5 - 6929 Balmoral Street, Burnaby, V5E 1J4 — photo 1

$1,139,000

5 - 6929 Balmoral Street, Burnaby, V5E 1J4
Active
3 Bedrooms 3 Bathrooms 1,598 sqft Built 2024 Residential
1 Listing Signal Detected
Motivated SellerInfo

Seller language signals urgency — you may have more negotiation leverage than the list price suggests.

About This Property

Welcome to HIGHGATE HOMES - Almost $160,000 lower than assessment. featuring CARRIER individual heat pump air-conditioner & HRV air-purifying systems, thoughtfully crafted in the heart of the vibrant Highgate community. This 1,598 sq.ft. home offers 3 bedrooms + flex and 2.5 bathrooms, designed to capture abundant natural light and maximize space for ultimate comfort and livability. On the lower level, enjoy a spacious recreation room, perfect for a home office or gym. The open-concept floor plan, over-height ceilings, and expansive master bedroom create a sense of modern elegance, while secured underground parking and wood-grain cabinetry add refined touches throughout. Step outside and discover everything at your doorstep - option to add one more parking. Motivated Seller.

None

Property Details

MLS #

R3067197

Status

Active

Type

Residential

Sub-type

Townhouse

Ownership

Freehold Strata

Zoning

RM2

Bedrooms

3

Full Baths

2

Half Baths

1

Kitchens

1

Fireplaces

0

Living Area

1,598 sqft

Main Floor

462 sqft

Above Main

466 sqft

Basement

Yes

Year Built

2024

Age

2 years

Roof

Asphalt

Construction

Frame Wood, Brick (Exterior), Mixed (Exterior)

Structure

Residential Attached

Parking Stalls

1

Parking Type

Underground

Facing

South

Original Price

$1,439,000

Strata Fee

$454.54/mo

Taxes

$4,200.62/yr

Listed

2025-11-13

MLS Area

Highgate

City

Burnaby

Postal Code

V5E 1J4

Subdivision

Highgate Homes

Features & Finishes

Heating

Baseboard · Heat Pump

Cooling / A/C

Central Air · Air Conditioning

Flooring

Laminate

Appliances

Washer/Dryer · Dishwasher · Microwave

Laundry

In Unit

Patio / Porch

Patio · Deck

Exterior Features

Playground · Balcony · Private Yard

Building & Community

Total Units

23

Pets

Cats OK, Dogs OK, Yes

Restrictions

Pets Allowed,Rentals Allowed

Lot Features

Lane Access, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Community

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Assisted Living

Building Amenities

Trash · Maintenance Grounds · Gas · Hot Water · Management · Snow Removal

Disclosures

Property Disclosure

Yes

Coordinates: 49.220416, -122.960492 · Map data © Google

8.5

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market9% below market $/sqft
Days on market172 days — significantly stale, strong negotiation position
Price historyPrice dropped 21% from original ask — seller showing motivation
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,086,324

4.6% below asking price

Negotiation Range

$1,057,849$1,103,409

$45,560 spread

$1,057,849$1,139,000 ask

Based on 35 recent sales, a starting offer around $1,086,324 (4.6% below ask) is reasonable. Your negotiation range is $1,057,849 – $1,103,409.

What's factored in

Market baseline35 recent Burnaby sales closed at median 97.3% of list price
Price already reducedSeller dropped from 21% off original ask — indicates motivation
Extended market time172 days listed — well above market avg of 148 days, increased negotiation leverage

Based on 35 residential sales in Burnaby (last 60 days) · Updated May 4

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