Property Type: Detached HouseOwnership: Freehold

7620 GILLEY AVENUE

Burnaby, BC V5J4X8

$1,999,000

7 bed6 bath0 parking2,133 sqftBuilt 1928
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
6,003 square feet
Frontage
69.3 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,461.9 (2025)

Interior

Basement
None, Separate entrance, Unknown
Heating
Baseboard heaters, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
0

Listing Information

MLS®
R3133749
Listed
June 9, 2026
Time on market
On the market for 84 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.

Description

Prime Burnaby location!!! Occupancy Permit ready. Approved by the City: 2025 Substantially rebuilt on original foundation on the lot of 6000 sqft+, 2-year NEW home warranty by builder. New roofing and building material, upgrade to new 200A electrical, new plumbing with NPE 240 hot water system. And many more: new flooring, cabinets, windows etc. Additional : New deck. 235 sqft. Attic storage. 660 sqft. Sunken patio. 180 sqft. Fantastic investment revenue. Professionally measured by Matterport. Buyer to verify if deemed important. Book your private showing today! (id:63159)

Values & Trends

This listing

$937/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 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.

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

22

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
Clinton ElementaryElementary587 m
St. Francis de Sales(Independent)Elementary701 m
Windsor ElementaryElementary801 m
Burnaby South SecondarySecondary978 m
Glenwood ElementaryElementary1.1 km
Taylor Park ElementaryElementary1.2 km
Brantford ElementaryElementary1.2 km
Stride Avenue Community ElementaryElementary1.3 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 Rumble St @ Gilley Ave28 m
Southbound Gilley Ave @ Rumble St33 m
Northbound Gilley Ave @ Clinton St138 m
Westbound Clinton St @ Gilley Ave183 m
Eastbound Clinton St @ Curragh Ave270 m

Nearby Places

Restaurants (5+)

  • Masita Korean Restaurant · 6516 Kingsway530 m
  • Szechuan Cuisine · 6408 Kingsway537 m
  • Vassillis Souvlaki Greek Taverna · 6558 Kingsway539 m
  • MYST Asian Fusion · 6400 Kingsway542 m
  • Passion1818 Sushi Kaya · 6360 Kingsway563 m

Cafes (3)

  • Kea's Meat & Deli · 6616 Beresford Street436 m
  • Tim Hortons · 6641 Kingsway620 m
  • CoCo Fresh Tea & Juice · 6231 Kingsway668 m

Grocery (2)

  • King's Market · 6218 Kingsway601 m
  • Persia Food · 6791 Kingsway792 m

Parks (5+)

  • Unnamed355 m
  • Ron McLean Park401 m
  • Burnaby South Memorial Park507 m
  • Highland Park548 m
  • Byrne Creek Ravine Park609 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,599,200.00
Periodic payment — Principal & Interest (monthly)$10,317.50
Additional monthly expenses (strata, tax, utilities, etc.)$562.16
Total monthly cost$10,879.65
Interest paid over 5-yr term$458,335.32
Balance at end of term$1,438,485.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,297.29

Cash Needed at Closing

Minimum down payment$399,800
Estimated BC PTT$37,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,280

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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