$8,140,950

8246 BURNLAKE DRIVE

Burnaby BC V5A 3K9 - Government Road
5 bd
2.5 ba
4,343 sqft
Built 1978

About This Property

Developers Alert! Government Road's Prime Development Opportunity! This site strategically located close to future master plan with surrounding shops and restaurants, easy access to highways and Lougheed Town Centre. Development potentials in Tier 3 with 3.0 FSR of Production Way – University Station allow for 8 storey or perfect for extra spacious SSMUH…

Features

Balcony
Carport Multiple
Room measurements5 rooms
BedroomMain · 0'0 × 0'0
BedroomMain · 0'0 × 0'0
BedroomMain · 0'0 × 0'0
BedroomMain · 0'0 × 0'0
BedroomMain · 0'0 × 0'0

Property Details

MLS NumberR3075747
Property TypeSingle Family Residence
Bedrooms5
Bathrooms2.5
Square Feet4,343
Lot Size18,091 sqft
Year Built1978
HeatingForced Air, Natural Gas
Days on Market219
StatusActive
Listed ByeXp Realty

School Catchment

Elementary Ecole Seaforth
Secondary Burnaby Mountain

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,900,000Median home value
$130,000Median household income
85.7%Owner-occupied
74.5%Single-detached homes
3.1Avg household size
45.6Median age
55.8%Bachelor's degree or higher (25-64)
47.9%Commute under 30 min
80.1%Drive to work
41%Foreign-born residents
3,636Neighbourhood population

Age

Under 15: 15.3%15 to 64: 60.8%65 and over: 23.9%
  • Under 1515.3%
  • 15 to 6460.8%
  • 65 and over23.9%

Household size

  • 1 person13.6%
  • 231.8%
  • 317.4%
  • 419.5%
  • 5 or more17.8%

Language spoken at home

47.3% English mother tongue

  • Cantonese13.6%
  • Mandarin12.9%
  • English + other4.8%
  • Punjabi2.2%
  • Italian2.2%
  • Korean1.5%
  • All others15.5%

Mother tongue, share of 3,635 residents.

How this pocket differs

  • more seniors 65+ than Burnaby North 23.9% vs 17.3%
  • notably more 5+ person households than Burnaby North 17.9% vs 7.1%
  • notably fewer people living alone than Burnaby North 13.7% vs 29.8%
  • more 4-person households than Burnaby North 19.7% vs 13.2%
  • more Mandarin speakers than Burnaby North 12.9% vs 8.7%
  • Median household income is higher than Metro Vancouver $130,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $1,900,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size18,115 sqft
Lot dimensions140 × 180 ft
Lot shapeIrregular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~54,170 sqft
Nearest stationProduction Way-University Station607 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $38,453
Mortgage payment$37,288
Property tax$666
Home insurance$500
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 10

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