8724 Gilley Ave, Burnaby BC - Single Family Residence for Sale - MLS# R3171302

1 day on the market
$1,380,000
Est. Mortgage $6,105/mo
Listing updated:
EstateBlock checked:
South Slope
5 Beds
3 Baths
2307 sqft
598 $ /sqft
1944 built
NEW OPEN HOUSE Below Assessment Value
1 day on the market
$1,380,000
Est. $6,105/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 8724 Gilley Avenue

Below Assessment Value

Location, location , Location, Impressive 32 years old 2 level home , extremely well kept 3 bedrooms plus den and 2 washrooms on the 2nd floor, unauthorized 3 bedrooms suite with separated entrance on the ground floor. Close to shopping centre, schools and recreational facilities. Best priced detached house in Burnaby.. Listed below BC assessment. Don't miss this opportunity..

Open houses

04 Oct, 2026 (12:00 PM to 02:00 PM)

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Fireplace 1
Heating Type Other
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,380,000
Total Bedrooms 5
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2307
Year Built 1944
Age Of Building 82
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name South Slope
Ownership Type Freehold NonStrata
Community Features Adult Oriented
Utility Type Electricity Connected
Utility Sewer Community, Storm Sewer
Water (WaterSource) Community
Parking Type Open, Side Access, Asphalt
Total Parking Spaces 2
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 4504
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3171302
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Postal Code V5J 4Y5
Gross Taxes $5,133.73
Zoning R2

Property Timeline

Status Date Price
R3171302 / Active 10-01-2026 $1,380,000
Rooms
Floor Type Dimensions
Above Level Living Room 15'0 x 15'0 ft
Above Level Dining Room 11'0 x 11'0 ft
Above Level Kitchen 11'0 x 11'0 ft
Above Level Bedroom 12'0 x 12'0 ft
Above Level Bedroom 10'0 x 10'0 ft
Above Level Bedroom 12'0 x 12'0 ft
Above Level Nook 8'0 x 8'0 ft
Main Level Living Room 14'0 x 14'0 ft
Main Level Bedroom 13'0 x 13'0 ft
Main Level Bedroom 9'0 x 9'0 ft
Main Level Den 10'0 x 10'0 ft
Main Level Kitchen 14'0 x 14'0 ft
Main Level Laundry 5'0 x 5'0 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #4
Above Level No #3
Main Level No #4

Listed by: Interlink 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 0.13 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 1.17 km 10/10
Secondary
St. Thomas More Collegiate
Above Average 3.08 km 8.3/10

Closest Transit

Bus Stop
Westbound Marine Dr @ Gilley Ave
0.09 km
Skytrain
Skytrain @ Edmonds Stn
1.52 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

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 — 1.52 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
1 DOM
Very fast
South Slope avg
46 DOM
Average
Burnaby avg
46 DOM
Slower market

8724 Gilley Avenue 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 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 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 · 622 m · Kiosk
  • Running room · 647 m · Sports Shop
  • Canadian tire · 653 m · Department Store

Restaurants (15 nearby)

  • Cactus club cafe · 536 m · Restaurant
  • Mcdonald's · 579 m · Fast Food
  • Agra tandoori · 594 m · Restaurant

Groceries (7 nearby)

  • Marine food market · 55 m · Convenience
  • Hop on farms · 378 m · Greengrocer
  • Sungiven foods · 757 m · Supermarket

Cafes (3 nearby)

  • Tim hortons · 632 m · Cafe
  • Starbucks · 695 m · Cafe
  • Nizzy's cafe & catering · 784 m · Cafe

Healthcare (2 nearby)

  • London drugs · 721 m · Healthcare
  • Save on foods pharmacy · 764 m · Healthcare

Transit (1 nearby)

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

Schools NearBy

16 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

131 m

Clinton Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

804 m

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

1.17 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.31 KM

Burnaby South Secondary

Public

Grades Served

—

Catchment Info

—
5.2 / 10

Distance

1.33 KM

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

1.67 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.67 KM

Windsor Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.5 / 10

Distance

1.81 KM

St. Francis de Sales

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

1.82 KM

Fraser Park Secondary School Program

Public

Grades Served

—

Catchment Info

—
0

Distance

2.21 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

2.25 KM

Brantford Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

2.27 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.28 KM

Burnaby Youth Hub Secondary Program

Public

Grades Served

—

Catchment Info

—
2.7 / 10

Distance

2.29 KM

Lord Tweedsmuir Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.49 KM

Morley Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

2.74 KM

Pre-computed routes from 8724 Gilley Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Edmonds → Waterfront
    44 min
  • Metrotown, Burnaby via Edmonds → Metrotown
    26 min
  • SFU Burnaby via Edmonds → Production Way
    36 min
  • Richmond Centre via Edmonds → Brighouse
    69 min
  • YVR Airport via Edmonds → YVR-Airport
    70 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

8724 Gilley Ave, Burnaby, BC is ideally located for commuters. The property is 1.5 km from Edmonds, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Marine Dr @ Gilley Ave (0.09 km). Walk Score Transit rating: Good Transit (54/100).

Walkability & Transit Near 8724 Gilley Avenue

Walk Score Badge
Car-Dependent 74

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 8724 Gilley Avenue

/month
Principal & Interest
Property Taxes $428
Maintenance fee 0
A 20% down payment of $276,000 on this $1,380,000 listing yields an estimated mortgage of $5,271/month (30-year fixed, 4%). Total estimated housing cost: $5,699/month, $428 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
With $5,112/month in estimated rental income against $5,875/month in mortgage payments, the monthly cashflow is -$763/month. A 32% 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 8724 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 $1,380,000
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. This property is flagged as a Hot Deal (Below Assessment Value) 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 8724 Gilley Avenue

Walk Score Badge
Car-Dependent 74

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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