Property Type: Detached HouseOwnership: Freehold

7976 GOVERNMENT ROAD

Burnaby, BC V5A2E2

$5,498,800

5 bed5 bath10 parking5,598 sqftBuilt 1992
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
24,394 square feet
Frontage
136 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$17,963.28 (2025)

Interior

Basement
Crawl space, Unknown, Unknown
Heating
Radiant heat, Natural gas
Fireplace
Yes (2)

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
10 — covered indicated
Features
Garage, RV

Listing Information

MLS®
R3125654
Listed
May 20, 2026
Time on market
On the market for 103 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Located on Government Rd's Golden Mile, this rare .56-acre estate offers 136' frontage, gated privacy & resort-style living. Custom 5,600sf residence showcases grand, sunlit interiors, refined millwork & seamless indoor-outdoor flow to a south-backing garden with a 40'x20' pool, expansive terrace & dedicated outdoor bath/change rm. An elegant updated chef´s kit w/centre island anchors the main level, joined by a stately office, formal living & dining rms & family rm w/vaulted ceiling. The main-flr primary bedrm sanctuary features a spa-like ensuite, sitting area, gas fireplace & french doors to a secluded hot tub. Upstairs 4 generous bedrms & games rm deliver an ideal haven for the kids. Beautifully landscaped, a 3-car garage & ample RV/boat parking complete this exceptional offering. SEE VIDEO ! (id:63159)

Values & Trends

This listing

$982/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 10 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

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

15

3/9 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
Ecole Seaforth ElementaryElementary297 m
Burnaby Mountain SecondarySecondary1.6 km
Forest Grove ElementaryElementary1.9 km
Montecito ElementaryElementary2.1 km
Cameron ElementaryElementary2.4 km
Cariboo Hill SecondarySecondary2.4 km
Stoney Creek Community ElementaryElementary2.4 km
Lakeview ElementaryElementary2.5 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

StopTypeDistance
Eastbound Government Rd @ 8000 Block110 m
Westbound Government Rd @ 8000 Block143 m
Eastbound Government Rd @ Piper Ave173 m
Westbound Government Rd @ Piper Ave243 m
Westbound Government Rd @ Lakedale Ave402 m

Nearby Places

Restaurants (1)

  • El Comal Mexican Food · 7650 Winston Street632 m

Cafes (1)

  • Chef's Catering and Cafe · 4191 McConnell Drive749 m

Parks (4)

  • Warner Loat Park436 m
  • Eagle Creek Ravine Park439 m
  • Charles Rummel Park517 m
  • Burnaby Lake Regional Park618 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,099,760) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,399,040.00
Periodic payment — Principal & Interest (monthly)$28,381.11
Additional monthly expenses (strata, tax, utilities, etc.)$1,776.94
Total monthly cost$30,158.05
Interest paid over 5-yr term$1,260,777.51
Balance at end of term$3,956,950.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,099,760
Stress test qualifying rate8.09%
Payment you must qualify for$33,827.08

Cash Needed at Closing

Minimum down payment$1,099,760
Estimated BC PTT$192,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,294,200

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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