Home Burnaby, BC Government Road 7940 Burnlake Drive

7940 Burnlake Dr, Burnaby BC - Single Family Residence for Sale - MLS# R3160740

1 day on the market

$1,998,000

Est. Mortgage $8,839/mo

Listing updated: Sep 2, 2026 at 10:11pm

EstateBlock checked: Sep 2, 2026 at 10:45pm

5 Beds

3 Baths

3061 sqft

653 $ /sqft

1966 built

NEW OPEN HOUSE

1 day on the market

$1,998,000

Est. $8,839/mo with 20% down

Listing updated: Sep 2, 2026 at 10:11pm

EstateBlock checked: Sep 2, 2026 at 10:45pm

Photos

Exterior Front Photo of 7940 Burnlake Drive, Burnaby, BC

Exterior Rear Photo of 7940 Burnlake Drive, Burnaby, BC

Living Room Photo of 7940 Burnlake Drive, Burnaby, BC

Family Room Photo of 7940 Burnlake Drive, Burnaby, BC

Dining Area Photo of 7940 Burnlake Drive, Burnaby, BC

Kitchen Photo of 7940 Burnlake Drive, Burnaby, BC

Kitchen Island Photo of 7940 Burnlake Drive, Burnaby, BC

Pantry Photo of 7940 Burnlake Drive, Burnaby, BC

Breakfast Nook Photo of 7940 Burnlake Drive, Burnaby, BC

Primary Bedroom Photo of 7940 Burnlake Drive, Burnaby, BC

A RARE GEM in prestigious Government Rd!Stunning newly renovated 5-bedroom home on an exceptional 10,360 SQ FT HUGE south-facing CORNER LOT with roads on two sides,ample parking&valuable BACK LANE access—an incredibly rare find!Bright living room with fireplace&large bay window,dining area opening to a sunny south-facing deck&spacious kitchen with s/s appliances.The lower level features a family room with wet bar,a fully finished karaoke room with premium sound system,2 bedrooms,laundry,flex room&storage.Enjoy your private backyard oasis with a stunning pool&hot tub!Walk to Lake City SkyTrain,Burnaby Lake trails&Seaforth Elem with French Immersion! Open house Sep 5 & 6 &12 &13 (Sat&Sun) 2-4pm. Seller(s) won't review offers until 5pm on Sep 14.

Open houses

05 Sep, 2026 (01:00 PM to 03:00 PM)

06 Sep, 2026 (01:00 PM to 03:00 PM)

12 Sep, 2026 (01:00 PM to 03:00 PM)

13 Sep, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Finished
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	0
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$1,998,000
Total Bedrooms	5
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	3061
Year Built	1966
Age Of Building	60
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, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Garage Door Opener
Total Parking Spaces	2
Rental Suites	None

Lot & Land

Lot Size	10360
Lot Size Depth	Feet
Lot Size Frontage	74
MLS^® #	R3160740
Area	Burnaby North
Neighbourhood	Government Road
City	Burnaby
Postal Code	V5A 2G4
Gross Taxes	$7,295.45
Zoning	R1

Property Timeline

Status	Date	Price
R3160740 / Active	09-02-2026	$1,998,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	26'1 x 26'1 ft
Main Level	Family Room	10'11 x 10'11 ft
Main Level	Dining Room	22'11 x 22'11 ft
Main Level	Eating Area	11'6 x 11'6 ft
Main Level	Patio	21'7 x 21'7 ft
Main Level	Bedroom	13'8 x 13'8 ft
Main Level	Bedroom	10'6 x 10'6 ft
Main Level	Bedroom	12'9 x 12'9 ft
Below	Family Room	23'4 x 23'4 ft
Below	Bedroom	15'3 x 15'3 ft
Below	Bedroom	14'10 x 14'10 ft
Below	Media Room	11'5 x 11'5 ft
Below	Flex Room	11'2 x 11'2 ft
Below	Laundry	6'8 x 6'8 ft
Below	Pantry	7' x 7' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#5
Main Level	No	#2
Below	No	#3

Listed by: Nu Stream Realty Inc.

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 1.73 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,Secondary
John Knox Christian - Elementary Campus: Above Average 2.76 km 9.3/10
Elementary,Secondary
John Knox Christian - Elementary Campus: Above Average 2.76 km 9.3/10

Closest Transit

Bus Stop
Eastbound Government Rd @ Piper Ave: 0.15 km
Skytrain
Skytrain @ Lake City Way Stn: 0.67 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

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 — 0.67 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

1 DOM

Very fast

Government Road avg

37 DOM

Average

Burnaby avg

37 DOM

Slower market

7940 Burnlake Drive 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 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 could take longer than the area average to sell.

Climate Risk for V5A 2G4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 2G4, 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 B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~3.8 km). Annual avg AQHI 0 — 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

Transit (2 nearby)

Skytrain @ lake city way stn station · 670 m · Transit
Bus stop westbound enterprise st @ underhill ave · 852 m · Transit

Groceries (1 nearby)

Pbf pita bread factory factory outlet · 273 m · Bakery

Restaurants (1 nearby)

El comal mexican food · 502 m · Restaurant

Cafes (1 nearby)

Chef's catering and cafe · 615 m · Cafe

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 304 m
Burnaby Mountain Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.1 / 10	Distance 1.74 KM
Forest Grove Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.05 KM
Montecito Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.13 KM
Lakeview Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.34 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.40 KM
Stoney Creek Community Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.44 KM
Cameron Elementary	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 2.49 KM
Armstrong Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.50 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.57 KM
Sperling Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.71 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 2.76 KM
Lyndhurst Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 2.98 KM

Pre-computed routes from 7940 Burnlake Dr, Burnaby, BC

7940 Burnlake Dr, Burnaby, BC Lake City Way 0.7 km

38 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Lake City Way → Waterfront
38 min
Metrotown, Burnaby via Lake City Way → Metrotown
29 min
SFU Burnaby via Lake City Way → Production Way
13 min
Richmond Centre via Lake City Way → Brighouse
63 min
YVR Airport via Lake City Way → YVR-Airport
64 min

By car (off-peak)

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

Calculate your commute

7940 Burnlake Dr, Burnaby, BC is ideally located for commuters. The property is 0.7 km from Lake City Way, with a 38 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Government Rd @ Piper Ave (0.15 km). Walk Score Transit rating: Excellent Transit (70/100).

Walkability & Transit Near 7940 Burnlake Drive

Car-Dependent 54

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 7940 Burnlake Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $608

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $8,239/month in total housing costs on this $1,998,000 property — $7,631 mortgage payment, $608 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 2, 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 $4,984/month estimated rent and $8,447/month in total housing costs, this property has a -$3,463/month cashflow. Break-even down payment: approximately 57%.

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

Estateblock Rent Estimate for 7940 Burnlake Drive, 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.