Home Burnaby, BC Burnaby Lake 8126 Lakefield Drive

8126 Lakefield Dr, Burnaby BC - Single Family Residence for Sale - MLS# R2894094

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Listing updated: Jun 24, 2024 at 02:35pm

EstateBlock checked: Sep 10, 2026 at 04:30am

Burnaby Lake

6 Beds

5 Baths

4597 sqft

479 $ /sqft

1989 built

Closed

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This property sold for

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Listing updated: Jun 24, 2024 at 02:35pm

EstateBlock checked: Sep 10, 2026 at 04:30am

Photo

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Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Burnaby Central Secondary School: 2.57 km
Elementary
Lakeview Elementary School: Average 0.71 km 6.2/10

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

Private Schools

Elementary
John Knox Christian School: Above Average 1.9 km 9.2/10
Secondary
St.Thomas More Collegiate: 2.33 km

Closest Transit

Bus Stop
Westbound Canada Way @ Morley St: 0.77 km
Skytrain
Skytrain @ Lake City Way Stn: 2.11 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 27.9%
No Certificate/Degree: Average 14.4%
Owner Occupied: Below Average 39.4%
Employment Rate: Above Average 68.2%

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

Price competition grade

Avg comparable: $2,200,000

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.11 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 BURNABY LAKE compares

This property

29 DOM

Very fast

Burnaby Lake avg

46 DOM

Average

Burnaby avg

46 DOM

Slower market

8126 Lakefield 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 priced in line with comparable active properties in Burnaby Lake. 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 only 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 V5E 4G6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5E 4G6, 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 (~3.6 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 (1 nearby)

Bus stop northbound canada way @ burris st · 957 m · Transit

Schools NearBy

21 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Lakeview Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.4 / 10	Distance 711 m
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.01 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 1.58 KM
Ecole Seaforth Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 1.81 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 1.88 KM
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.15 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.16 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.18 KM
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.22 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.35 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.40 KM
Armstrong Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.42 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 2.43 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.45 KM
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 2.52 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.61 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	0	Distance 2.85 KM
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 2.87 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 2.91 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.93 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 2.95 KM

Pre-computed routes from 8126 Lakefield Dr, Burnaby, BC

8126 Lakefield Dr, Burnaby, BC Lake City Way 2.1 km

55 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Lake City Way → Waterfront
55 min
Metrotown, Burnaby via Lake City Way → Metrotown
46 min
SFU Burnaby via Lake City Way → Production Way
30 min
Richmond Centre via Lake City Way → Brighouse
80 min
YVR Airport via Lake City Way → YVR-Airport
81 min

By car (off-peak)

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

Calculate your commute

8126 Lakefield Dr, Burnaby, BC is ideally located for commuters. The property is 2.1 km from Lake City Way, with a 55 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Canada Way @ Morley St (0.77 km).

Mortgage Calculator for 8126 Lakefield Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $512

Maintenance fee 0

A 20% down payment of $440,000 on this $2,200,000 listing yields an estimated mortgage of $8,403/month (30-year fixed, 4%). Total estimated housing cost: $8,915/month, $512 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: Jun 24, 2024

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

With $6,417/month in estimated rental income against $9,113/month in mortgage payments, the monthly cashflow is -$2,696/month. A 46% 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 8126 Lakefield 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.