Property Type: Land / LotOwnership: Freehold

7457 WILLARD STREET

Burnaby, BC V3N2W2

$3,250,000

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Property Details

Property & Lot

Lot size
6.04 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3111442
Listed
April 16, 2026
Time on market
On the market for 137 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Homelife Benchmark Realty Corp. · Data source: CREA DDF.

Description

This centrally-located, large parcel of agricultural land is in the Big Bend area of South Burnaby. 6 acres of A1 zoned land in the Agricultural Land Reserve. There is potential to build a new 5,300 square ft house with a separate 400 square ft garage or carport. Please verify regulations with the city and Provincial Agricultural Land Commission. Located close to restaurants and shops at Market Crossing near Marine Way and Byrne Road. Adjacent to Riverfront and Burnaby Business Parks. Property is sold "AS IS". Property can be used for an assortment of backyard businesses. (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

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

22

6/9 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
Glenwood ElementaryElementary624 m
Taylor Park ElementaryElementary990 m
Clinton ElementaryElementary1.2 km
Connaught Heights ElementaryElementary1.2 km
Stride Avenue Community ElementaryElementary1.5 km
Byrne Creek Community SecondarySecondary1.6 km
Burnaby South SecondarySecondary1.7 km
St. Francis de Sales(Independent)Elementary1.9 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 Willard St @ Marine Dr141 m
Eastbound Marine Dr @ Willard St160 m
Northbound Byrnepark Dr @ Marine Dr332 m
Eastbound Southridge Dr @ Marine Dr334 m
Westbound Southridge Dr @ Byrnepark Dr337 m

Nearby Places

Restaurants (5+)

  • Unnamed · 5880 Marine Drive555 m
  • Nando's · 5761 Marine Way638 m
  • Boston Pizza · 5801 Marine Way648 m
  • Little Minh's · 7533 Marine Way727 m
  • White Spot · 7519 Market Crossing746 m

Cafes (2)

  • Starbucks · 7585 Market Crossing722 m
  • Tim Hortons · 7380 Market Crossing733 m

Grocery (1)

  • Sungiven Foods · 5771 Marine Way572 m

Parks (1)

  • Byrne Creek Ravine Park737 m

Shopping (1)

  • Winners · 5771 Marine Way549 m

Banks & ATMs (3)

  • Marine Food Market - Bitcoin Well ATM · 5886 Marine Drive547 m
  • Vancity · 7384 Market Crossing721 m
  • TD729 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($650,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,600,000.00
Periodic payment — Principal & Interest (monthly)$16,774.32
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$16,774.32
Interest paid over 5-yr term$745,167.47
Balance at end of term$2,338,708.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$650,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,993.09

Cash Needed at Closing

Minimum down payment$650,000
Estimated BC PTT$80,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$732,000

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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