Property Type: Detached HouseOwnership: Freehold

8326 ROYAL OAK AVENUE

Burnaby, BC V5J4L2

$1,349,900

4 bed2 bath3 parking1,952 sqftBuilt 1955
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
6,552 square feet
Frontage
56 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,514.3 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Forced air
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
3 — covered indicated
Features
Carport

Listing Information

MLS®
R3150061
Listed
July 27, 2026
Time on market
On the market for 35 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Elite West · Data source: CREA DDF.

Description

UNDER $1.35M - RENOVATED HOME WITH A 2-BEDROOM MORTGAGE HELPER NEAR SKYTRAIN! Move-in ready, this well-maintained detached home features a newly renovated main kitchen with brand-new appliances plus a fully renovated, self-contained 2-bedroom suite with its own private entrance & laundry-ideal for extended family or mortgage-helping rental income. Situated on a 6,552sqft south-facing lot, you'll love the professionally landscaped backyard & spacious covered deck with beautiful views, perfect for entertaining or relaxing year-round. Located within walking distance to SkyTrain, schools, parks & shopping, this home offers detached living for the price of a townhouse, plus future redevelopment potential under SSMUH zoning. An exceptional opportunity for first-time buyers, investors, or builders. (id:63159)

Values & Trends

This listing

$692/sqft

Building average

No other active listings in this building

Burnaby average

$827/sqft

466 active listing(s)

Parking: 3 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

26

6/9 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
Glenwood ElementaryElementary731 m
Clinton ElementaryElementary770 m
Nelson ElementaryElementary872 m
Burnaby South SecondarySecondary880 m
South Slope ElementaryElementary1.4 km
Burnaby Youth Hub Secondary ProgramElementary1.6 km
Windsor ElementaryElementary1.8 km
Maywood Community ElementaryElementary1.8 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 Marine Dr @ Royal Oak Ave228 m
Eastbound Marine Dr @ Royal Oak Ave242 m
Westbound Marine Drive @ 5400 Block292 m
Eastbound Marine Dr @ 5400 Block346 m
Eastbound Marine Dr @ 4900 Block445 m

Nearby Places

Restaurants (5+)

  • Jag's Pizza · 7696 Royal Oak Avenue578 m
  • Taku Japanese Kitchen · 7608 Royal Oak Avenue622 m
  • The Auntie Bakery & Deli · 7604 Royal Oak Avenue630 m
  • QUIK BITE · 5236 Rumble Street654 m
  • Gaya Korean Restaurant · 5240 Rumble Street654 m

Cafes (3)

  • Dario Cafeè · 5238 Rumble Street654 m
  • Adam's Crepes · 5217 Rumble Street681 m
  • Single V Coffee · 5232 Irmin Street738 m

Grocery (2)

  • Buy-Low Foods · 7641 Royal Oak Avenue626 m
  • Smart N Save Grocery & Cafe · 7600 Royal Oak Avenue647 m

Parks (5+)

  • Alta Vista Reservoir Park243 m
  • Froggers Creek Ravine Park399 m
  • John Matthews Creek Ravine Park629 m
  • Lewarne Park716 m
  • Gray Creek Ravine Park751 m

Gyms (2)

  • Anytime Fitness · 7643 Royal Oak Avenue602 m
  • Uplift Fitness · 7542 Royal Oak Avenue723 m

Pharmacies (1)

  • South Slope Pharmacy · 5203 Rumble Street680 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($109,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,079,920.00
Periodic payment — Principal & Interest (monthly)$6,967.28
Additional monthly expenses (strata, tax, utilities, etc.)$557.53
Total monthly cost$7,524.80
Interest paid over 5-yr term$309,508.18
Balance at end of term$971,391.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$109,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,534.47

Cash Needed at Closing

Minimum down payment$109,990
Estimated BC PTT$24,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,488

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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