7320 IMPERIAL STREET
Burnaby, BC V5E1N7
$1,579,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,848 square feet
- Frontage
- 68 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,077.64 (2025)
Interior
- Basement
- Full, Separate entrance, Unknown
- Heating
- Combination
- Fireplace
- Yes (1)
Parking
- Total spaces
- 6
Listing Information
- MLS®
- R3154163
- 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: Royal Pacific Realty (Kingsway) Ltd. · Data source: CREA DDF.
Description
FOR BUILDERS & SAVVY INVESTORS. This 6,848 sqft lot zoned R1-SSMUH (Small-Scale Multi-Unit Housing) permits up to 4-6 dwelling units depending on transit proximity (buyers to verify Frequent Transit Network Areas eligibility with City of Burnaby). Flexible housing types: multiplex, rowhouse, duplex etc. Possible reduced parking if within 400m of frequent transit. Existing 3,061 sqft home, with upper & basement levels tenanted, provides holding income while you plan redevelopment under this SSMUH zoning. Centrally located in Highgate near Edmonds SkyTrain, shopping, schools & major routes. This transit-oriented location strengthens long-term redevelopment viability and density potential. Call now for a private showing. (id:63159)
Values & Trends
This listing
$516/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
30
7/9 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 |
|---|---|---|
| Morley Elementary | Elementary | 314 m |
| Brantford Elementary | Elementary | 741 m |
| St. Francis de Sales(Independent) | Elementary | 890 m |
| Lakeview Elementary | Elementary | 1.0 km |
| Buckingham Elementary | Elementary | 1.0 km |
| Edmonds Community Elementary | Elementary | 1.2 km |
| Windsor Elementary | Elementary | 1.3 km |
| Stride Avenue Community Elementary | Elementary | 1.5 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
| Stop | Type | Distance |
|---|---|---|
| Northbound Walker Ave @ Imperial Ave | — | 104 m |
| Southbound Salisbury Ave @ Imperial St | — | 130 m |
| Southbound Walker Ave @ Morley St | — | 174 m |
| Northbound Salisbury Ave @ McBride St | — | 210 m |
| Northbound Walker Ave @ Morley St | — | 231 m |
Nearby Places
Restaurants (5+)
- Rice & Noodle · 7155 Kingsway557 m
- Fresh Box Sushi565 m
- Me-n-Ed's · 7229 Kingsway576 m
- Mr. Greek Donair Shop · 7155 Kingsway582 m
- Cora618 m
Cafes (5+)
- Tealips Cafe · 7139 Arcola Way516 m
- Starbucks614 m
- Macao Imperial Tea · 7337 Edmonds Street704 m
- Waves Coffee House · 101-7315 Edmonds Street708 m
- Edmonds Cafe722 m
Grocery (5+)
- Jumbo Super Market · 7119 Arcola Way517 m
- Save-On-Foods · 7155 Kingsway590 m
- Grand Food Mart · 7351 Edmonds Street702 m
- PriceSmart Foods · 7380 Edmonds Street737 m
- Persia Food · 6791 Kingsway763 m
Parks (5+)
- Unnamed480 m
- Malvern Park538 m
- Edmonds Park551 m
- Braemar Park669 m
- Brantford School Park750 m
Gyms (2)
- Club 16 Fitness Club566 m
- Weight/Cardio Room728 m
Pharmacies (2)
- Shoppers Drug Mart596 m
- Edmonds Pharmacy · 7315 Edmonds Street703 m
Banks & ATMs (5+)
- TD618 m
- BMO618 m
- Unnamed624 m
- RBC · 7297 Kingsway658 m
- CIBC660 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($315,800) — 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.





