8915 Monroe Ave, Burnaby BC - Single Family Residence for Sale - MLS# R3132404

109 days on the market
$1,898,000
Est. Mortgage $8,397/mo
Listing updated:
EstateBlock checked:
6 Beds
3 Baths
2621 sqft
724 $ /sqft
1971 built
109 days on the market
$1,898,000
Est. $8,397/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 8915 Monroe Avenue

Ideal for both owner-occupancy and investment, Great mountain view, now is tenanted for $4500/month, this two-storey detached home in Burnaby sits on a large lot measuring 7,722 sq. ft with 78 frontage.; the entire parcel features no slopes, Accommodating six bedrooms and three bathrooms, the property enjoys an outstanding location with superb everyday convenience: 2-minutes walk to the local elementary school and a 5-minute stroll to the secondary school, steps away from a community park within a mature, strip mall, secure and peaceful residential neighbourhood, only a 3-minutew drive to Lougheed Mall and 15 minutes to Metrotown. R1 zoning, excellent opportunity for development.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Fireplace 2
Heating Type Forced Air
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description CITY
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,898,000
Total Bedrooms 6
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2621
Year Built 1971
Age Of Building 55
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Unknown
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Double
Total Parking Spaces 4
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 7722
Lot Size Depth Feet
Lot Size Frontage 78
MLS® # R3132404
Area Burnaby East
Neighbourhood The Crest
City Burnaby
Postal Code V3N 4E7
Gross Taxes $6,092
Zoning R1

Property Timeline

Status Date Price
R3132404 / Active 05-31-2026 $1,898,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Kitchen 13'2 x 13'2 ft
Main Level Eating Area 13'2 x 13'2 ft
Main Level Dining Room 11'2 x 11'2 ft
Main Level Living Room 15'3 x 15'3 ft
Main Level Primary Bedroom 11'2 x 11'2 ft
Main Level Walk-In Closet 4'6 x 4'6 ft
Main Level Bedroom 12'2 x 12'2 ft
Main Level Bedroom 10'3 x 10'3 ft
Below Foyer 7'4 x 7'4 ft
Below Recreation Room 14'9 x 14'9 ft
Below Bedroom 10'6 x 10'6 ft
Below Bedroom 12' x 12' ft
Below Bedroom 10'3 x 10'3 ft
Below Laundry 6'2 x 6'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level No #2
Below No #3

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
Cariboo Hill Secondary School
Average 0.77 km 6.3/10

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

Private Schools

Elementary
St.Michaels School
0.7 km
Elementary,Secondary
John Knox Christian - Elementary Campus
Above Average 1.48 km 9.3/10

Closest Transit

Bus Stop
Westbound Armstrong Ave @ Cariboo Rd
0.11 km
Skytrain
Skytrain @ Lougheed Stn
1.57 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 32.8%
No Certificate/Degree
Average 12.6%
Owner Occupied
Below Average 55.5%
Employment Rate
Above Average 73%

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

46 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $1,651,260
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.57 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 THE CREST compares
This property
109 DOM
Slower than area
The Crest avg
27 DOM
Average
Burnaby avg
27 DOM
Faster market

8915 Monroe Avenue has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 13% above comparable active properties in The Crest. The local market is currently a Balanced Market with a sales-to-active ratio of 18.5% and an area average of 27 days on market — conditions are balanced. With only 54 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3N 4E7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3N 4E7, 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 (~1.3 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 (5 nearby)

  • Domino's · 502 m · Fast Food
  • Nam vegan express · 541 m · Restaurant
  • Pizza pizzria · 544 m · Fast Food

Shopping (4 nearby)

  • Crest centre · 469 m · Post Office
  • Pharmasave · 480 m · Pharmacy
  • Scotiabank · 493 m · Bank

Groceries (3 nearby)

  • Pharmasave · 480 m · Convenience
  • One stop bakery · 505 m · Bakery
  • Choices market · 520 m · Greengrocer

Cafes (1 nearby)

  • Season's apple café · 506 m · Cafe

Healthcare (1 nearby)

  • Pharmasave · 480 m · Healthcare

Transit (1 nearby)

  • Bus stop southbound e columbia st @ holmes st · 989 m · Transit

Schools NearBy

26 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Armstrong Elementary

Public

Grades Served

Catchment Info

7.3 / 10

Distance

250 m

St.Michaels School

Independent

Grades Served

K-7

Catchment Info

0

Distance

700 m

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.3 / 10

Distance

768 m

Skwo:wech

Public

Grades Served

Catchment Info

7.2 / 10

Distance

1.10 KM

F W Howay Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

1.15 KM

Home Learners Program

Public

Grades Served

Catchment Info

10.0 / 10

Distance

1.19 KM

John Knox Christian - Elementary Campus

Independent

Grades Served

Catchment Info

9.3 / 10

Distance

1.48 KM

Urban Academy Junior

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

1.56 KM

Urban Academy Senior

Independent

Grades Served

Catchment Info

8.8 / 10

Distance

1.56 KM

Cameron Elementary

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.86 KM

Ecole Glenbrook Middle School

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.87 KM

New Westminster Online Schools

Public

Grades Served

Catchment Info

0

Distance

2.08 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

6.9 / 10

Distance

2.14 KM

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

7.1 / 10

Distance

2.16 KM

Our Lady of Fatima

Independent

Grades Served

Catchment Info

8.7 / 10

Distance

2.20 KM

Alderson Elementary

Public

Grades Served

Catchment Info

6.3 / 10

Distance

2.31 KM

New Westminster Continuing Education

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.42 KM

Stoney Creek Community Elementary

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.57 KM

Roy Stibbs Elementary School

Public

Grades Served

K-5

Catchment Info

6.5 / 10

Distance

2.58 KM

Sigma

Public

Grades Served

Catchment Info

4.6 / 10

Distance

2.63 KM

Lord Baden-Powell Elementary School

Public

Grades Served

K-5

Catchment Info

6.3 / 10

Distance

2.68 KM

Lyndhurst Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.74 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

6.7 / 10

Distance

2.75 KM

Ecole Seaforth Elementary

Public

Grades Served

Catchment Info

7.8 / 10

Distance

2.81 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.90 KM

Lakeview Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.92 KM

Pre-computed routes from 8915 Monroe Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Lougheed → Waterfront
    49 min
  • Metrotown, Burnaby via Lougheed → Metrotown
    44 min
  • SFU Burnaby via Lougheed → Production Way
    24 min
  • Richmond Centre via Lougheed → Brighouse
    74 min
  • YVR Airport via Lougheed → YVR-Airport
    75 min

By car (off-peak)

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

Calculate your commute

8915 Monroe Ave, Burnaby, BC is ideally located for commuters. The property is 1.6 km from Lougheed, with a 49 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Armstrong Ave @ Cariboo Rd (0.11 km). Walk Score Transit rating: Some Transit (43/100).

Walkability & Transit Near 8915 Monroe Avenue

Walk Score Badge
Car-Dependent 65

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 43

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 8915 Monroe Avenue

/month
Principal & Interest
Property Taxes $508
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $7,757/month in total housing costs on this $1,898,000 property — $7,249 mortgage payment, $508 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
Based on $5,875/month estimated rent and $7,954/month in total housing costs, this property has a -$2,079/month cashflow. Break-even down payment: approximately 43%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 8915 Monroe 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 — The Crest, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $1,898,000
Burnaby Loading...
The Crest Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Burnaby, similar Single Family Residences average $1,680,000 across 2 active listings — this listing is 13% above the Burnaby average.

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 8915 Monroe Avenue

Walk Score Badge
Car-Dependent 65

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 43

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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