7725 BERKLEY STREET
Burnaby, BC V5E2J8
$1,900,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 10,780 square feet
- Frontage
- 110 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,903.18 (2025)
Interior
- Basement
- Full, Separate entrance, Unknown
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (1)
Exterior & Lot
- View
- View
Parking
- Total spaces
- 3
Listing Information
- MLS®
- R3103759
- Listed
- March 25, 2026
- Time on market
- On the market for 159 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Tri-Cities Realty · Data source: CREA DDF.
Description
Excellent Location, sought after Burnaby Lake area!! Great property to buy as an investment and build later. Huge lot to build multiple units. The buyer has to verify with the city of Burnaby. There have been some renovations in 2016. This 5-bedroom 3.5-bath has sweeping mountain views. Rarely available large lot 10,780sf located in the Burnaby Lake area, zoned R2. Updated with granite counters with laminate flooring in the living room and dining room, newer roof, high-efficiency furnace, and hot water tank. Close to schools, parks, shopping, and a 7-minute drive to Metrotown mall. Land Value. All the measurements are approximate. Buyer has to verify if deemed important. (id:63159)
Values & Trends
This listing
$791/sqft
Building average
—
No other active listings in this building
Burnaby average
$826/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
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
2/9 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 |
|---|---|---|
| Lakeview Elementary | Elementary | 179 m |
| Buckingham Elementary | Elementary | 628 m |
| Morley Elementary | Elementary | 852 m |
| Edmonds Community Elementary | Elementary | 1.1 km |
| Brantford Elementary | Elementary | 1.5 km |
| Second Street Community Elementary | Elementary | 1.6 km |
| St. Francis de Sales(Independent) | Elementary | 1.8 km |
| Twelfth Avenue Elementary | Elementary | 1.8 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 |
|---|---|---|
| Southbound Canada Way @ Morley Dr | — | 40 m |
| Northbound Canada Way @ Imperial St | — | 68 m |
| Westbound Canada Way @ Morley St | — | 108 m |
| Southbound Canada Way @ Imperial St | — | 203 m |
| Southbound Canada Way @ Stanley Cres | — | 287 m |
Nearby Places
Parks (5+)
- Lakeview Park242 m
- Malvern Park392 m
- Braemar Park545 m
- Buckingham Park579 m
- Cafferky Park741 m
Banks & ATMs (1)
- Bitcoin ATM Localcoin · 6869 Canada Way475 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($380,000) — 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.