Property Type: Detached HouseOwnership: Freehold

7884 PATTERSON AVENUE

Burnaby, BC V5J3P5

$1,748,000

6 bed4 bath2 parking2,116 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Lot size
6,864 square feet
Frontage
52 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,808.78 (2025)

Interior

Basement
Separate entrance, Unknown, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3147405
Listed
July 17, 2026
Time on market
On the market for 45 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Great location! 52 x 132 CORNER LOT in the HEART OF THE SOUTH SLOPE (Build approx. 4118 sqft) Currently the whole house is rented. Tenants willing to stay. HOME IN GREAT SHAPE. Minutes to Metrotown, Central Park, Burnaby Sports & Golf fields, River running trails and fine schools. PRACTICAL PLUSSES INCLUDE 2 dryers and 2 washers. Deck, Furnace, Hot water tank, Electrical box roof in good condition. Lots of potential. (id:63159)

Values & Trends

This listing

$826/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 2 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

11

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

SchoolTypeDistance
Suncrest ElementaryElementary537 m
South Slope ElementaryElementary779 m
Nelson ElementaryElementary1.3 km
Champlain Heights AnnexElementary1.4 km
Champlain Heights Community ElementaryElementary1.4 km
Maywood Community ElementaryElementary1.5 km
Burnaby Youth Hub Secondary ProgramElementary1.5 km
Captain James Cook ElementaryElementary1.9 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
Southbound Patterson Ave @ Clinton St35 m
Southbound Patterson Ave @ Winnifred St152 m
Westbound Portland St @ McKay Ave228 m
Southbound Patterson Ave @ Rumble St244 m
Eastbound Rumble St @ Patterson Ave264 m

Nearby Places

Cafes (1)

  • Tim Hortons · 8607 Glenlyon Parkway753 m

Parks (5+)

  • McKay Park229 m
  • Kaymar Creek Ravine Park394 m
  • Riverway West Park · 4390 Carson Street472 m
  • David Gray Park · 7480 McKay Avenue560 m
  • Suncrest Park674 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($349,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,398,400.00
Periodic payment — Principal & Interest (monthly)$9,022.00
Additional monthly expenses (strata, tax, utilities, etc.)$590.07
Total monthly cost$9,612.07
Interest paid over 5-yr term$400,785.46
Balance at end of term$1,257,865.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$349,600
Stress test qualifying rate8.09%
Payment you must qualify for$10,753.21

Cash Needed at Closing

Minimum down payment$349,600
Estimated BC PTT$32,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,060

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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