Property Type: Detached HouseOwnership: Freehold

7148 CARDINAL COURT

Burnaby, BC V5A1Y7

$6,000,000

4 bed3 bath2 parking2,451 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Lot size
13,426.14 square feet
Frontage
41.2 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,839.41 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (2)

Parking

Total spaces
2 — uncovered indicated
Features
Tandem

Listing Information

MLS®
R3096479
Listed
March 5, 2026
Time on market
On the market for 179 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

Prime development opportunity in a Transit-Oriented Area. This 13,426 SF lot can be combined with 7158 Cardinal Court (R3081774), 7129 Cardinal Court (R2974426), 3345 Cardinal Drive (R3052176), and 54,712 SF (OVER AN ACRE) to create a total development site of 54,712 SF (OVER AN ACRE). The property is designated under Tier 3, allowing for an 8-story building with a Floor Area Ratio (FAR) of 3.0. This mostly flat lot is located on a quiet cul-de-sac at the edge of the Transit-Oriented Development Areas and offers potentially excellent views of Burnaby Lake upon redevelopment. Please do not walk on the property. For more details or to inquire further, please contact me or your realtor. (id:63159)

Values & Trends

This listing

$2,448/sqft

Building average

No other active listings in this building

Burnaby average

$823/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

33

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
Montecito ElementaryElementary1.1 km
Sperling ElementaryElementary1.1 km
Ecole Seaforth ElementaryElementary1.4 km
Burnaby Montessori School(Independent)Elementary1.6 km
Lochdale Community ElementaryElementary2.0 km
Burnaby Central SecondaryK-122.0 km
Douglas Road ElementaryElementary2.1 km
Parkcrest ElementaryElementary2.2 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
Eastbound Lougheed Hwy @ Bainbridge Ave373 m
Westbound Winston St @ Bainbridge Ave407 m
Southbound Bainbridge Ave @ Lougheed Hwy426 m
Westbound Lougheed Hwy @ Bainbridge Ave436 m
Northbound Bainbridge Ave @ Lougheed Hwy446 m

Nearby Places

Restaurants (1)

  • Gaya Sushi342 m

Cafes (1)

  • Tim Hortons451 m

Grocery (1)

  • Don Chendo Mexican Products · 6994 Greenwood Street334 m

Parks (1)

  • Camrose Park722 m

Banks & ATMs (1)

  • RBC · 2840 Bainbridge Avenue432 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,200,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,800,000.00
Periodic payment — Principal & Interest (monthly)$30,967.97
Additional monthly expenses (strata, tax, utilities, etc.)$776.28
Total monthly cost$31,744.26
Interest paid over 5-yr term$1,375,693.80
Balance at end of term$4,317,615.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,200,000
Stress test qualifying rate8.09%
Payment you must qualify for$36,910.32

Cash Needed at Closing

Minimum down payment$1,200,000
Estimated BC PTT$218,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,419,500

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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