Home Burnaby, BC Westridge BN 7258 Ridge Drive

7258 Ridge Dr, Burnaby BC – Land for Sale – MLS® R3142450

7258 Ridge Drive, Burnaby, British Columbia V5A 1B5

113 days on the market

$1,280,000

Est. Mortgage $5,663/mo

Listing updated: Oct 10, 2026 at 06:21pm

EstateBlock checked: Oct 20, 2026 at 05:30am

0 sqft

7.8% price reduction 51.7% cheaper than comps

Photos

Exterior photo of 7258 Ridge Dr, Burnaby, BC – MLS® R3142450

Exterior Rear Photo of 7258 Ridge Drive, Burnaby, BC

Development opportunity in an established Burnaby neighbourhood. This 7,847 sq.ft. vacant R1-zoned lot falls within Burnaby's Small-Scale Multi-Unit Housing (SSMUH) framework, with the potential for up to six residential units, subject to City of Burnaby regulations and buyer verification. With no existing structure, the property is ready for redevelopment. The lot configuration and site conditions require careful planning and may be best suited for experienced builders or developers. Land is sold as is, where is. Buyer to conduct their own due diligence regarding zoning, development potential, servicing, lot configuration, and all municipal requirements.

Exterior Features

Structures	Land Only

Building Details

Price	$1,280,000
Property Type	Land
Ownership Type	Freehold NonStrata
Utility Type	Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable At Lot Line
Water (WaterSource)	Public

Lot & Land

Lot Size	7847
Lot Size Depth	Feet
Lot Size Frontage	37.6
MLS^® #	R3142450
Area	Burnaby North
Neighbourhood	Westridge BN
City	Burnaby
Postal Code	V5A 1B5
Gross Taxes	$6,402.19
Zoning	R1

Property Timeline

Status	Date	Price
R3142450 / Active	06-29-2026	$1,280,000
to view full Property History (1 earlier record)

Listed by: Dracco Pacific 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

Secondary
Burnaby North Secondary School: Above Average 1.74 km 7.7/10
Elementary
Westridge Elementary School: Above Average 0.95 km 7.3/10

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

Private Schools

Elementary
St. Helen's: Above Average 1.93 km 8.7/10
Elementary,Secondary
Fawkes Academy: 3.72 km

Closest Transit

Bus Stop
Eastbound Hastings St @ Duthie Ave: 0.35 km
Skytrain
Skytrain @ Sperling Stn: 2.82 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 29.9%
No Certificate/Degree: Below Average 11.5%
Owner Occupied: Below Average 49.1%
Employment Rate: Average 63.9%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

62 / 100

Overall sell-speed score

Moderate pace expected

A+

Price competition grade

Avg comparable: $1,941,760

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.82 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How WESTRIDGE BN compares

This property

113 DOM

Slower than area

Westridge BN avg

85 DOM

Average

Burnaby avg

85 DOM

Faster market

7258 Ridge Drive has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 51.7% below comparable active properties in Westridge BN, which is a strong competitive signal. 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 only 236 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 V5A 1B5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 1B5, 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 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby Kensington Park, Burnaby (~1.5 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.

Nearby Restaurants, Cafes & Shops

Shopping (2 nearby)

Studio 22 hair lounge · 287 m · Hairdresser
Modo - hastings street & barnet road · 484 m · Car Sharing

Cafes (1 nearby)

Blossom teas · 288 m · Cafe

Parks & Recreation (1 nearby)

Burnaby velodrome · 950 m · Pitch

Transit (1 nearby)

Bus stop westbound barnet rd @ 7500 block · 958 m · Transit

Schools NearBy

11 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Westridge Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.3 / 10	Distance 947 m
Lochdale Community Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.39 KM
Burnaby Continuing Education	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.69 KM
Burnaby North Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.7 / 10	Distance 1.74 KM
St. Helen's	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 1.93 KM
Montecito Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.06 KM
Aubrey Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.19 KM
Capitol Hill Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.20 KM
Sperling Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.37 KM
Parkcrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.49 KM
Sherwood Park Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.82 KM

Pre-computed routes from 7258 Ridge Dr, Burnaby, BC

7258 Ridge Dr, Burnaby, BC Sperling 2.8 km

58 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Sperling → Waterfront
58 min
Metrotown, Burnaby via Sperling → Metrotown
58 min
SFU Burnaby via Sperling → Production Way
41 min
Richmond Centre via Sperling → Brighouse
83 min
YVR Airport via Sperling → YVR-Airport
84 min

By car (off-peak)

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

Calculate your commute

7258 Ridge Dr, Burnaby, BC is ideally located for commuters. The property is 2.8 km from Sperling, with a 58 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Hastings St @ Duthie Ave (0.35 km). Walk Score Transit rating: Good Transit (51/100).

Walkability & Transit Near 7258 Ridge Drive

Car-Dependent 53

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 51

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 46

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 7258 Ridge Drive

/month

Principal & Interest

Property Taxes $534

Maintenance fee 0

A 20% down payment of $256,000 on this $1,280,000 listing yields an estimated mortgage of $4,889/month (30-year fixed, 4%). Total estimated housing cost: $5,423/month, $534 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

With $3,684/month in estimated rental income against $5,586/month in mortgage payments, the monthly cashflow is -$1,902/month. A 52% down payment would reach break-even.

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

Estateblock Rent Estimate for 7258 Ridge Drive, 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.