Home Burnaby, BC Deer Lake Place 5565 Gilpin Street

5565 Gilpin St, Burnaby BC – House for Sale – MLS® R3122943

5565 Gilpin Street, Burnaby, British Columbia V5G 2H8

Burnaby Houses for Sale

166 days on the market

$1,998,800

Est. Mortgage $8,843/mo

Listing updated: Jul 16, 2026 at 09:04am

EstateBlock checked: Oct 21, 2026 at 06:45am

4 Beds

3 Baths

2400 sqft

833 $ /sqft

1969 built

Photo

Rare opportunity to own this well-maintained home situated on a huge 10,800 sq ft flat lot with desirable north-south orientation in a prime Burnaby Location! Backing directly onto a peaceful park with lane access, this property offers exceptional privacy and a spacious, fenced & gated backyard, perfect for entertaining, gardening, kids or pets. Recent updates include new paint, updated flooring in selected areas (2026), updated drainage (2025), & newer covered upper sundeck (2014). Functional layout with double garage plus 3 extra secured parking spaces. Conveniently located near parks, schools, transit, shopping & amenities. Excellent opportunity for families, investors, or builders with strong future potential in a highly desirable neighborhood!!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Full
Appliances Included	Washer/Dryer, Refrigerator, Stove
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	1
Flooring	Hardwood, Laminate, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony, Private Yard
View Description	Park View
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$1,998,800
Total Bedrooms	4
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	2400
Year Built	1969
Age Of Building	57
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, RV Access/Parking, Front Access, Lane Access, Garage Door Opener
Total Parking Spaces	5
Rental Suites	None

Lot & Land

Lot Size	10800
Lot Size Depth	Feet
Lot Size Frontage	60
MLS^® #	R3122943
Area	Burnaby South
Neighbourhood	Deer Lake Place
City	Burnaby
Postal Code	V5G 2H8
Gross Taxes	$7,286.5
Zoning	R1

Property Timeline

Status	Date	Price
R3122943 / Active	05-08-2026	$1,998,800
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	16'6 x 16'6 ft
Main Level	Kitchen	13' x 13' ft
Main Level	Dining Room	12' x 12' ft
Below	Bedroom	12'6 x 12'6 ft
Main Level	Primary Bedroom	11'6 x 11'6 ft
Main Level	Bedroom	13' x 13' ft
Main Level	Bedroom	12'6 x 12'6 ft
Below	Family Room	20'6 x 20'6 ft
Below	Living Room	15'8 x 15'8 ft
Below	Den	13' x 13' ft
Below	Laundry	7' x 7' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	No	#3
Below	No	#3

Listed by: Magsen Realty Inc.

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
Gilpin Elementary School: Above Average 0.2 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
Burnaby Montessori School: 0.96 km
Secondary
Whytecliff Agile Learning Centre-Burnaby: Above Average 3.2 km 10/10

Closest Transit

Bus Stop
Eastbound Gilpin St @ Chapple Cres: 0.05 km
Skytrain
Skytrain @ Sperling Stn: 2.36 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 39.1%
No Certificate/Degree: Below Average 10%
Owner Occupied: Below Average 49.7%
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

42 / 100

Overall sell-speed score

May take longer

—

Price competition grade

No comparable data

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.36 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 DEER LAKE PLACE compares

This property

166 DOM

Slower than area

Deer Lake Place avg

46 DOM

Average

Burnaby avg

46 DOM

Faster market

5565 Gilpin Street has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 8.1% and an area average of 46 days on market — buyers have more leverage. With only 198 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 V5G 2H8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5G 2H8, 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. Nearest station: Burnaby South, Burnaby (~3 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 (1 nearby)

Hooray coffee · 980 m · Restaurant

Gyms (1 nearby)

Burnaby winter club · 997 m · Gym

Transit (1 nearby)

Bus stop eastbound canada way @ century park way · 986 m · Transit

Schools NearBy

17 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.1 / 10	Distance 201 m
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 519 m
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 766 m
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	N/A	Distance 955 m
Moscrop Secondary School	Public	Grades Served 8-12	Catchment Info —	7.4 / 10	Distance 1.60 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.87 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.24 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.25 KM
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.35 KM
École Inman Elementary	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.46 KM
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 2.46 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.50 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 2.72 KM
Sperling Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.77 KM
Cascade Heights Elementary	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 2.83 KM
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 2.85 KM
Parkcrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 3.00 KM

Pre-computed routes from 5565 Gilpin St, Burnaby, BC

5565 Gilpin St, Burnaby, BC Sperling 2.4 km

52 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Sperling → Waterfront
52 min
Metrotown, Burnaby via Sperling → Metrotown
52 min
SFU Burnaby via Sperling → Production Way
35 min
Richmond Centre via Sperling → Brighouse
77 min
YVR Airport via Sperling → YVR-Airport
78 min

By car (off-peak)

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

Calculate your commute

5565 Gilpin St, Burnaby, BC is ideally located for commuters. The property is 2.4 km from Sperling, with a 52 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Gilpin St @ Chapple Cres (0.05 km). Walk Score Transit rating: Some Transit (45/100).

Walkability & Transit Near 5565 Gilpin Street

Car-Dependent 50

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 45

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 57

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 5565 Gilpin Street

/month

Principal & Interest

Property Taxes $607

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $8,241/month in total housing costs on this $1,998,800 property — $7,634 mortgage payment, $607 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

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $4,986/month estimated rent and $8,449/month in total housing costs, this property has a -$3,463/month cashflow. Break-even down payment: approximately 57%.

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

Estateblock Rent Estimate for 5565 Gilpin Street, 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.