Home Burnaby, BC Metrotown 7438 Nelson Avenue

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Located in the desirable Metrotown area of Burnaby.This well-kept home is conveniently within walking distance to SkyTrain, Metrotown Shopping Center, Bonser Recreation Center, Nelson Elementary School and more! MOVE IN condition! This 5 bed home comes w/a separate 2-bedroom unit on main. Ideal for multi-generation or mortgage helper! Enjoy a private, fenced yard. A fantastic opportunity to live, invest, or hold in one of Burnaby’s most sought-after neighbourhoods. Do not miss out !

Building 17 fields Inside & out 12 fields Lot & land 10 fields

Building Details

Price	$1,599,800
Total Bedrooms	5
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	2003
Year Built	1991
Age Of Building	35
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Additional Parking, Garage Single, Side Access
Total Parking Spaces	4

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	2
Heating Type	Baseboard
Cooling	Air Conditioning
# of Kitchens	2
Flooring	Hardwood, Mixed
Foundation	Slab

Exterior Features

Exterior Features	Balcony
Roof	Asphalt
Structures	Residential Detached

Lot & Land

Lot Size	4200
Lot Size Depth	Feet
Lot Size Frontage	62
MLS^® #	R3181751
Area	Burnaby South
Neighbourhood	Metrotown
City	Burnaby
Postal Code	V5J 4C7
Gross Taxes	$6,238.97
Zoning	RS1

Property Timeline

Status	Date	Price
R3181751 / Active	11-05-2026	$1,599,800

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17' x 17' ft
Main Level	Kitchen	12' x 12' ft
Main Level	Dining Room	11' x 11' ft
Main Level	Primary Bedroom	13' x 13' ft
Main Level	Bedroom	10' x 10' ft
Main Level	Bedroom	13' x 13' ft
Below	Foyer	7'2 x 7'2 ft
Below	Living Room	16' x 16' ft
Below	Kitchen	8'8 x 8'8 ft
Below	Primary Bedroom	12' x 12' ft
Below	Bedroom	11' x 11' ft

Bathrooms

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

Listed by: Multiple Realty 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, sell speed & climate

SkyTrain 0.56 km · crime below average · sell-speed score 42/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (34 nearby)

Mj's barber shop · 404 m · Hairdresser
Royal oak dry cleaning · 407 m · Laundry
South slope pharmacy · 427 m · Pharmacy

Restaurants (17 nearby)

Sasaya bistro · 401 m · Restaurant
Subway · 416 m · Fast Food
Stem japanese eatery · 434 m · Restaurant

Cafes (14 nearby)

Single v coffee · 422 m · Cafe
Adam's crepes · 451 m · Cafe
It's tea · 473 m · Cafe

Groceries (7 nearby)

Buy-low foods · 388 m · Supermarket
West coast liquor company · 424 m · Beverages
Smart n save grocery & cafe · 443 m · Supermarket

Healthcare (4 nearby)

South slope pharmacy · 427 m · Healthcare
Imperial neighbourhood pharmacy · 720 m · Healthcare
Imperial remedy's rx pharmacy · 738 m · Healthcare

Transit (2 nearby)

Skytrain @ royal oak stn station · 563 m · Transit
Bus stop westbound marine dr @ 4900 block · 996 m · Transit

Public Schools

Elementary
Nelson Elementary School: Above Average 0.14 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 2.02 km 8.7/10
Secondary
St. Thomas More Collegiate: Above Average 4.05 km 8.3/10

Closest Transit

Bus Stop
Westbound Rumble St @ Nelson Ave: 0.16 km
Skytrain
Skytrain @ Royal Oak Stn: 0.56 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

42 / 100

Overall sell-speed score

May take longer

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.56 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

1 DOM

Very fast

Metrotown avg

46 DOM

Average

Burnaby avg

46 DOM

Slower market

7438 Nelson Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. 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 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 V5J 4C7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 4C7, 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 (~0.6 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.

Schools NearBy

18 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Nelson Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.1 / 10	Distance 142 m
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 651 m
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 653 m
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 729 m
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 768 m
Clinton Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.18 KM
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.51 KM
Glenwood Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 1.55 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.79 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 2.02 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.14 KM
Chaffey-Burke Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.15 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.50 KM
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.65 KM
Champlain Heights Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.70 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.83 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.85 KM
Dr. H. N. MacCorkindale Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.96 KM

Pre-computed routes from 7438 Nelson Ave, Burnaby, BC

7438 Nelson Ave, Burnaby, BC Royal Oak 0.6 km

30 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Royal Oak → Waterfront
30 min
Metrotown, Burnaby via Royal Oak → Metrotown
12 min
SFU Burnaby via Royal Oak → Production Way
28 min
Richmond Centre via Royal Oak → Brighouse
55 min
YVR Airport via Royal Oak → YVR-Airport
56 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
8 min
Richmond Centre via No. 3 Rd
14 min
YVR Airport via Bridgeport / Sea Island
16 min

Calculate your commute

7438 Nelson Ave, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Royal Oak, with a 30 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Rumble St @ Nelson Ave (0.16 km). Walk Score Transit rating: Excellent Transit (81/100).

Walkability & Transit Near 7438 Nelson Avenue

Very Walkable 82

Walk Score - Very Walkable

Most errands can be accomplished on foot

Excellent Transit 81

Transit Score - Excellent Transit

Transit is convenient for most trips

Bikeable 67

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $6,967/month · rent estimate $4,201/month · owning catches up with renting by year 21 · cash flow if rented −$3,142/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 7438 Nelson Avenue

$6,967 /month

Principal & Interest $6,447

Property Taxes $520

Maintenance fee $0

The estimated monthly cost of 7438 Nelson Avenue, Burnaby is $6,967: $6,447 principal and interest with 20% down over 30 years at 4.45%, plus $520 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

−$3,142 /month

Mortgage Payment $6,447

Monthly Cash Flow −$3,142

Break Even Down Payment 59%

Cap Rate -2.4%

Cash on Cash -11.8%

If 7438 Nelson Avenue, Burnaby were rented at $4,201 a month with 5% vacancy, it would fall $3,142 a month short of the mortgage and carrying costs; about 59% down would break even.

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

Estateblock Rent Estimate for 7438 Nelson Avenue, Burnaby

$4,201 / month

Rent $4,201

Own $6,967

Principal: $2,073/mo Interest, tax, insurance, fees: $4,894/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,736/mo (year 1) → ~$4,037/mo (year 20) → ~$6,021/mo (year 29).

Net cost to own at year 5 ~$4,894/mo About $693/mo more than renting

EstateBlock estimates 7438 Nelson Avenue, Burnaby would rent for about $4,201 a month.

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.

Rent vs own: 7438 Nelson Avenue

Rent vs own

Owning catches up by year 21

With 20% down ($319,960) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $114,051

Principal paid off by year 10 $256,464

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 7438 Nelson Avenue, Burnaby is cheaper at first, but owning catches up by year 21, with $114,051 of principal paid off by year 5 and $256,464 by year 10.