Home Burnaby, BC Metrotown 7055 Gray Avenue

7055 Gray Ave, Burnaby BC - Single Family Residence for Sale - MLS# R3117796

126 days on the market

$2,350,000

Est. Mortgage $10,396/mo

Listing updated: Aug 31, 2026 at 09:35am

EstateBlock checked: Sep 2, 2026 at 07:25pm

4 Beds

5 Baths

3421 sqft

687 $ /sqft

1995 built

9.6% price reduction

126 days on the market

$2,350,000

$2,599,000

Est. $10,396/mo with 20% down

Listing updated: Aug 31, 2026 at 09:35am

EstateBlock checked: Sep 2, 2026 at 07:25pm

Photos

Exterior Front Photo of 7055 Gray Avenue, Burnaby, BC

Exterior Rear Photo of 7055 Gray Avenue, Burnaby, BC

Living Room Photo of 7055 Gray Avenue, Burnaby, BC

Family Room Photo of 7055 Gray Avenue, Burnaby, BC

Dining Area Photo of 7055 Gray Avenue, Burnaby, BC

Kitchen Photo of 7055 Gray Avenue, Burnaby, BC

Kitchen Island Photo of 7055 Gray Avenue, Burnaby, BC

Pantry Photo of 7055 Gray Avenue, Burnaby, BC

Breakfast Nook Photo of 7055 Gray Avenue, Burnaby, BC

Primary Bedroom Photo of 7055 Gray Avenue, Burnaby, BC

METROTOWN. RARELY AVAILABLE. Huge 50 x 198 (9879 sq ft) level lot with back lane access in one of Burnaby’s most desirable area and convenience. Custom built 3-level, 3,421 sq ft family home offering 4 bedrooms, a covered sundeck overlooking a gorgeous inground pool, and a huge kiwi fruit tree to enjoy in the fall. Whether you’re looking to live, hold, or explore future building potential, this property checks all the boxes with excellent lot dimensions, lane access, and a prime location. Opportunities like this are becoming increasingly scarce. Walk to Metrotown Shopping, Crystal Mall, Bonsor Rec Centre, transit and SkyTrain. Close to Riverway Golf Course & Driving Range and Central Park. School catchments: South Slope Elementary and Burnaby South Sec.

Interior Features

Basement Finished Area (sqft)	1090
Basement Features	Finished, Exterior Entry
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Microwave, Oven, Range Top
Fireplace	2
Heating Type	Hot Water, Natural Gas, Radiant
# of Kitchens	1
Flooring	Mixed, Tile
Foundation	Concrete Perimeter

Exterior Features

Roof	Wood
Structures	Residential Detached

Building Details

Price	$2,350,000
Total Bedrooms	4
Total Bathrooms	5
Full Bathrooms	4
Half Bathrooms	1
Floor Area Total (sqft)	3421
Year Built	1995
Age Of Building	31
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Open, Front Access, Lane Access
Total Parking Spaces	4

Lot & Land

Lot Size	9879
Lot Size Depth	Feet
Lot Size Frontage	50
MLS^® #	R3117796
Area	Burnaby South
Neighbourhood	Metrotown
City	Burnaby
Postal Code	V5J 3Y9
Gross Taxes	$10,044.82
Zoning	R1-SSMUH

Property Timeline

Status	Date	Price
R3117796 / Active	04-30-2026	$2,350,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'10 x 13'10 ft
Main Level	Dining Room	9'11 x 9'11 ft
Main Level	Kitchen	13'8 x 13'8 ft
Main Level	Eating Area	9'4 x 9'4 ft
Main Level	Family Room	12'2 x 12'2 ft
Main Level	Pantry	5'5 x 5'5 ft
Main Level	Den	10'7 x 10'7 ft
Main Level	Laundry	8' x 8' ft
Main Level	Foyer	8'8 x 8'8 ft
Above Level	Primary Bedroom	15'5 x 15'5 ft
Above Level	Walk-In Closet	6'4 x 6'4 ft
Above Level	Bedroom	11'6 x 11'6 ft
Above Level	Bedroom	10'2 x 10'2 ft
Basement Level	Recreation Room	19'11 x 19'11 ft
Basement Level	Bedroom	14'6 x 14'6 ft

Bathrooms

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

Listed by: RE/MAX Crest Realty & RE/MAX Crest 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
South Slope Elementary School: Average 0.49 km 6.9/10

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 2.43 km 8.7/10
Secondary
Whytecliff Agile Learning Centre-Burnaby: Above Average 4.14 km 10/10

Closest Transit

Bus Stop
Westbound Imperial St @ Waverley Ave: 0.29 km
Skytrain
Skytrain @ Metrotown Stn: 0.73 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 34.6%
No Certificate/Degree: Average 14.4%
Owner Occupied: Below Average 42.7%
Employment Rate: Above Average 69.7%

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 — 0.73 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 METROTOWN compares

This property

126 DOM

Slower than area

Metrotown avg

46 DOM

Average

Burnaby avg

46 DOM

Faster market

7055 Gray Avenue 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 3Y9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 3Y9, 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 (~1.1 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

Shopping (174 nearby)

Star florist ltd · 252 m · Florist
Imperial neighbourhood pharmacy · 255 m · Pharmacy
King koin launderette · 353 m · Laundry

Restaurants (85 nearby)

Bella pizza · 253 m · Fast Food
Domino's · 321 m · Fast Food
Alvin garden · 446 m · Restaurant

Cafes (33 nearby)

La foret · 371 m · Cafe
101 boba · 598 m · Cafe
Tim hortons · 666 m · Cafe

Groceries (18 nearby)

On the run · 252 m · Convenience
Sendex latino store · 432 m · Convenience
Trafalgar market · 465 m · Convenience

Healthcare (11 nearby)

Imperial neighbourhood pharmacy · 255 m · Healthcare
Innwell pharmacy · 477 m · Healthcare
Walmart pharmacy · 614 m · Healthcare

Transit (3 nearby)

Skytrain @ metrotown stn station · 730 m · Transit
Skytrain @ royal oak stn station · 828 m · Transit
Bus stop northbound nelson ave @ portland st · 914 m · Transit

Schools NearBy

19 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 335 m
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 457 m
South Slope Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.9 / 10	Distance 493 m
Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 600 m
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 1.15 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.43 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.65 KM
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.74 KM
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.85 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.01 KM
Glenwood Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.13 KM
Champlain Heights Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.32 KM
Dr. H. N. MacCorkindale Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.40 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 2.43 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.44 KM
École Inman Elementary	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.45 KM
Captain James Cook Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.61 KM
Moscrop Secondary School	Public	Grades Served 8-12	Catchment Info —	7.4 / 10	Distance 2.65 KM
Gilpin Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.89 KM

Pre-computed routes from 7055 Gray Ave, Burnaby, BC

7055 Gray Ave, Burnaby, BC Metrotown 0.7 km

30 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Metrotown → Waterfront
30 min
Metrotown, Burnaby
12 min
SFU Burnaby via Metrotown → Production Way
32 min
Richmond Centre via Metrotown → Brighouse
55 min
YVR Airport via Metrotown → YVR-Airport
56 min

By car (off-peak)

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

Calculate your commute

7055 Gray Ave, Burnaby, BC is ideally located for commuters. The property is 0.7 km from Metrotown, with a 30 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Imperial St @ Waverley Ave (0.29 km). Walk Score Transit rating: Excellent Transit (83/100).

Walkability & Transit Near 7055 Gray Avenue

Car-Dependent 80

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 83

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 78

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 7055 Gray Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $837

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($470,000), the estimated monthly payment for this listing is $9,812/month — $8,975 principal & interest, $837 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: Aug 31, 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 $5,636/month, this property runs a $4,387/month shortfall after mortgage and carrying costs. Break-even requires approximately 60% down.

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

Estateblock Rent Estimate for 7055 Gray Avenue, 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.