Property Type: Detached HouseOwnership: Freehold

7279 BROADWAY

Burnaby, BC V5A1S1

$3,200,000

7 bed3 bath10 parking3,996 sqftBuilt 1946
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
30,492 square feet
Frontage
75 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,818.78 (2023)

Interior

Basement
Full, Unknown, Unknown
Heating
Natural gas
Fireplace
None

Parking

Total spaces
10 — covered indicated
Features
Garage

Listing Information

MLS®
R3001991
Listed
May 13, 2025
Time on market
On the market for 475 days
Tax assessment year
2023
Data last synced
August 28, 2026

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

Description

ATTENTION INVESTORS & BUILDERS! NEW OCP allows for TOWNHOUSING. One of the BIGGEST lots in North Burnaby. Potential to build 4 homes on this property. Great holding lot. The property is 75' x 410', which is over 30,600 square ft or over 2/3 of an acre. The house is nearly 4000 SF & can be used to rent while waiting for subdivision. In back is a separate two car garage. The value of this property is mainly in the land. Walking distance to Montecito Elementary & short bus ride to Burnaby North Secondary. Near to Shopping (Parkcrest Plaza), Lakecity Skytrain, highway, Kensington Sports Complex & very close to Burnaby Mountain Golf Course. PLEASE DO NOT WALK ON PROPERTY, call listing agent for a showing. (id:63159)

Values & Trends

This listing

$801/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 10 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

Mainly Clear

15°C

Mainly Clear

Humidity 100%

Wind ESE 13 km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

30

4/9 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 ElementaryElementary347 m
Sperling ElementaryElementary854 m
Lochdale Community ElementaryElementary1.4 km
Ecole Seaforth ElementaryElementary1.5 km
Parkcrest ElementaryElementary2.0 km
Westridge ElementaryElementary2.1 km
Burnaby Montessori School(Independent)Elementary2.2 km
Burnaby North SecondarySecondary2.4 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 Broadway @ Duthie Ave118 m
Northbound Duthie Ave @ Broadway151 m
Southbound Duthie Ave @ Broadway162 m
Westbound Broadway @ Phillips Ave172 m
Eastbound Broadway @ Phillips Place226 m

Nearby Places

Restaurants (2)

  • Gaya Sushi473 m
  • Burnaby Mountain Restaurant · 7600 Halifax Street723 m

Cafes (1)

  • Tim Hortons487 m

Parks (4)

  • Camrose Park273 m
  • Montecito Park418 m
  • Sperling Park767 m
  • Squint Lake Park796 m

Banks & ATMs (1)

  • RBC · 2840 Bainbridge Avenue409 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($640,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,560,000.00
Periodic payment — Principal & Interest (monthly)$16,516.25
Additional monthly expenses (strata, tax, utilities, etc.)$768.23
Total monthly cost$17,284.48
Interest paid over 5-yr term$733,703.36
Balance at end of term$2,302,728.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$640,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,685.50

Cash Needed at Closing

Minimum down payment$640,000
Estimated BC PTT$78,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$719,500

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.

Request more information