Home Burnaby, BC Government Road 7440 Kraft Crescent

7440 Kraft Cres, Burnaby BC - Single Family Residence for Sale - MLS# R3138867

59 days on the market

$2,490,000

Est. Mortgage $11,016/mo

Listing updated: Aug 17, 2026 at 11:30am

EstateBlock checked: Aug 20, 2026 at 07:10am

7 Beds

7 Baths

4752 sqft

524 $ /sqft

2011 built

16.9% cheaper than comps

59 days on the market

$2,490,000

Est. $11,016/mo with 20% down

Listing updated: Aug 17, 2026 at 11:30am

EstateBlock checked: Aug 20, 2026 at 07:10am

Photos

Exterior Front Photo of 7440 Kraft Crescent, Burnaby, BC

Exterior Rear Photo of 7440 Kraft Crescent, Burnaby, BC

Living Room Photo of 7440 Kraft Crescent, Burnaby, BC

Family Room Photo of 7440 Kraft Crescent, Burnaby, BC

Dining Area Photo of 7440 Kraft Crescent, Burnaby, BC

Kitchen Photo of 7440 Kraft Crescent, Burnaby, BC

Kitchen Island Photo of 7440 Kraft Crescent, Burnaby, BC

Pantry Photo of 7440 Kraft Crescent, Burnaby, BC

Breakfast Nook Photo of 7440 Kraft Crescent, Burnaby, BC

Primary Bedroom Photo of 7440 Kraft Crescent, Burnaby, BC

Welcome to your dream home, perfectly situated in Burnaby’s coveted Government Road neighborhood. Located just blocks from the renowned Ecole Seaforth Elementary and only minutes from Costco, Brentwood, and Lougheed Mall, this property offers unbeatable convenience. Despite its central location, it resides in a tranquil, family-focused community. Experience the pride of ownership in this prestigious area with a custom-built show home that exemplifies superior quality. Open house Saturday Aug 15 2-4 pm

Interior Features

Basement Finished Area (sqft)	1584
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	2
Heating Type	Radiant
# of Kitchens	3
Flooring	Hardwood, Mixed, Tile
Foundation	Concrete Perimeter

Exterior Features

Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$2,490,000
Total Bedrooms	7
Total Bathrooms	7
Full Bathrooms	6
Half Bathrooms	1
Floor Area Total (sqft)	4752
Year Built	2011
Age Of Building	15
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, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Front Access
Total Parking Spaces	4
Rental Suites	Unauthorized Suite

Lot & Land

Lot Size	7920
Lot Size Depth	Feet
Lot Size Frontage	72
MLS^® #	R3138867
Area	Burnaby North
Neighbourhood	Government Road
City	Burnaby
Postal Code	V5A 1Z5
Gross Taxes	$9,451.16
Zoning	R1

Property Timeline

Status	Date	Price
R3138867 / Active	06-22-2026	$2,490,000

Rooms

Floor	Type	Dimensions
Main Level	Family Room	15' x 15' ft
Main Level	Nook	10' x 10' ft
Main Level	Kitchen	15' x 15' ft
Main Level	Wok Kitchen	5' x 5' ft
Main Level	Living Room	12' x 12' ft
Main Level	Foyer	8'6 x 8'6 ft
Main Level	Dining Room	12' x 12' ft
Main Level	Laundry	10' x 10' ft
Main Level	Den	10' x 10' ft
Main Level	Bedroom	13'4 x 13'4 ft
Above Level	Primary Bedroom	14'6 x 14'6 ft
Above Level	Walk-In Closet	9' x 9' ft
Above Level	Bedroom	10' x 10' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	11' x 11' ft
Basement Level	Gym	13' x 13' ft
Basement Level	Bedroom	17'4 x 17'4 ft
Basement Level	Kitchen	10' x 10' ft
Basement Level	Media Room	10'1 x 10'1 ft
Basement Level	Living Room	10' x 10' ft
Basement Level	Bedroom	14'4 x 14'4 ft

Bathrooms

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

Listed by: Sutton Group - 1st West 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 Mountain Secondary School: Above Average 2.55 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: 2.2 km
Elementary,Secondary
John Knox Christian - Elementary Campus: Above Average 3.62 km 9.3/10

Closest Transit

Bus Stop
Westbound Government Rd @ 7500 Block: 0.38 km
Skytrain
Skytrain @ Lake City Way Stn: 0.58 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 39.6%
No Certificate/Degree: Below Average 9.9%
Owner Occupied: Below Average 46.4%
Employment Rate: Average 63.5%

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

58 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $2,910,810

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.58 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How GOVERNMENT ROAD compares

This property

59 DOM

Slower than area

Government Road avg

37 DOM

Average

Burnaby avg

37 DOM

Faster market

7440 Kraft Crescent has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 16.9% below comparable active properties in Government Road, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.7% and an area average of 37 days on market — buyers have more leverage. With only 247 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 1Z5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 1Z5, 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 (BC ENV 2024). Nearest station: Burnaby Kensington Park, Burnaby (~3.3 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

Restaurants (5 nearby)

Gaya sushi · 795 m · Restaurant
Wild flour pizza · 798 m · Fast Food
Subway · 809 m · Fast Food

Groceries (3 nearby)

Bainbridge mart · 840 m · Convenience
Bainbridge liquor store · 876 m · Beverages
7-eleven · 922 m · Convenience

Shopping (2 nearby)

Canada post · 835 m · Post Office
Rbc · 849 m · Bank

Cafes (2 nearby)

Chef's catering and cafe · 896 m · Cafe
Tim hortons · 928 m · Cafe

Transit (2 nearby)

Skytrain @ lake city way stn station · 580 m · Transit
Bus stop westbound enterprise st @ 7900 block · 973 m · Transit

Schools NearBy

13 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Ecole Seaforth Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 787 m
Montecito Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.22 KM
Sperling Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 1.67 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	0	Distance 2.20 KM
Lochdale Community Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.30 KM
Forest Grove Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.37 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.44 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.47 KM
Burnaby Mountain Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.1 / 10	Distance 2.55 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.65 KM
Lakeview Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.69 KM
Parkcrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.72 KM
Westridge Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.98 KM

Pre-computed routes from 7440 Kraft Cres, Burnaby, BC

7440 Kraft Cres, Burnaby, BC Lake City Way 0.6 km

37 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Lake City Way → Waterfront
37 min
Metrotown, Burnaby via Lake City Way → Metrotown
28 min
SFU Burnaby via Lake City Way → Production Way
12 min
Richmond Centre via Lake City Way → Brighouse
62 min
YVR Airport via Lake City Way → YVR-Airport
63 min

By car (off-peak)

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

Calculate your commute

7440 Kraft Cres, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Lake City Way, with a 37 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Government Rd @ 7500 Block (0.38 km). Walk Score Transit rating: Good Transit (63/100).

Walkability & Transit Near 7440 Kraft Crescent

Car-Dependent 47

Walk Score - Car-Dependent

Most errands require a car

Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 63

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 7440 Kraft Crescent

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $788

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $10,298/month in total housing costs on this $2,490,000 property — $9,510 mortgage payment, $788 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 17, 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

Based on $7,113/month estimated rent and $10,522/month in total housing costs, this property has a -$3,409/month cashflow. Break-even down payment: approximately 49%.

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

Estateblock Rent Estimate for 7440 Kraft Crescent, 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.