8258 Burnlake Dr, Burnaby BC - Single Family Residence for Sale - MLS# R3079141

237 days on the market
$4,000,000
Est. Mortgage $17,696/mo
Listing updated:
EstateBlock checked:
4 Beds
3 Baths
2793 sqft
1432 $ /sqft
1974 built
32.1% price reduction
237 days on the market
$4,000,000
$5,888,000
Est. $17,696/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 8258 Burnlake Drive

32.1% price reduction

Prestigious Burnaby Government Road neighborhood! Extensively renovated 1970s home seamlessly blends mid-century charm with contemporary design, offering spacious open floor plan. Stunning Renovations upgrades with Open-concept kitchen, double garage, new insulation, stucco rain screen, wood-grained aluminum siding, major structural, electrical, gas & heating improvements, walk-in steam shower, tankless water heater, AC unit, Gourmet Kitchen w high grade appliance. This lot is prime candidate for future development. Located within Transit-Oriented Development Area TOA 800m Tier area & OCP Land Use Designation(Base) with Low-Rise Apartment 2 - height up to 8 storeys. Ideal holding property for future development - potential Land assembly or for extra spacious Small-Scale Multi-unit Housing.

Interior Features

Basement Finished Area (sqft) 0
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Freezer, Oven, Range Top
Fireplace 0
Heating Type Forced Air, Natural Gas
Cooling Air Conditioning
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $4,000,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2793
Year Built 1974
Age Of Building 52
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Double, RV Access/Parking, Front Access, Concrete, Garage Door Opener
Total Parking Spaces 6

Lot & Land

Lot Size 12341
Lot Size Depth Feet
Lot Size Frontage 56.72
MLS® # R3079141
Area Burnaby North
Neighbourhood Government Road
City Burnaby
Postal Code V5A 3K9
Gross Taxes $8,215.48
Zoning R1

Property Timeline

Status Date Price
R3079141 / Active 01-12-2026 $4,000,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Foyer 14'4 x 14'4 ft
Main Level Living Room 25'10 x 25'10 ft
Main Level Bedroom 10' x 10' ft
Main Level Laundry 17'4 x 17'4 ft
Above Level Bedroom 13'4 x 13'4 ft
Above Level Bedroom 14'6 x 14'6 ft
Above Level Primary Bedroom 13'8 x 13'8 ft
Above Level Family Room 13'9 x 13'9 ft
Above Level Den 10' x 10' ft
Above Level Dining Room 10'11 x 10'11 ft
Above Level Kitchen 14' x 14' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level No #2
Above Level Yes #4

Listed by: Royal Pacific Realty (Kingsway) 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 & Neighbourhood

Public Schools

Secondary
Burnaby Mountain Secondary School
Above Average 1.1 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.Michaels School
2.45 km
Elementary,Secondary
John Knox Christian - Elementary Campus
Above Average 2.57 km 9.3/10

Closest Transit

Bus Stop
Westbound Government Rd @ 8300 Block
0.18 km
Skytrain
Skytrain @ Production Way Stn
0.60 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
Possible
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
Possible — near transit
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
237 DOM
Slower than area
Government Road avg
37 DOM
Average
Burnaby avg
37 DOM
Faster market

8258 Burnlake Drive 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 3K9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 3K9, 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 (~3.3 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

Restaurants (6 nearby)

  • Costco food court · 504 m · Fast Food
  • Subway · 617 m · Fast Food
  • Sushia · 637 m · Restaurant

Groceries (4 nearby)

  • Pbf pita bread factory factory outlet · 583 m · Bakery
  • Circle k · 621 m · Convenience
  • Sunrise pita bread · 635 m · Bakery

Shopping (4 nearby)

  • Costco pharmacy · 558 m · Pharmacy
  • Modern beauty · 573 m · Beauty Shop
  • St. andrew’s book, gift & church supply ltd · 705 m · Stationery

Transit (2 nearby)

  • Skytrain @ production way stn station · 599 m · Transit
  • Bus stop eastbound government st @ 8700 block · 998 m · Transit

Healthcare (1 nearby)

  • Costco pharmacy · 558 m · Healthcare

Schools NearBy

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Ecole Seaforth Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

940 m

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.1 / 10

Distance

1.10 KM

Cameron Elementary

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.77 KM

Forest Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.78 KM

Stoney Creek Community Elementary

Public

Grades Served

Catchment Info

6.7 / 10

Distance

1.83 KM

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

2.01 KM

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.21 KM

Lyndhurst Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.34 KM

St.Michaels School

Independent

Grades Served

K-7

Catchment Info

0

Distance

2.45 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

2.57 KM

Lakeview Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.66 KM

Montecito Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.67 KM

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

2.72 KM

Buckingham Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.90 KM

Roy Stibbs Elementary School

Public

Grades Served

K-5

Catchment Info

6.5 / 10

Distance

2.91 KM

Pre-computed routes from 8258 Burnlake Dr, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Production Way → Waterfront
    35 min
  • Metrotown, Burnaby via Production Way → Metrotown
    30 min
  • SFU Burnaby
    10 min
  • Richmond Centre via Production Way → Brighouse
    60 min
  • YVR Airport via Production Way → YVR-Airport
    61 min

By car (off-peak)

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

Calculate your commute

8258 Burnlake Dr, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Production Way, with a 35 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Government Rd @ 8300 Block (0.18 km). Walk Score Transit rating: Excellent Transit (82/100).

Walkability & Transit Near 8258 Burnlake Drive

Walk Score Badge
Car-Dependent 45

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
54

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 8258 Burnlake Drive

/month
Principal & Interest
Property Taxes $685
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($800,000), the estimated monthly payment for this listing is $15,962/month — $15,277 principal & interest, $685 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 $8,827/month, this property runs a $7,426/month shortfall after mortgage and carrying costs. Break-even requires approximately 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 8258 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.

Price vs Neighbourhood Average — Government Road, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $4,000,000
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 (32.1% 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

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Walkability & Transit Near 8258 Burnlake Drive

Walk Score Badge
Car-Dependent 45

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
54

Bike Score - Bikeable

Some bike infrastructure

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