
Values & Trends
This listing
$687/sqft
Building average
—
No other active listings in this building
Burnaby average
$827/sqft
466 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.
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
Source: Fraser Valley Real Estate Board (FVREB).
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
41
7/9 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 |
|---|---|---|
| Burnaby Youth Hub Secondary Program | Elementary | 341 m |
| Maywood Community Elementary | Elementary | 358 m |
| South Slope Elementary | Elementary | 451 m |
| Nelson Elementary | Elementary | 601 m |
| Burnaby South Secondary | Secondary | 1.2 km |
| École Marlborough Elementary | Elementary | 1.3 km |
| Suncrest Elementary | Elementary | 1.4 km |
| Chaffey-Burke Elementary | Elementary | 1.7 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 |
|---|---|---|
| Westbound Imperial St @ Waverley Ave | — | 289 m |
| Westbound Imperial St @ Frederick Ave | — | 292 m |
| Northbound Sussex Ave @ Victory St | — | 383 m |
| Northbound Sussex Ave @ Hurst St | — | 384 m |
| Westbound Imperial St @ Dow Ave | — | 384 m |
Nearby Places
Restaurants (5+)
- Alvin Garden · 4850 Imperial Street447 m
- Jia Wei Restaurant · 4854 Imperial Street456 m
- Club Salmon · 4394 Imperial Street478 m
- ZUBU Ramen · 4575 Central Boulevard507 m
- SoBu · 4498 Beresford Street606 m
Cafes (5+)
- La foret · 6848 Jubilee Avenue372 m
- 101 BoBA599 m
- Tim Hortons667 m
- Chayan671 m
- Estea Cafe · 4466 Beresford Street686 m
Grocery (2)
- 大統華 T&T Supermarket · 4800 Kingsway588 m
- Walmart Supercentre · 4545 Central Boulevard594 m
Parks (5+)
- Ledingham Park · 7298 Jubilee Avenue326 m
- Unnamed492 m
- Bonsor Park501 m
- David Gray Park · 7480 McKay Avenue655 m
- BC Parkway743 m
Shopping (2)
- Muji · 4700 Kingsway710 m
- Metropolis at Metrotown · 4700 Kingsway756 m
Pharmacies (5+)
- Imperial Neighbourhood Pharmacy · 4648 Imperial Street255 m
- Innwell Pharmacy · 4655 Central Boulevard477 m
- Walmart Pharmacy · 4545 Central Boulevard614 m
- Shoppers Drug Mart · 4800 Kingsway663 m
- Bonsor Pharmacy & Medical Supplies741 m
Banks & ATMs (5+)
- Instacoin ATM508 m
- CIBC635 m
- CIBC637 m
- Unnamed660 m
- CIBC · 4700 Kingsway727 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($470,000) — 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.





