7868 ELWELL STREET
Burnaby, BC V5E1M2
$1,888,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 9,100 square feet
- Frontage
- 50 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,452.81 (2025)
Interior
- Heating
- Natural gas, Hot Water
- Fireplace
- None
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3127792
- Listed
- May 26, 2026
- Time on market
- On the market for 98 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sincere Real Estate Services · Data source: CREA DDF.
Description
Well-maintained custom-built home located in the quiet Burnaby Lake area. Situated on a high side 9,100 SF lot with back lane access. Features 4 bedrooms, 3 bathrooms, a spacious primary bedroom with a private deck. Bright, clean, and well cared for throughout. Beautifully landscaped yard. Convenient location close to schools, transit, and Robert Burnaby Park, with easy access to Highway 1. All measurements are approximate. (id:63159)
Values & Trends
This listing
$855/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
37
5/9 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 | 428 m |
| Edmonds Community Elementary | Elementary | 679 m |
| Second Street Community Elementary | Elementary | 983 m |
| Buckingham Elementary | Elementary | 1.2 km |
| Morley Elementary | Elementary | 1.3 km |
| Twelfth Avenue Elementary | Elementary | 1.3 km |
| St. Thomas More Collegiate(Independent) | Secondary | 1.5 km |
| John Knox Christian - Elementary Campus(Independent) | 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 Canada Way @ Elwell St | — | 310 m |
| Southbound Canada Way @ Ulster St | — | 335 m |
| Westbound Edmonds St @ 7800 Block | — | 342 m |
| Southbound Canada Way @ Rosewood St | — | 345 m |
| Eastbound Edmonds St @ 6th St | — | 350 m |
Nearby Places
Restaurants (5+)
- Dahlak African Restaurant352 m
- Sushi Modo · 7874 Edmonds Street353 m
- Amorosa Pasta House · 7870 Edmonds Street353 m
- Lost in the 50's Burgers · 7741 Edmonds Street388 m
- KnChicken · 7235 Canada Way461 m
Cafes (4)
- Sushi Q Tea Cafe · 7255 Canada Way468 m
- Coffizen · 7655 Edmonds Street530 m
- Little Cockatoo · 7548 Edmonds Street685 m
- Mineiros Brazilian Bistro · 7542 Edmonds Street698 m
Parks (5+)
- Lakeview Park470 m
- Cafferky Park516 m
- Robert Burnaby Park · 8155 Wedgewood Street631 m
- Unnamed772 m
- Graham Park786 m
Gyms (2)
- Driftwood Athletics · 7220 Sixth Street327 m
- Tristar Gym Westcoast · 7759 Edmonds Street378 m
Banks & ATMs (1)
- Bitcoin ATM Localcoin · 6869 Canada Way348 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($377,600) — 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.