Property Type: Detached HouseOwnership: Freehold

7173 RIDGEVIEW DRIVE

Burnaby, BC V5A4S1

$2,988,000

5 bed6 bath6 parking4,892 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
House
Lot size
8,485 square feet
Frontage
75 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,966 (2026)

Interior

Basement
Finished, Unknown, Unknown
Heating
Radiant heat
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3138945
Listed
June 23, 2026
Time on market
On the market for 69 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

Exceptional custom-built home in one of North Burnaby´s most desirable neighbourhoods. Extensively renovated throughout and meticulously maintained, this move-in-ready residence features quality craftsmanship, premium appliances, a newer roof (2024), and select window glass upgrades. The upper level offers four spacious bedroom suites, each with its own private ensuite and walk-in closet, providing exceptional comfort and privacy for the whole family. Bright and functional living spaces are ideal for both everyday living and entertaining. Ideally situated on a quiet street close to parks, top-rated schools, shopping, transit, and major routes. A rare opportunity to own a luxurious family home in a prime location. (id:63159)

Values & Trends

This listing

$611/sqft

Building average

No other active listings in this building

Burnaby average

$827/sqft

466 active listing(s)

Parking: 6 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

19

3/9 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
Westridge ElementaryElementary908 m
Lochdale Community ElementaryElementary1.2 km
Burnaby North SecondarySecondary1.8 km
Montecito ElementaryElementary1.9 km
Capitol Hill ElementaryElementary2.2 km
Sperling ElementaryElementary2.2 km
Aubrey ElementaryElementary2.2 km
Parkcrest ElementaryElementary2.5 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 Hastings St @ Duthie Ave271 m
Southbound Duthie Ave @ Hastings St341 m
Westbound Hastings St @ Duthie Ave358 m
Westbound Burnaby Mountain Parkway @ Burnwood Ave422 m
Northbound Duthie Ave @ Union St481 m

Nearby Places

Cafes (1)

  • Blossom Teas360 m

Parks (5+)

  • Duthie-Union Park317 m
  • Duthie-Union Park476 m
  • Unnamed487 m
  • Unnamed498 m
  • Lou Moro Park624 m

Gyms (1)

  • Unnamed542 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($597,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,390,400.00
Periodic payment — Principal & Interest (monthly)$15,422.05
Additional monthly expenses (strata, tax, utilities, etc.)$1,075.50
Total monthly cost$16,497.55
Interest paid over 5-yr term$685,095.51
Balance at end of term$2,150,172.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$597,600
Stress test qualifying rate8.09%
Payment you must qualify for$18,381.34

Cash Needed at Closing

Minimum down payment$597,600
Estimated BC PTT$67,640
Legal / closing costs (typical estimate)$1,500
Total cash needed$666,740

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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