8915 MONROE AVENUE
Burnaby, BC V3N4E7
$1,898,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,722 square feet
- Frontage
- 78 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,092 (2026)
Interior
- Basement
- Full, Unknown, Unknown
- Heating
- Forced air
- Fireplace
- Yes (2)
Exterior & Lot
- View
- View
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3132404
- Listed
- June 4, 2026
- Time on market
- On the market for 88 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Realty (Kingsway) Ltd. · Data source: CREA DDF.
Description
Ideal for both owner-occupancy and investment, Great mountain view, now is tenanted for $4500/month, this two-storey detached home in Burnaby sits on a large lot measuring 7,722 sq. ft with 78 frontage.; the entire parcel features no slopes, Accommodating six bedrooms and three bathrooms, the property enjoys an outstanding location with superb everyday convenience: 2-minutes walk to the local elementary school and a 5-minute stroll to the secondary school, steps away from a community park within a mature, strip mall, secure and peaceful residential neighbourhood, only a 3-minutew drive to Lougheed Mall and 15 minutes to Metrotown. R1 zoning, excellent opportunity for development. (id:63159)
Values & Trends
This listing
$724/sqft
Building average
—
No other active listings in this building
Burnaby average
$827/sqft
466 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
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
30
5/9 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
| School | Type | Distance |
|---|---|---|
| Armstrong Elementary | Elementary | 249 m |
| St. Michaels(Independent) | Elementary | 677 m |
| Cariboo Hill Secondary | Secondary | 687 m |
| Skwo:wech | Elementary | 1.1 km |
| F W Howay Elementary | Elementary | 1.2 km |
| John Knox Christian - Elementary Campus(Independent) | Elementary | 1.5 km |
| Urban Academy Senior(Independent) | K-12 | 1.6 km |
| Urban Academy Junior(Independent) | Elementary | 1.6 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
| Stop | Type | Distance |
|---|---|---|
| Westbound Armstrong Ave @ Cariboo Rd | — | 111 m |
| Southbound Cariboo Rd @ 7600 Block | — | 111 m |
| Northbound Cariboo Rd @ 7600 Block | — | 135 m |
| Northbound Cariboo Rd @ Armstrong Ave | — | 138 m |
| Eastbound Armstrong Ave @ Langley St | — | 262 m |
Nearby Places
Restaurants (2)
- Nam Vegan Express · 8681 East Tenth Avenue541 m
- Sushi Box · 8671 Tenth Avenue554 m
Cafes (1)
- Season's Apple Café · 8699 Tenth Avenue506 m
Parks (5+)
- Cariboo Park285 m
- Cariboo Hill School Park497 m
- Millview Park site571 m
- Victory Heights Park615 m
- Wesburnco Sports Courts716 m
Pharmacies (1)
- Pharmasave · 8697 East Tenth Avenue480 m
Banks & ATMs (1)
- Scotiabank · 8691 Tenth Avenue493 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.