7976 Government Rd, Burnaby BC - Single Family Residence for Sale - MLS# R3125654

110 days on the market
$5,498,800
Est. Mortgage $24,327/mo
Listing updated:
EstateBlock checked:
Government Road Area
5 Beds
5 Baths
5598 sqft
982 $ /sqft
1992 built
5.2% price reduction
110 days on the market
$5,498,800
$5,798,800
Est. $24,327/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 7976 Government Road

5.2% price reduction

Located on Government Rd's Golden Mile, this rare .56-acre estate offers 136' frontage, gated privacy & resort-style living. Custom 5,600sf residence showcases grand, sunlit interiors, refined millwork & seamless indoor-outdoor flow to a south-backing garden w/ a 40'x20' pool, expansive terrace & dedicated outdoor bath/change rm. An elegant updated chef’s kit w/centre island anchors the main level, joined by a stately office, formal living & dining rms & family rm w/vaulted ceiling. The main-flr primary bedrm sanctuary features a spa-like ensuite, sitting area, gas f/p & french doors to a secluded hot tub. Upstairs 4 generous bedrms & games rm deliver an ideal haven for the kids. Beautifully landscaped, a 3-car garage & ample RV/boat parking complete this exceptional offering. SEE VIDEO !

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Oven, Range Top, Wine Cooler
Interior Features Storage
Fireplace 2
Heating Type Natural Gas, Radiant
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Wall/Wall/Mixed, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Private Yard
View Description Southern sky views
Roof Tile
Structures Residential Detached

Building Details

Price $5,498,800
Total Bedrooms 5
Total Bathrooms 5
Full Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 5598
Year Built 1992
Age Of Building 34
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name Government Road Area
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Triple, RV Access/Parking, Front Access, Concrete
Total Parking Spaces 10
Rental Suites None

Lot & Land

Lot Size 24394
Lot Size Depth Feet
Lot Size Frontage 136
MLS® # R3125654
Area Burnaby North
Neighbourhood Government Road
City Burnaby
Postal Code V5A 2E2
Gross Taxes $17,963.28
Zoning R1

Property Timeline

Status Date Price
R3125654 / Active 05-19-2026 $5,498,800
Rooms
Floor Type Dimensions
Main Level Living Room 14'5 x 14'5 ft
Main Level Dining Room 13'1 x 13'1 ft
Main Level Kitchen 10'1 x 10'1 ft
Main Level Eating Area 9'11 x 9'11 ft
Main Level Family Room 19'1 x 19'1 ft
Main Level Primary Bedroom 17'3 x 17'3 ft
Main Level Walk-In Closet 17' x 17' ft
Main Level Nook 13'3 x 13'3 ft
Main Level Office 12'2 x 12'2 ft
Main Level Laundry 9'6 x 9'6 ft
Main Level Foyer 11'2 x 11'2 ft
Above Level Bedroom 12'7 x 12'7 ft
Above Level Bedroom 12'8 x 12'8 ft
Above Level Bedroom 12'9 x 12'9 ft
Above Level Bedroom 10'7 x 10'7 ft
Above Level Games Room 17'7 x 17'7 ft
Above Level Flex Room 6'10 x 6'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #2
Above Level No #5
Above Level Yes #3
Main Level No #3

Listed by: Macdonald Realty & Macdonald 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 1.62 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 2.83 km 9.3/10
Elementary,Secondary
John Knox Christian - Elementary Campus
Above Average 2.83 km 9.3/10

Closest Transit

Bus Stop
Eastbound Government Rd @ 8000 Block
0.11 km
Skytrain
Skytrain @ Lake City Way Stn
0.64 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

48 / 100
Overall sell-speed score
Moderate pace expected
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 — 0.64 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
110 DOM
Slower than area
Government Road avg
37 DOM
Average
Burnaby avg
37 DOM
Faster market

7976 Government Road has a sell-speed score of 48/100, 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 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 2E2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 2E2, 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

Groceries (2 nearby)

  • Pbf pita bread factory factory outlet · 330 m · Bakery
  • Dageraad tasting room · 974 m · Beverages

Cafes (2 nearby)

  • Chef's catering and cafe · 748 m · Cafe
  • Cafe artigiano · 934 m · Cafe

Transit (2 nearby)

  • Skytrain @ lake city way stn station · 637 m · Transit
  • Bus stop eastbound government rd @ brighton ave · 955 m · Transit

Restaurants (1 nearby)

  • El comal mexican food · 630 m · Restaurant

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

298 m

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.1 / 10

Distance

1.62 KM

Forest Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.91 KM

Montecito Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.11 KM

Stoney Creek Community Elementary

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.32 KM

Cameron Elementary

Public

Grades Served

Catchment Info

6.5 / 10

Distance

2.39 KM

Lakeview Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.47 KM

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

2.51 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.54 KM

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.61 KM

Sperling Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.73 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

2.83 KM

Lyndhurst Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.86 KM

Pre-computed routes from 7976 Government Rd, Burnaby, BC

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

7976 Government Rd, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Lake City Way, with a 38 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Government Rd @ 8000 Block (0.11 km). Walk Score Transit rating: Excellent Transit (74/100).

Walkability & Transit Near 7976 Government Road

Walk Score Badge
Car-Dependent 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 74

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
51

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 7976 Government Road

/month
Principal & Interest
Property Taxes $1,497
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,099,760), the estimated monthly payment for this listing is $22,499/month — $21,002 principal & interest, $1,497 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $11,607/month, this property runs a $11,235/month shortfall after mortgage and carrying costs. Break-even requires approximately 63% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 7976 Government Road, 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.

Price vs Neighbourhood Average — Government Road, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $5,498,800
Burnaby Loading...
Government Road Loading...

No active comparable properties are currently available for this property type in Burnaby. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (5.2% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $32,643
0 of 21 missions

Sign up on Estateblock.com

$1,632 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 7976 Government Road

Walk Score Badge
Car-Dependent 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 74

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
51

Bike Score - Bikeable

Some bike infrastructure

Similar Single Family Residences for Sale in Government Road