8656 Gilley Ave, Burnaby BC - Single Family Residence for Sale - MLS# R3145099

58 days on the market
$2,999,000
Est. Mortgage $13,268/mo
Listing updated:
EstateBlock checked:
8 Beds
7 Baths
4827 sqft
621 $ /sqft
2015 built
58 days on the market
$2,999,000
Est. $13,268/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 8656 Gilley Avenue

Luxury and craftsmanship meet on this rare 12275 sq ft lot with nearly 5000sqft of refined interiors.This stunning home features the highest quality finishings, including double height ceilings, bianco carrara marble counter tops,Kingsman fireplaces, Sub-Zero and Wolf appliances and walk in cooler within wok kitchen. Large entertaining deck and exquisite landscaping all enclosed with fencing for privacy. Upstairs offers 4 ensuite bedrooms, with a master featuring a grand spa bath, two way fireplace and private balcony. Concrete decks,full security and underground electrical highlight quality. Separate entry walkout basement. Prime setting near Market Crossing, parks, schools and SkyTrain. Rear lane access provides subdivision potential to build house or multiplex options under SSMUH rules.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full, Finished, Exterior Entry
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Hot Water, Radiant
# of Kitchens 2
Flooring Hardwood, Mixed, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,999,000
Total Bedrooms 8
Total Bathrooms 7
Full Bathrooms 7
Half Bathrooms 0
Floor Area Total (sqft) 4827
Year Built 2015
Age Of Building 11
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double, Front Access, Paver Block, Garage Door Opener
Total Parking Spaces 6
Rental Suites Other

Lot & Land

Lot Size 12275
Lot Size Depth Feet
Lot Size Frontage 66.35
MLS® # R3145099
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Postal Code V5J 4Y5
Gross Taxes $9,412.42
Zoning R2

Property Timeline

Status Date Price
R3145099 / Active 07-10-2026 $2,999,000
to view full Property History (3 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 15' x 15' ft
Main Level Dining Room 11' x 11' ft
Main Level Family Room 19' x 19' ft
Main Level Kitchen 16'6 x 16'6 ft
Main Level Mud Room 8'9 x 8'9 ft
Main Level Bedroom 11'9 x 11'9 ft
Main Level Wok Kitchen 8'6 x 8'6 ft
Main Level Nook 11' x 11' ft
Main Level Primary Bedroom 15'6 x 15'6 ft
Above Level Bedroom 12' x 12' ft
Above Level Bedroom 11' x 11' ft
Above Level Bedroom 12' x 12' ft
Below Recreation Room 19'9 x 19'9 ft
Below Games Room 18'9 x 18'9 ft
Below Bedroom 11'3 x 11'3 ft
Below Bedroom 10' x 10' ft
Below Bedroom 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Above Level Yes #4
Above Level Yes #4
Above Level Yes #4
Above Level Yes #4

Listed by: RE/MAX City 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

Elementary
Glenwood Elementary School
Average 0.18 km 5.4/10

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

Private Schools

Elementary
Our Lady of Mercy
Above Average 1.15 km 10/10
Secondary
St. Thomas More Collegiate
Above Average 2.99 km 8.3/10

Closest Transit

Bus Stop
Eastbound Southridge Dr @ Marine Dr
0.13 km
Skytrain
Skytrain @ Edmonds Stn
1.43 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 41%
No Certificate/Degree
Below Average 9.6%
Owner Occupied
Below Average 58.1%
Employment Rate
Average 54.2%

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

54 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.43 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 SOUTH SLOPE compares
This property
58 DOM
Average
South Slope avg
46 DOM
Average
Burnaby avg
46 DOM
Faster market

8656 Gilley Avenue has a sell-speed score of 54/100, 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 Balanced Market with a sales-to-active ratio of 14.9% and an area average of 46 days on market — conditions are balanced. With only 195 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 V5J 4Y5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5J 4Y5, 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 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~1.2 km). Annual avg AQHI 2.2 — 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

Shopping (16 nearby)

  • Total site services · 711 m · Kiosk
  • Running room · 712 m · Sports Shop
  • Vancity · 722 m · Bank

Restaurants (15 nearby)

  • Cactus club cafe · 619 m · Restaurant
  • Mcdonald's · 655 m · Fast Food
  • Agra tandoori · 667 m · Restaurant

Groceries (7 nearby)

  • Marine food market · 144 m · Convenience
  • Hop on farms · 453 m · Greengrocer
  • Sungiven foods · 784 m · Supermarket

Cafes (3 nearby)

  • Tim hortons · 699 m · Cafe
  • Starbucks · 754 m · Cafe
  • Nizzy's cafe & catering · 872 m · Cafe

Healthcare (2 nearby)

  • London drugs · 791 m · Healthcare
  • Save on foods pharmacy · 828 m · Healthcare

Transit (1 nearby)

  • Bus stop southbound willard st @ 12 ave · 995 m · Transit

Schools NearBy

17 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.4 / 10

Distance

182 m

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

771 m

Our Lady of Mercy

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

1.15 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

1.23 KM

Burnaby South Secondary

Public

Grades Served

Catchment Info

5.2 / 10

Distance

1.33 KM

Connaught Heights Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

1.60 KM

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

1.70 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

8.7 / 10

Distance

1.75 KM

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

1.76 KM

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.20 KM

Fraser Park Secondary School Program

Public

Grades Served

Catchment Info

0

Distance

2.27 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.30 KM

Burnaby Youth Hub Secondary Program

Public

Grades Served

Catchment Info

2.7 / 10

Distance

2.30 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.32 KM

Lord Tweedsmuir Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.41 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

2.66 KM

St. Thomas More Collegiate

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.99 KM

Pre-computed routes from 8656 Gilley Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Edmonds → Waterfront
    43 min
  • Metrotown, Burnaby via Edmonds → Metrotown
    25 min
  • SFU Burnaby via Edmonds → Production Way
    35 min
  • Richmond Centre via Edmonds → Brighouse
    68 min
  • YVR Airport via Edmonds → YVR-Airport
    69 min

By car (off-peak)

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

Calculate your commute

8656 Gilley Ave, Burnaby, BC is ideally located for commuters. The property is 1.4 km from Edmonds, with a 43 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Southridge Dr @ Marine Dr (0.13 km). Walk Score Transit rating: Good Transit (57/100).

Walkability & Transit Near 8656 Gilley Avenue

Walk Score Badge
Car-Dependent 69

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 57

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
51

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 8656 Gilley Avenue

/month
Principal & Interest
Property Taxes $784
Maintenance fee 0
Financing 80% of the $2,999,000 asking price over 30 years at 4% results in approximately $12,238/month in total estimated carrying costs, $784 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
This listing generates an estimated $6,906/month in rental income, leaving a -$5,581/month cashflow at current carrying costs. Investors targeting break-even would need roughly 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 8656 Gilley Avenue, 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 — South Slope, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $2,999,000
Burnaby Loading...
South Slope 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.

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 8656 Gilley Avenue

Walk Score Badge
Car-Dependent 69

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 57

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
51

Bike Score - Bikeable

Some bike infrastructure

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