8246 BURNLAKE DR, Burnaby BC V5A 3K9, Burnaby, BC

$2,999,999
Est. Mortgage /mo

MLS® R3007412

$2,999,999
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
5 Baths
4 Stories
lot 18094 sqft
4343 sqft
1978 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

This prime 18,091 sqft development lot in Burnaby’s Government Road neighborhood offers exceptional potential for multi-family or subdivision projects, currently zoned R1 with a 3.0 FAR density (54,273 sqft buildable). The property, assessed at $2,557,000 ($2,292,000 land, $265,000 improvements), is priced below future value, with a minimum land valuation of $8.1M+ (18,091 sqft x 3.0 FAR x $150/sqft). Options include an 8-storey apartment development, subdivision into 8 luxury homes (est. $1.8M–$2.2M+ each), or 4 smaller homes, with rental income of $6,500/month. Nearby schools include Seaforth Elementary and Burnaby Mountain Secondary, and the area scores 82/100 for transit. Includes survey plans—ideal for developers or investors awaiting rezoning. Priced at $2,999,999.Act now !

General Info

Price $2,999,999
Total Bedrooms 6
Total Bathrooms 3
Half Bathrooms 2
Floor Area Total (sqft) 4343
Lot Size 18094.11
Lot Size Depth Feet
Lot Size Frontage 87.2
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1978
Age Of Building 47
Building Type Single Family Residence
Property Type Residential
Architecture Style 4 Level Split
Stories 4
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3007412
Area Burnaby North
Neighbourhood Government Road
City Burnaby
Gross Taxes $7,991.39
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Retirement Community, Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Multiple, Open, RV Access/Parking
Total Parking Spaces 6

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Laminate, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description Mountains
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer
Roof Other, Torch-On

Property History

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Status Date Price
Active - $2,999,999
Show more

Listed by: RE/MAX City Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Burnaby Mountain Secondary School
1.14 km
No Rating
Elementary
École Seaforth Elementary
Above Average
0.9 km
Rating 7.7/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St.Michaels School
2.45 km
Rating 9.9/10
Secondary
Carver Christian High School
2.27 km
No Rating

Closest Transit

Translink
Westbound Government Rd @ 8300 Block
0.23 km

8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 is serviced by École Seaforth Elementary. The property with listing MLS® R3007412 is located 0.9 km from the school. École Seaforth Elementary has a rating of Rating 7.7/10.

This home with address 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9, Burnaby, BC is also serviced by Burnaby Mountain Secondary School and located 1.14 km from it. Burnaby Mountain Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 is St.Michaels School with School's rating Rating 9.9/10, located 2.45 km from this home.

The closest to this address 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 Secondary independent school is Carver Christian High School with School's rating No Rating, located 2.27 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R3007412 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 are Average. Property misconduct rating adjacent to MLS® R3007412 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Westbound Government Rd @ 8300 Block in 0.23 km away from this listing with - MLS® R3007412.

39.6% of people with university certificate/degree live in this neighbourhood adjacent to the 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 which is High in comparison with other BC neighbourhoods. 9.9% of population in this neighbourhood that is near the Listing MLS® R3007412 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9, Burnaby, BC is $111531 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3007412 is $36154 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 46.4% which is Low.

Unemployment rate in the area around Real Estate Listing # R3007412 is 4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 Government Road where population change between 2011 and 2016 was -6.4%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9, Burnaby, BC is 873.3 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3007412 is 63.5% and it is Above Average. % of Married or living common law is around 63.2% and it is Above Average.

Average age of the population close to the 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 is 43.7 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9, Burnaby, BC is $1828513 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9. $1899 owners spent in average for the dwelling. Tenants are paying $1435 in this district close to MLS® R3007412 and it is High comparing to other cities.

15% of Population in this district near the 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9, Burnaby, BC is 6.2%, it is Below Average, % of English speakers only is 88.8% and Below Average. % of Neither English nor French speakers close to home for sale 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9, Burnaby, BC is 5.1% and it is High comparing to other BC cities.

15.6% of all population in the area around this property with the address 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9, Burnaby, BC using Public Transport which is Above Average, 79% of using population are using Cars around MLS® R3007412, which is Below Average. 2% of people using Bicycles around the 8246 BURNLAKE DRIVE, Burnaby BC V5A 3K9 and it is Above Average. 1.7% of population are walking which is Low

Show more Hide

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,999,999
Burnaby No comparables
Government Road No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
Thank you Your message has been sent

Book a tour

Please complete the form. We will the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent
Go See This Home Now