7188 GRAY AVENUE
Burnaby, BC V5J3Y8
$2,980,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,465 square feet
- Frontage
- 52.11 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,510.68 (2025)
Interior
- Basement
- Finished, Separate entrance, Unknown
- Heating
- Radiant heat
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (2)
Parking
- Total spaces
- 3
Listing Information
- MLS®
- R3154126
- Listed
- August 10, 2026
- Time on market
- On the market for 21 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Real Estate Services · Data source: CREA DDF.
Description
Rare Metrotown Gem! Well-maintained home conveniently located within walking distance to SkyTrain, buses, shopping, groceries and more. Situated on an expansive 6465 sqft corner lot with newly upgraded utilities and roadways, offering wider, cleaner streets and ample parking. Enjoy a private, fully fenced yard with a beautiful gazebo deck. The main house features 5 bedrooms, each with its own bathroom, plus 2 rental units with separate entrances. Impressive ceiling heights throughout, including 12' in the dining room, 13' in the recreation room, and 11' in the upper-level bedrooms. A rare opportunity in a prime location! (id:63159)
Values & Trends
This listing
$637/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
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
37
6/9 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 |
|---|---|---|
| South Slope Elementary | Elementary | 399 m |
| Burnaby Youth Hub Secondary Program | Elementary | 403 m |
| Maywood Community Elementary | Elementary | 473 m |
| Nelson Elementary | Elementary | 479 m |
| Burnaby South Secondary | Secondary | 1.1 km |
| École Marlborough Elementary | Elementary | 1.4 km |
| Suncrest Elementary | Elementary | 1.4 km |
| Clinton Elementary | Elementary | 1.6 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
| Stop | Type | Distance |
|---|---|---|
| Westbound Imperial St @ Waverley Ave | — | 381 m |
| Westbound Imperial St @ Frederick Ave | — | 418 m |
| Westbound Rumble St @ Gray Ave | — | 422 m |
| Northbound Sussex Ave @ Victory St | — | 425 m |
| Eastbound Rumble St @ Gray Ave | — | 428 m |
Nearby Places
Restaurants (5+)
- Alvin Garden · 4850 Imperial Street478 m
- Jia Wei Restaurant · 4854 Imperial Street486 m
- Club Salmon · 4394 Imperial Street588 m
- ZUBU Ramen · 4575 Central Boulevard621 m
- SoBu · 4498 Beresford Street731 m
Cafes (5+)
- La foret · 6848 Jubilee Avenue404 m
- 101 BoBA711 m
- Tim Hortons766 m
- Chayan783 m
- CoCo Fresh Tea & Juice · 4700 Kingsway793 m
Grocery (2)
- 大統華 T&T Supermarket · 4800 Kingsway703 m
- Walmart Supercentre · 4545 Central Boulevard709 m
Parks (5+)
- Ledingham Park · 7298 Jubilee Avenue211 m
- Unnamed539 m
- Bonsor Park580 m
- David Gray Park · 7480 McKay Avenue649 m
- BC Parkway730 m
Pharmacies (4)
- Imperial Neighbourhood Pharmacy · 4648 Imperial Street357 m
- Innwell Pharmacy · 4655 Central Boulevard586 m
- Walmart Pharmacy · 4545 Central Boulevard729 m
- Shoppers Drug Mart · 4800 Kingsway776 m
Banks & ATMs (4)
- Instacoin ATM614 m
- CIBC747 m
- CIBC749 m
- Unnamed773 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($596,000) — 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.