Home Burnaby, BC Upper Deer Lake 5987 Malvern Avenue

5987 Malvern Ave, Burnaby BC - Single Family Residence for Sale - MLS# R3148541

68 days on the market

$2,699,000

Est. Mortgage $11,940/mo

Listing updated: Sep 12, 2026 at 10:55am

EstateBlock checked: Sep 27, 2026 at 01:10am

4 Beds

2 Baths

1446 sqft

1867 $ /sqft

1957 built

OPEN HOUSE

68 days on the market

$2,699,000

Est. $11,940/mo with 20% down

Listing updated: Sep 12, 2026 at 10:55am

EstateBlock checked: Sep 27, 2026 at 01:10am

Photos

Exterior Front Photo of 5987 Malvern Avenue, Burnaby, BC

Exterior Rear Photo of 5987 Malvern Avenue, Burnaby, BC

Living Room Photo of 5987 Malvern Avenue, Burnaby, BC

Family Room Photo of 5987 Malvern Avenue, Burnaby, BC

Dining Area Photo of 5987 Malvern Avenue, Burnaby, BC

Kitchen Photo of 5987 Malvern Avenue, Burnaby, BC

Kitchen Island Photo of 5987 Malvern Avenue, Burnaby, BC

Pantry Photo of 5987 Malvern Avenue, Burnaby, BC

Breakfast Nook Photo of 5987 Malvern Avenue, Burnaby, BC

Primary Bedroom Photo of 5987 Malvern Avenue, Burnaby, BC

Primary Bathroom Photo of 5987 Malvern Avenue, Burnaby, BC

Walk-In Closet Photo of 5987 Malvern Avenue, Burnaby, BC

Bedroom 2 Photo of 5987 Malvern Avenue, Burnaby, BC

Bedroom 3 Photo of 5987 Malvern Avenue, Burnaby, BC

Bedroom 4 Photo of 5987 Malvern Avenue, Burnaby, BC

Guest Bathroom Photo of 5987 Malvern Avenue, Burnaby, BC

Powder Room Photo of 5987 Malvern Avenue, Burnaby, BC

Office / Den Photo of 5987 Malvern Avenue, Burnaby, BC

Loft / Bonus Room Photo of 5987 Malvern Avenue, Burnaby, BC

Basement Recreation Room Photo of 5987 Malvern Avenue, Burnaby, BC

Laundry Room Photo of 5987 Malvern Avenue, Burnaby, BC

Mudroom Photo of 5987 Malvern Avenue, Burnaby, BC

Entry Foyer Photo of 5987 Malvern Avenue, Burnaby, BC

Hallway Photo of 5987 Malvern Avenue, Burnaby, BC

Staircase Photo of 5987 Malvern Avenue, Burnaby, BC

Garage Interior Photo of 5987 Malvern Avenue, Burnaby, BC

Outdoor Patio Photo of 5987 Malvern Avenue, Burnaby, BC

Outdoor Deck Photo of 5987 Malvern Avenue, Burnaby, BC

Backyard Photo of 5987 Malvern Avenue, Burnaby, BC

Front Yard Photo of 5987 Malvern Avenue, Burnaby, BC

Garden / Landscaping Photo of 5987 Malvern Avenue, Burnaby, BC

YOUR NEXT BEST INVESTMENT! This rarely available parcel is located in Buckingham Heights — the most sought-after neighbourhood in Burnaby. This rancher with basement home sits on an expansive 11,090 sq.ft. lot with 75 feet of frontage, zoned Small-Scale Multi-Unit Housing for exceptional development potential — subdivide into TWO single-famly homes, build up to 8 units, construct your dream home, or add a secondary suite to the unfinished basement. Always verify zoning and development potential with the city. Enjoy an unbeatable location minutes to Deer Lake Beach, Royal Oak Skytrain Station, Metrotown, Brentwood Mall, and Burnaby Hospital. This is more than a property — it's a once-in-a-generation opportunity in one of Burnaby's most exclusive, established enclaves. Don't wait.

Open houses

27 Sep, 2026 (12:00 PM to 02:00 PM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Unfinished
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	1
Heating Type	Electric
# of Kitchens	1
Flooring	Laminate, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Private Yard
View Description	CITY & MOUNTAIN
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$2,699,000
Total Bedrooms	4
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1446
Year Built	1957
Age Of Building	69
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, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Additional Parking, Garage Single, Front Access
Total Parking Spaces	4

Lot & Land

Lot Size	11090
Lot Size Depth	Feet
Lot Size Frontage	75
MLS^® #	R3148541
Area	Burnaby South
Neighbourhood	Upper Deer Lake
City	Burnaby
Postal Code	V5E 3E7
Gross Taxes	$7,555.37
Zoning	R1

Property Timeline

Status	Date	Price
R3148541 / Active	07-21-2026	$2,699,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18'8 x 18'8 ft
Main Level	Dining Room	19'0 x 19'0 ft
Main Level	Kitchen	22'5 x 22'5 ft
Main Level	Laundry	2'11 x 2'11 ft
Main Level	Bedroom	12'11 x 12'11 ft
Main Level	Primary Bedroom	11'4 x 11'4 ft
Main Level	Bedroom	9'3 x 9'3 ft
Main Level	Foyer	6'8 x 6'8 ft
Below	Bedroom	16'4 x 16'4 ft
Below	Storage	3'11 x 3'11 ft
Below	Other	32'5 x 32'5 ft
Below	Other	16'5 x 16'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Real Broker B.C. Ltd. & Real Broker B.C. Ltd.

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
Morley Elementary School: Average 0.53 km 4.4/10

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 1.22 km 8.7/10
Secondary
St. Thomas More Collegiate: Above Average 2.44 km 8.3/10

Closest Transit

Bus Stop
Westbound Burris St @ Malvern Ave: 0.08 km
Skytrain
Skytrain @ Edmonds Stn: 2.08 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 33.8%
No Certificate/Degree: Average 13.5%
Owner Occupied: Below Average 45.4%
Employment Rate: Above Average 67.2%

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 (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.08 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 UPPER DEER LAKE compares

This property

68 DOM

Slower than area

Upper Deer Lake avg

46 DOM

Average

Burnaby avg

46 DOM

Faster market

5987 Malvern Avenue 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 V5E 3E7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5E 3E7, 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 (~2.4 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 (5 nearby)

Hart house restaurant · 932 m · Restaurant
Safari snack house · 960 m · Restaurant
Deer lake wonton house · 971 m · Restaurant

Groceries (2 nearby)

Deer lake market · 229 m · Convenience
Cw liquor store · 976 m · Beverages

Shopping (1 nearby)

Deer lake · 232 m · Post Office

Transit (1 nearby)

Bus stop southbound sperling ave @ canada way · 999 m · Transit

Schools NearBy

21 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Morley Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	4.4 / 10	Distance 531 m
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 558 m
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 769 m
Lakeview Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.17 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 1.22 KM
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.37 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 1.78 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.19 KM
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 2.29 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	0	Distance 2.31 KM
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.34 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.44 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.50 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.51 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.59 KM
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 2.72 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.79 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.90 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.92 KM
Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.95 KM
Glenwood Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.99 KM

Pre-computed routes from 5987 Malvern Ave, Burnaby, BC

5987 Malvern Ave, Burnaby, BC Edmonds 2.1 km

51 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Edmonds → Waterfront
51 min
Metrotown, Burnaby via Edmonds → Metrotown
33 min
SFU Burnaby via Edmonds → Production Way
43 min
Richmond Centre via Edmonds → Brighouse
76 min
YVR Airport via Edmonds → YVR-Airport
77 min

By car (off-peak)

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

Calculate your commute

5987 Malvern Ave, Burnaby, BC is ideally located for commuters. The property is 2.1 km from Edmonds, with a 51 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Burris St @ Malvern Ave (0.08 km).

Walkability & Transit Near 5987 Malvern Avenue

Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 5987 Malvern Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $630

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($539,800), the estimated monthly payment for this listing is $10,938/month — $10,308 principal & interest, $630 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: Sep 12, 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 $6,215/month, this property runs a $4,947/month shortfall after mortgage and carrying costs. Break-even requires approximately 59% down.

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

Estateblock Rent Estimate for 5987 Malvern 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.