Property Type: Detached HouseOwnership: Freehold

8029 WESTLAKE STREET

Burnaby, BC V5A2A9

$2,300,000

5 bed3 bath4 parking2,917 sqftBuilt 1969
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
9,076.17 square feet
Frontage
76 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,346.05 (2025)

Interior

Heating
Heat Pump, Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3121950
Listed
May 11, 2026
Time on market
On the market for 112 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.

Description

Beautifully renovated and thoughtfully reimagined home in Burnaby´s prestigious Government Road neighbourhood. Nestled among lush gardens and old-growth trees, this private property offers a wraparound concrete patio with multiple spaces to relax and entertain. The main residence features 4 bedrooms, 2 full baths, a cozy fireplace, and a legal 1-bedroom garden suite ideal for multi-generational living or income potential. Both the main home and suite showcase extensive upgrades including new appliances, custom millwork, designer tilework, updated flooring, A/C, radiant in-floor heating, modern lighting, fresh paint, and skylights. Expansive windows throughout fill the home with natural light. Additional features include roughed-in EV charging in the double garage. Conveniently located near Seaforth Elementary, Burnaby Lake, Costco, transit and The Amazing Brentwood. Call now to view! (id:63159)

Values & Trends

This listing

$788/sqft

Building average

No other active listings in this building

Burnaby average

$826/sqft

466 active listing(s)

Parking: 4 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

Mainly Clear

15°C

Mainly Clear

Humidity 100%

Wind ESE 13 km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

7

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
Ecole Seaforth ElementaryElementary397 m
Burnaby Mountain SecondarySecondary1.5 km
Forest Grove ElementaryElementary1.6 km
Montecito ElementaryElementary2.0 km
Stoney Creek Community ElementaryElementary2.2 km
Cameron ElementaryElementary2.3 km
Sperling ElementaryElementary2.6 km
Cariboo Hill SecondarySecondary2.6 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
Westbound Government Rd @ 8000 Block260 m
Eastbound Government Rd @ 8000 Block271 m
Westbound Enterprise St @ 7900 Block294 m
Eastbound Government Rd @ Piper Ave383 m
Westbound Government Rd @ Lakedale Ave394 m

Nearby Places

Cafes (1)

  • Cafe Artigiano623 m

Parks (3)

  • Charles Rummel Park556 m
  • Eagle Creek Ravine Park743 m
  • Warner Loat Park746 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($460,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,840,000.00
Periodic payment — Principal & Interest (monthly)$11,871.06
Additional monthly expenses (strata, tax, utilities, etc.)$758.17
Total monthly cost$12,629.23
Interest paid over 5-yr term$527,349.29
Balance at end of term$1,655,085.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$460,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,148.96

Cash Needed at Closing

Minimum down payment$460,000
Estimated BC PTT$47,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$508,500

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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