Home Burnaby, BC Vancouver Heights 4298 Mcgill Street

4298 Mcgill St, Burnaby BC V5C 1M9 – House for Sale – MLS® R3133075

4298 Mcgill Street, Burnaby, British Columbia V5C 1M9

Burnaby Houses for Sale

156 days on the market

$1,799,000

Est. monthly cost $7,734/mo

Updated with MLS® - Nov 12, 2026 at 05:25pm

Vancouver Heights

2 Beds

3 Baths

1178 sqft

1527 $ /sqft

1991 built

14.3% price reduction

Photos

Prime Corner Lot in the Heart of Burnaby Heights | Great opportunity to own a piece of one of Burnaby's most sought-after neighbourhoods. Quiet street adjacent to McGill Park, this 2 BED / 3 BATH home offers exceptional flexibility — build, renovate or develop w/ new SSMUH zoning. Upper level features functional layout w/ 2 BED, full kitchen w/ window overlooking park, BI oven & range top, living room & eating area. 4 piece bath w/ soaker tub & separate shower & cozy gas FP enhances the living space. Includes HW on demand & A/C. Detached garage w/ rear lane access & unfinished basement is a blank canvas ready for your vision — recroom, workshop or media room. Directly across from McGill Park playground, walk to Burnaby Heights Park & close to leisure centre, library, local shops & dining.

Building 21 fields Inside & out 12 fields Lot & land 10 fields

Building Details

Price	$1,799,000
Total Bedrooms	2
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	1178
Year Built	1991
Age Of Building	35
Building Type	Single Family Residence
Property Type	Residential
Architecture Style	Basement Entry
Stories	2
Building Name	Vancouver Heights
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Detached, Lane Access
Total Parking Spaces	2
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Full, Unfinished
Appliances Included	Dishwasher, Refrigerator, Oven, Range Top
Fireplace	1
Heating Type	Baseboard, Hot Water
Cooling	Air Conditioning
# of Kitchens	1
Flooring	Laminate, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Asphalt
Structures	Residential Detached

Lot & Land

Lot Size	4026
Lot Size Depth	Feet
Lot Size Frontage	33
MLS^® #	R3133075
Area	Burnaby North
Neighbourhood	Vancouver Heights
City	Burnaby
Postal Code	V5C 1M9
Gross Taxes	$5,812
Zoning	R1

Property Timeline

Status	Date	Price
R3133075 / Active	06-09-2026	$1,799,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18'8 x 18'8 ft
Main Level	Eating Area	10'8 x 10'8 ft
Main Level	Kitchen	19' x 19' ft
Main Level	Primary Bedroom	12'8 x 12'8 ft
Main Level	Bedroom	18'8 x 18'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	Yes	#2
Basement	No	#3

Listed by: Royal LePage - Wolstencroft

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, sell speed & climate

SkyTrain 2.45 km · crime below average · sell-speed score 44/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (40 nearby)

Shoppers drug mart · 755 m · Pharmacy
Divine pharmacy and medical clinic · 761 m · Chemist
Lavished beauty · 761 m · Beauty Shop

Restaurants (33 nearby)

Quesada · 757 m · Fast Food
Freshslice pizza · 758 m · Fast Food
Chicko chicken · 759 m · Fast Food

Cafes (13 nearby)

Jj bean · 757 m · Cafe
Fiordilatte gelateria & cafe · 762 m · Cafe
Teaspoons · 762 m · Cafe

Groceries (12 nearby)

Burnaby heights persian market and halal meats · 769 m · Supermarket
Stop n go · 781 m · Convenience
Fortuna bakery · 795 m · Bakery

Healthcare (7 nearby)

Shoppers drug mart · 755 m · Healthcare
Divine pharmacy and medical clinic · 761 m · Healthcare
Total care pharmacy · 767 m · Healthcare

Transit (1 nearby)

Bus stop westbound mcgill st @ n esmond ave · 966 m · Transit

Public Schools

Elementary
Gilmore Community Elementary School: Above Average 0.55 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,Secondary
Fawkes Academy DL: Above Average 0.75 km 9.5/10
Elementary,Secondary
Fawkes Academy DL: Above Average 0.75 km 9.5/10

Closest Transit

Bus Stop
Westbound Eton St @ N Madison Ave: 0.07 km
Skytrain
Skytrain @ Brentwood Stn: 2.45 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 29.2%
No Certificate/Degree: Above Average 15.8%
Owner Occupied: Below Average 47.2%
Employment Rate: Average 61.5%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

44 / 100

Overall sell-speed score

May take longer

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.45 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Possible — near airport

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How VANCOUVER HEIGHTS compares

This property

156 DOM

Slower than area

Vancouver Heights avg

85 DOM

Average

Burnaby avg

85 DOM

Faster market

4298 Mcgill Street has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. 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 236 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5C 1M9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5C 1M9, 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 B / Good

Annual avg PM2.5 5.3 µg/m³ — meets Canada's CAAQS. Nearest station: North Vancouver Second Narrows, North Vancouver (~1.7 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.

Schools NearBy

21 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Rosser Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 545 m
Gilmore Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.5 / 10	Distance 550 m
Fawkes Academy DL	Independent	Grades Served —	Catchment Info —	9.5 / 10	Distance 754 m
Fawkes Academy	Independent	Grades Served —	Catchment Info —	N/A	Distance 926 m
Confederation Park Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 1.02 KM
Sir John Franklin Community School	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 1.41 KM
Alpha Secondary	Public	Grades Served —	Catchment Info —	7.0 / 10	Distance 1.54 KM
Kitchener Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.77 KM
Brentwood Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.13 KM
Capitol Hill Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.18 KM
Holy Cross Elementary School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 2.29 KM
Kenneth Gordon	Independent	Grades Served —	Catchment Info —	5.6 / 10	Distance 2.29 KM
Holy Cross School	Independent	Grades Served —	Catchment Info —	7.1 / 10	Distance 2.30 KM
St. Helen's	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.39 KM
Dr. A. R. Lord Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.41 KM
West Coast Christian School	Independent	Grades Served K-12	Catchment Info —	6.0 / 10	Distance 2.62 KM
Aubrey Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.69 KM
Burnaby North Secondary School	Public	Grades Served 8-12	Catchment Info —	7.7 / 10	Distance 2.84 KM
Burnaby Continuing Education	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 2.91 KM
Notre Dame Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.93 KM
Windsor Secondary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.93 KM

Pre-computed routes from 4298 Mcgill St, Burnaby, BC

4298 Mcgill St, Burnaby, BC Brentwood 2.5 km

49 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brentwood → Waterfront
49 min
Metrotown, Burnaby via Brentwood → Metrotown
49 min
SFU Burnaby via Brentwood → Production Way
40 min
Richmond Centre via Brentwood → Brighouse
74 min
YVR Airport via Brentwood → YVR-Airport
75 min

By car (off-peak)

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

Calculate your commute

4298 Mcgill St, Burnaby, BC is ideally located for commuters. The property is 2.5 km from Brentwood, with a 49 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Eton St @ N Madison Ave (0.07 km). Walk Score Transit rating: Good Transit (53/100).

Walkability & Transit Near 4298 Mcgill Street

Somewhat Walkable 67

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Good Transit 53

Transit Score - Good Transit

Many nearby public transportation options

Somewhat Bikeable 36

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $7,734/month · rent estimate $4,724/month · owning catches up with renting by year 20 · cash flow if rented −$3,433/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 4298 Mcgill Street

$7,734 /month

Principal & Interest $7,250

Property Taxes $484

Maintenance fee $0

The estimated monthly cost of 4298 Mcgill Street, Burnaby is $7,734: $7,250 principal and interest with 20% down over 30 years at 4.45%, plus $484 property tax.

or Call 778-918-5990

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

Investment Cashflow Calculator

−$3,433 /month

Mortgage Payment $7,250

Monthly Cash Flow −$3,433

Break Even Down Payment 58%

Cap Rate -2.3%

Cash on Cash -11.5%

If 4298 Mcgill Street, Burnaby were rented at $4,724 a month with 5% vacancy, it would fall $3,433 a month short of the mortgage and carrying costs; about 58% down would break even.

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

Estateblock Rent Estimate for 4298 Mcgill Street, Burnaby

$4,724 / month

Rent $4,724

Own $7,734

Principal: $2,332/mo Interest, tax, insurance, fees: $5,402/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,952/mo (year 1) → ~$4,539/mo (year 20) → ~$6,770/mo (year 29).

Net cost to own at year 5 ~$5,402/mo About $678/mo more than renting

EstateBlock estimates 4298 Mcgill Street, Burnaby would rent for about $4,724 a month.

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.

Rent vs own: 4298 Mcgill Street

Rent vs own

Owning catches up by year 20

With 20% down ($359,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $128,252

Principal paid off by year 10 $288,398

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 4298 Mcgill Street, Burnaby is cheaper at first, but owning catches up by year 20, with $128,252 of principal paid off by year 5 and $288,398 by year 10.