Property Type: Land / Lot

7235 & 7356 BAYVIEW & BRAESIDE DRIVE

Burnaby, BC V5A4T3

$8,568,000

Built 1951
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Property Details

Property & Lot

Lot size
161,607 square feet

R1

Ownership & Fees

Property type
Land / Lot
Annual property tax
$30,025.72 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8080420
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Discover a rare offering: 3.608 acres at 7356 Braeside Drive & 7235 Bayview Drive in the coveted Westridge neighbourhood of North Burnaby. With sweeping views of Burrard Inlet and the mountains, this expansive tranquil site is minutes to SFU, parks, lakes, golf, and shopping. Zoned under the City's new R1 (Small-Scale Multi-Unit Housing) district, the parcel supports flexible residential use including high-end estate homes or a thoughtfully designed multiplex development to leverage today's zoning framework. Whether you build a landmark mega-home or create a family-oriented multi-unit community, this is your canvas in one of the most desirable addresses. Don't miss this exceptional land-assembly opportunity! (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Burnaby average

$1,141/sqft

9 active listing(s)

Parking: Not indicatedStorage 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.

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 ElementaryElementary1.1 km
Lochdale Community ElementaryElementary1.6 km
Burnaby North SecondarySecondary1.9 km
Capitol Hill ElementaryElementary2.1 km
Aubrey ElementaryElementary2.4 km
Montecito ElementaryElementary2.4 km
Sherwood Park ElementaryElementary2.5 km
Sperling ElementaryElementary2.6 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
Northbound Inlet Dr @ Bayview Dr174 m
Southbound Inlet Dr @ Bayview Dr199 m
Northbound Inlet Dr @ Ridge Dr419 m
Southbound Inlet Dr @ Ridge Dr535 m
Eastbound Hastings St @ Duthie Ave647 m

Nearby Places

Cafes (1)

  • Blossom Teas445 m

Parks (4)

  • Unnamed446 m
  • Unnamed457 m
  • Lou Moro Park699 m
  • Duthie-Union Park767 m

Gyms (1)

  • Unnamed690 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,713,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$6,854,400.00
Periodic payment — Principal & Interest (monthly)$44,222.26
Additional monthly expenses (strata, tax, utilities, etc.)$2,502.14
Total monthly cost$46,724.41
Interest paid over 5-yr term$1,964,490.74
Balance at end of term$6,165,554.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,713,600
Stress test qualifying rate8.09%
Payment you must qualify for$52,707.94

Cash Needed at Closing

Minimum down payment$1,713,600
Estimated BC PTT$346,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,061,500

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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