Property Type: Detached HouseOwnership: Freehold

7079 WAVERLEY AVENUE

Burnaby, BC V5J4A4

$2,198,000

5 bed3 bath2 parking2,595 sqftBuilt 1930
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
10,043.27 square feet
Frontage
52.2 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,882.3 (2025)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3134126
Listed
June 9, 2026
Time on market
On the market for 83 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Homeland Realty · Data source: CREA DDF.

Description

This home sits on a large (52x192) & level lot in the heart of Metrotown. Beautiful neighbourhood within walking distance to schools, recreation, transit & retails. The property has 2 bdrms up, 1 bdrm & decent living space on the main. Plus additional 2 bdrms & rec room in the basement with separate entry. Great opportunity for potential multiplex redevelopment or to build your dream home in this desirable location. (id:63159)

Values & Trends

This listing

$847/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

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

SchoolTypeDistance
Burnaby Youth Hub Secondary ProgramElementary297 m
Maywood Community ElementaryElementary408 m
Nelson ElementaryElementary503 m
South Slope ElementaryElementary513 m
Burnaby South SecondarySecondary1.0 km
École Marlborough ElementaryElementary1.3 km
Suncrest ElementaryElementary1.5 km
Clinton 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
Westbound Imperial St @ Waverley Ave294 m
Westbound Imperial St @ Frederick Ave396 m
Westbound Central Blvd @ Bonsor Ave499 m
Westbound Imperial St @ Dow Ave510 m
Northbound Sussex Ave @ Victory St510 m

Nearby Places

Restaurants (5+)

  • Alvin Garden · 4850 Imperial Street364 m
  • Jia Wei Restaurant · 4854 Imperial Street372 m
  • ZUBU Ramen · 4575 Central Boulevard553 m
  • Club Salmon · 4394 Imperial Street613 m
  • OPA! of Greece677 m

Cafes (5+)

  • La foret · 6848 Jubilee Avenue290 m
  • 101 BoBA638 m
  • Tim Hortons676 m
  • CoCo Fresh Tea & Juice · 4700 Kingsway699 m
  • Starbucks706 m

Grocery (2)

  • 大統華 T&T Supermarket · 4800 Kingsway636 m
  • Walmart Supercentre · 4545 Central Boulevard641 m

Parks (5+)

  • Ledingham Park · 7298 Jubilee Avenue221 m
  • Unnamed426 m
  • Bonsor Park478 m
  • BC Parkway624 m
  • Lobley Park721 m

Shopping (2)

  • Muji · 4700 Kingsway723 m
  • Metropolis at Metrotown · 4700 Kingsway792 m

Pharmacies (5+)

  • Imperial Neighbourhood Pharmacy · 4648 Imperial Street282 m
  • Innwell Pharmacy · 4655 Central Boulevard510 m
  • Walmart Pharmacy · 4545 Central Boulevard660 m
  • Shoppers Drug Mart · 4800 Kingsway704 m
  • Bonsor Pharmacy & Medical Supplies713 m

Banks & ATMs (5+)

  • Instacoin ATM644 m
  • CIBC673 m
  • CIBC675 m
  • Unnamed701 m
  • Coast Capital Savings · 4820 Kingsway731 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($439,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,758,400.00
Periodic payment — Principal & Interest (monthly)$11,344.60
Additional monthly expenses (strata, tax, utilities, etc.)$786.86
Total monthly cost$12,131.46
Interest paid over 5-yr term$503,962.49
Balance at end of term$1,581,686.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$439,600
Stress test qualifying rate8.09%
Payment you must qualify for$13,521.48

Cash Needed at Closing

Minimum down payment$439,600
Estimated BC PTT$43,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,040

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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