Property Type: Detached HouseOwnership: Freehold

7282 RIDGE DRIVE

Burnaby, BC V5A1B5

$2,598,000

8 bed6 bath6 parking4,880 sqftBuilt 2010
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
9,084 square feet
Frontage
60 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,000.92 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Radiant heat, Natural gas
Fireplace
Yes (3)

Exterior & Lot

View
View

Parking

Total spaces
6

Listing Information

MLS®
R3151338
Listed
July 30, 2026
Time on market
On the market for 32 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Westridge North Burnaby. Must sell 4880 sq. ft. Two level plus basement ocean and mountain view home. Main floor features ten foot floor to ceiling heights with large windows and show casing an abundance of natural beauty at one's feet. Open two story high entrance foyer. Dining room and kitchen areas have large floor to ceiling built in cupboards. Main floor offers a separate wok kitchen for those who enjoy food preparation.Upper floor has a more outstanding view with four bedrooms and covered private deck. Separate 2 bedroom basement apartment. Additional separated games room for functions. (id:63159)

Values & Trends

This listing

$532/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

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

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 ElementaryElementary1.0 km
Lochdale Community ElementaryElementary1.5 km
Burnaby North SecondarySecondary1.9 km
Montecito ElementaryElementary2.2 km
Capitol Hill ElementaryElementary2.2 km
Aubrey ElementaryElementary2.4 km
Sperling ElementaryElementary2.5 km
Sherwood Park ElementaryElementary2.7 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 Dr387 m
Southbound Inlet Dr @ Bayview Dr406 m
Northbound Inlet Dr @ Ridge Dr454 m
Eastbound Hastings St @ Duthie Ave509 m
Southbound Inlet Dr @ Ridge Dr546 m

Nearby Places

Cafes (1)

  • Blossom Teas397 m

Parks (5+)

  • Unnamed461 m
  • Unnamed475 m
  • Duthie-Union Park604 m
  • Lou Moro Park691 m
  • Duthie-Union Park765 m

Gyms (1)

  • Unnamed649 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($519,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,078,400.00
Periodic payment — Principal & Interest (monthly)$13,409.13
Additional monthly expenses (strata, tax, utilities, etc.)$1,244.08
Total monthly cost$14,653.21
Interest paid over 5-yr term$595,675.41
Balance at end of term$1,869,527.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$519,600
Stress test qualifying rate8.09%
Payment you must qualify for$15,982.17

Cash Needed at Closing

Minimum down payment$519,600
Estimated BC PTT$55,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,040

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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