Property Type: Detached HouseOwnership: Freehold

8056 12TH AVENUE

Burnaby, BC V3N2L1

$3,249,800

9 bed9 bath14 parking4,718 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Lot size
7,446 square feet
Frontage
51 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,004.52 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Baseboard heaters, Radiant heat, Hot Water
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
14 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3085923
Listed
February 10, 2026
Time on market
On the market for 203 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: SRS Panorama Realty · Data source: CREA DDF.

Description

Welcome to 8056 12th Avenue, a 2023 custom-built luxury home on a 7,446 SQ FT lot in one of Burnaby´s most sought-after neighbourhoods. Boasting 4,718 SQ FT with 9 bedrooms and 8 bathrooms, plus an extra bathroom in the 551 SQ FT triple-car garage. Exquisitely designed with high-end finishes, designer millwork, expansive windows, and exceptional craftsmanship. Features include a chef-inspired kitchen, elegant wet bar, private theatre room, and spa-like bathrooms with steam shower and premium fixtures. Central A/C, radiant heating, security system, lighting automation throughout this home, Engineered hardwood flooring & top-of-the-line appliances. Includes suites to help with mortgage payments. Plus panoramic city & mountain views, complete this home! Open House April 5th 2-4pm. (id:63159)

Values & Trends

This listing

$689/sqft

Building average

No other active listings in this building

Burnaby average

$827/sqft

466 active listing(s)

Parking: 14 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

44

7/9 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
John Knox Christian - Elementary Campus(Independent)Elementary486 m
Second Street Community ElementaryElementary553 m
New Westminster SecondarySecondary608 m
SigmaSecondary778 m
Twelfth Avenue ElementaryElementary954 m
F W Howay ElementaryElementary984 m
Ecole Glenbrook Middle SchoolMiddle1.0 km
Herbert Spencer ElementaryElementary1.0 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 10 Ave @ 2nd St244 m
Eastbound 10 Ave @ 5th St413 m
Southbound 6th St @ 12 Ave445 m
Northbound 6th St @ 10 Ave458 m
Southbound 6th St @ 13 Ave458 m

Nearby Places

Restaurants (5+)

  • Desi Turka · 7807 6th Street456 m
  • Maple Mirchy Indian Fast Food Fusion462 m
  • Curry Wala · 7660 6th Street469 m
  • New Lakeview Restaurant476 m
  • Cayenne Bistro and Grill · 7677 6th Street482 m

Cafes (5+)

  • Tim Hortons450 m
  • Handworks Coffee Studio · 7705 6th Street465 m
  • Hiel Cafe · 7885 6th Street491 m
  • Connections Coffee · 8255 13th Avenue529 m
  • Good Neighbour Caffè · 718 Second Street736 m

Grocery (2)

  • Shree Supermarket515 m
  • Safeway782 m

Parks (5+)

  • Eastburn Park334 m
  • Unnamed520 m
  • Graham Park526 m
  • Unnamed583 m
  • Unnamed614 m

Shopping (1)

  • Royal Square751 m

Pharmacies (2)

  • Burnaby Square Pharmacy · 7885 6th Street479 m
  • Care First Pharmacy · 7612 6th Street509 m

Banks & ATMs (2)

  • Instacoin Bitcoin ATM496 m
  • GVC Credit Union754 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($649,960) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,599,840.00
Periodic payment — Principal & Interest (monthly)$16,773.29
Additional monthly expenses (strata, tax, utilities, etc.)$986.38
Total monthly cost$17,759.66
Interest paid over 5-yr term$745,121.62
Balance at end of term$2,338,564.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$649,960
Stress test qualifying rate8.09%
Payment you must qualify for$19,991.86

Cash Needed at Closing

Minimum down payment$649,960
Estimated BC PTT$80,490
Legal / closing costs (typical estimate)$1,500
Total cash needed$731,950

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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