4505 Marine Dr, Burnaby BC - Single Family Residence for Sale - MLS# R3092640

195 days on the market
$1,950,000
Est. Mortgage $8,627/mo
Listing updated:
EstateBlock checked:
2 Beds
1 Baths
1268 sqft
1538 $ /sqft
1952 built
13.3% price reduction
195 days on the market
$1,950,000
$2,250,000
Est. $8,627/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 4505 Marine Drive

13.3% price reduction

BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. The new R1 designation will allow your client to build anywhere up to 12 dwelling units on this property if subdivided, or up to 6 dwelling units as is, or anywhere in between if your client wishes to build for themselves with the bonus of added rental revenue from additional units! There is also the potential for a land assembly of additional properties for serious inquiries, and, the City of Burnaby has allowed for a delayed payment process for DCC’s and CAC’s.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Partial
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 0
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Other, Carpet
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,950,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1268
Year Built 1952
Age Of Building 74
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Carport Single, Open, Front Access
Total Parking Spaces 5
Rental Suites None

Lot & Land

Lot Size 13532.71
Lot Size Depth Feet
Lot Size Frontage 66.39
MLS® # R3092640
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Postal Code V5J 3G1
Gross Taxes $6,310.79
Zoning R1

Property Timeline

Status Date Price
R3092640 / Active 02-23-2026 $1,950,000
Rooms
Floor Type Dimensions
Main Level Kitchen 15' x 15' ft
Main Level Living Room 20' x 20' ft
Main Level Bedroom 10' x 10' ft
Main Level Bedroom 10' x 10' ft
Below Storage 24' x 24' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Sutton Centre Realty & Sutton Centre 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.

Map & Neighbourhood

Public Schools

Elementary
Nelson Elementary School
Above Average 0.91 km 7.1/10

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

Private Schools

Elementary
St. Francis de Sales
Above Average 2.91 km 8.7/10
Elementary,Secondary
Choice School For Gifted Children
Above Average 4.33 km 10/10

Closest Transit

Bus Stop
Westbound Marine Dr @ Sussex Ave
0.19 km
Skytrain
Skytrain @ Royal Oak Stn
1.61 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 32.4%
No Certificate/Degree
Average 13.3%
Owner Occupied
Below Average 50.3%
Employment Rate
Average 63.8%

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

60 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.61 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 SOUTH SLOPE compares
This property
195 DOM
Slower than area
South Slope avg
46 DOM
Average
Burnaby avg
46 DOM
Faster market

4505 Marine Drive has a sell-speed score of 60/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 14.9% and an area average of 46 days on market — conditions are balanced. With only 195 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 V5J 3G1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 3G1, 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 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~1.4 km). Annual avg AQHI 2.2 — 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 (3 nearby)

  • A&w · 687 m · Fast Food
  • Quesada · 689 m · Fast Food
  • Freshii · 698 m · Restaurant

Groceries (2 nearby)

  • The low carb grocery · 468 m · Supermarket
  • Choice's markets · 532 m · Supermarket

Shopping (1 nearby)

  • United flower growers cooperative association · 844 m · Florist

Cafes (1 nearby)

  • Tim hortons · 670 m · Cafe

Transit (1 nearby)

  • Bus stop eastbound north fraser way @ 5000 block · 998 m · Transit

Schools NearBy

17 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

815 m

BC Provincial School For The Deaf Elementary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

826 m

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.1 / 10

Distance

906 m

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

1.33 KM

Burnaby Youth Hub Secondary Program

Public

Grades Served

Catchment Info

2.7 / 10

Distance

1.49 KM

Burnaby South Secondary

Public

Grades Served

Catchment Info

5.2 / 10

Distance

1.56 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

5.4 / 10

Distance

1.76 KM

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.82 KM

Champlain Heights Annex

Public

Grades Served

K-3

Catchment Info

0

Distance

2.10 KM

Champlain Heights Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

2.21 KM

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

2.48 KM

Captain James Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.64 KM

Chaffey-Burke Elementary School

Public

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

2.79 KM

Fraser Park Secondary School Program

Public

Grades Served

Catchment Info

0

Distance

2.81 KM

Dr. H. N. MacCorkindale Elementary School

Public

Grades Served

K-7

Catchment Info

6.4 / 10

Distance

2.89 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

8.7 / 10

Distance

2.91 KM

Our Lady of Mercy

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

2.92 KM

Pre-computed routes from 4505 Marine Dr, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Royal Oak → Waterfront
    42 min
  • Metrotown, Burnaby via Royal Oak → Metrotown
    24 min
  • SFU Burnaby via Royal Oak → Production Way
    40 min
  • Richmond Centre via Royal Oak → Brighouse
    67 min
  • YVR Airport via Royal Oak → YVR-Airport
    68 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    14 min
  • Metrotown, Burnaby via Lougheed Hwy
    2 min
  • SFU Burnaby via Gaglardi Way
    9 min
  • Richmond Centre via No. 3 Rd
    13 min
  • YVR Airport via Bridgeport / Sea Island
    16 min

Calculate your commute

4505 Marine Dr, Burnaby, BC is ideally located for commuters. The property is 1.6 km from Royal Oak, with a 42 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Marine Dr @ Sussex Ave (0.19 km). Walk Score Transit rating: Good Transit (50/100).

Walkability & Transit Near 4505 Marine Drive

Walk Score Badge
Car-Dependent 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 50

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
38

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 4505 Marine Drive

/month
Principal & Interest
Property Taxes $526
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $7,974/month in total housing costs on this $1,950,000 property — $7,448 mortgage payment, $526 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $4,864/month estimated rent and $8,177/month in total housing costs, this property has a -$3,313/month cashflow. Break-even down payment: approximately 56%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 4505 Marine Drive, Burnaby

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — South Slope, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $1,950,000
Burnaby Loading...
South Slope Loading...

No active comparable properties are currently available for this property type in Burnaby. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (13.3% price reduction) based on its competitive pricing and market demand.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 4505 Marine Drive

Walk Score Badge
Car-Dependent 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 50

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
38

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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