Home Burnaby, BC Parkcrest 1988 Kensington Avenue

1988 Kensington Ave, Burnaby BC - Land for Sale - MLS# R3163452

3 days on the market

$1,598,000

Est. Mortgage $7,070/mo

Listing updated: Sep 11, 2026 at 12:41pm

EstateBlock checked: Sep 11, 2026 at 08:30pm

0 sqft

NEW 44.9% cheaper than comps

3 days on the market

$1,598,000

Est. $7,070/mo with 20% down

Listing updated: Sep 11, 2026 at 12:41pm

EstateBlock checked: Sep 11, 2026 at 08:30pm

Photos

Exterior Front Photo of 1988 Kensington Avenue, Burnaby, BC

Exterior Rear Photo of 1988 Kensington Avenue, Burnaby, BC

PRIME PARKCREST LOCATION ONLY 3 DOORS FROM SUMAS PARK!! 7781Sf lot with back lane access for you to build your family's dream home with laneway home or build mutifamily units. Close to both levels of school including French Immersion (Burnaby North Secondary, Alpha Secondary, Sperling Elementary), skytrain, Parkcrest Plaza & Kensington Plaza shopping, Amazing Brentwood and short distance to Simon Fraser University, BCIT, Burnaby Heights shops & restaurants Plus Metrotown. One of the finest neighborhoods in North Burnaby. Survey certificate available

Exterior Features

Exterior Features	Private Yard
View Description	Southern View
Structures	Land Only

Building Details

Price	$1,598,000
Property Type	Land
Ownership Type	Freehold NonStrata
Community Features	Near Shopping
Utility Type	Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource)	Public
Parking Type	Rear Access

Lot & Land

Lot Size	7781
Lot Size Depth	Feet
Lot Size Frontage	52.8
MLS^® #	R3163452
Area	Burnaby North
Neighbourhood	Parkcrest
City	Burnaby
Postal Code	V5B 4E1
Gross Taxes	0
Zoning	R1

Property Timeline

Status	Date	Price
R3163452 / Active	09-09-2026	$1,598,000

Listed by: Stonehaus Realty Corp. & Stonehaus Realty Corp.

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.

Map & Neighbourhood

Public Schools

Secondary
Burnaby North Secondary School: Above Average 1.28 km 7.7/10
Elementary
Sperling Elementary School: Above Average 0.5 km 7.5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Holy Cross School: Above Average 1.65 km 7.1/10
Elementary,Secondary
Fawkes Academy: 2.82 km

Closest Transit

Bus Stop
Eastbound Halifax St @ Kensington Ave: 0.16 km
Skytrain
Skytrain @ Holdom Stn: 0.89 km

Crime Rate

Total Crime Rate: Below Average
Violent Crime Rate: Low
Property Crime Rate: Average

Demographics

Post-Secondary Education: Average 31.9%
No Certificate/Degree: Average 12.9%
Owner Occupied: Below Average 52.8%
Employment Rate: Average 64.3%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

62 / 100

Overall sell-speed score

Moderate pace expected

A+

Price competition grade

Avg comparable: $2,315,502

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.89 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How PARKCREST compares

This property

3 DOM

Very fast

Parkcrest avg

85 DOM

Average

Burnaby avg

85 DOM

Slower market

1988 Kensington Avenue has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 44.9% below comparable active properties in Parkcrest, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.2% and an area average of 85 days on market — buyers have more leverage. With only 236 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5B 4E1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5B 4E1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby Kensington Park, Burnaby (~1.4 km). Annual avg AQHI 1.9 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (6 nearby)

Park crest diner · 586 m · Restaurant
Garlic and chili · 650 m · Restaurant
Sushi u · 654 m · Restaurant

Shopping (5 nearby)

Salon glam · 581 m · Hairdresser
Elegant barber · 600 m · Hairdresser
White angel nails · 646 m · Beauty Shop

Groceries (3 nearby)

Angry otter liquor · 574 m · Beverages
Buy low foods · 619 m · Supermarket
Express news & smokes · 907 m · Convenience

Transit (3 nearby)

Skytrain @ holdom stn station · 895 m · Transit
Skytrain @ sperling stn station · 898 m · Transit
Bus stop westbound curtis st @ kensington ave · 979 m · Transit

Cafes (1 nearby)

Starbucks · 893 m · Cafe

Schools NearBy

21 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Sperling Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.5 / 10	Distance 497 m
Parkcrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 561 m
Lochdale Community Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 932 m
Aubrey Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.10 KM
Burnaby Continuing Education	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.25 KM
Burnaby North Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.7 / 10	Distance 1.28 KM
Montecito Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.28 KM
Westridge Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.51 KM
Holy Cross School	Independent	Grades Served —	Catchment Info —	7.1 / 10	Distance 1.65 KM
Holy Cross Elementary School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 1.65 KM
Brentwood Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.82 KM
Capitol Hill Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 1.83 KM
St. Helen's	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 1.86 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	0	Distance 1.97 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.15 KM
Alpha Secondary	Public	Grades Served —	Catchment Info —	7.0 / 10	Distance 2.29 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.60 KM
Confederation Park Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.71 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.76 KM
Fawkes Academy	Independent	Grades Served —	Catchment Info —	0	Distance 2.82 KM
Ecole Seaforth Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 2.92 KM

Pre-computed routes from 1988 Kensington Ave, Burnaby, BC

1988 Kensington Ave, Burnaby, BC Holdom 0.9 km

33 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Holdom → Waterfront
33 min
Metrotown, Burnaby via Holdom → Metrotown
33 min
SFU Burnaby via Holdom → Production Way
20 min
Richmond Centre via Holdom → Brighouse
58 min
YVR Airport via Holdom → YVR-Airport
59 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
13 min
Metrotown, Burnaby via Lougheed Hwy
6 min
SFU Burnaby via Gaglardi Way
5 min
Richmond Centre via No. 3 Rd
20 min
YVR Airport via Bridgeport / Sea Island
21 min

Calculate your commute

1988 Kensington Ave, Burnaby, BC is ideally located for commuters. The property is 0.9 km from Holdom, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Halifax St @ Kensington Ave (0.16 km). Walk Score Transit rating: Good Transit (62/100).

Walkability & Transit Near 1988 Kensington Avenue

Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 62

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 1988 Kensington Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $0

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($319,600), the estimated monthly payment for this listing is $6,103/month — $6,103 principal & interest.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Sep 11, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $3,986/month, this property runs a $2,283/month shortfall after mortgage and carrying costs. Break-even requires approximately 50% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1988 Kensington Avenue, Burnaby

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.