Property Type: Detached HouseOwnership: Freehold

7419 1ST STREET

Burnaby, BC V3N3S9

$2,588,000

7 bed9 bath4 parking4,156 sqftBuilt 2024
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
6,079 square feet
Frontage
69 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,977.7 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3134144
Listed
June 9, 2026
Time on market
On the market for 83 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Beautiful home on a corner Lot! Total of 7 BDRMS & 8 BATHS, over 4100 sqft of living space. TOP floor has 4 BDRMS & 3 FULL BATHS. Spacious master room with his/her sink, custom spa like shower & walk in closet. MAIN floor has separate dedicated living and dining room for extended family dinners. Beautiful kitchen with stainless steel appliances + wok kitchen. Private family room finished with feature TV wall including fireplace & floating shelves. Deck off the kitchen for summer barbecues. 1 Full BDRM with bath for seniors or guest rm. BSMT contains 2 suites. Each suite is fully finished with kitchen, bath & bedroom. Huge media room for owners with full bath. 2 car attached garage. Walking distance to Elementary. Close to Secondary school & parks. 2 Blks to transit. 15 mins to Metrotown.. (id:63159)

Values & Trends

This listing

$623/sqft

Building average

No other active listings in this building

Burnaby average

$827/sqft

466 active listing(s)

Parking: 4 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

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

15

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
Second Street Community ElementaryElementary177 m
John Knox Christian - Elementary Campus(Independent)Elementary607 m
Cariboo Hill SecondarySecondary1.0 km
F W Howay ElementaryElementary1.2 km
Edmonds Community ElementaryElementary1.2 km
New Westminster SecondarySecondary1.3 km
Lakeview ElementaryElementary1.4 km
SigmaSecondary1.4 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
Westbound 16 Ave @ 1st St189 m
Westbound 16 Ave @ Newcombe St299 m
Westbound 16 Ave @ Wright St482 m
Westbound 16 Ave @ Cumberland St705 m
Northbound 6th St @ 18 Ave735 m

Nearby Places

Restaurants (1)

  • Indian Bombay Bistro · 7558 6th Street774 m

Cafes (1)

  • Connections Coffee · 8255 13th Avenue533 m

Parks (2)

  • Graham Park615 m
  • Robert Burnaby Park · 8155 Wedgewood Street648 m

Gyms (1)

  • Driftwood Athletics · 7220 Sixth Street769 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($517,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,070,400.00
Periodic payment — Principal & Interest (monthly)$13,357.52
Additional monthly expenses (strata, tax, utilities, etc.)$956.14
Total monthly cost$14,313.66
Interest paid over 5-yr term$593,382.59
Balance at end of term$1,862,331.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$517,600
Stress test qualifying rate8.09%
Payment you must qualify for$15,920.65

Cash Needed at Closing

Minimum down payment$517,600
Estimated BC PTT$55,640
Legal / closing costs (typical estimate)$1,500
Total cash needed$574,740

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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