7279 Broadway, Burnaby, V5A 1S1 — photo 1

$3,200,000

7279 Broadway, Burnaby, V5A 1S1
Active
7 Bedrooms 3 Bathrooms 3,996 sqft Built 1946 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

ATTENTION INVESTORS & BUILDERS! NEW OCP allows for TOWNHOUSING. One of the BIGGEST lots in North Burnaby. Potential to build 4 homes on this property. Great holding lot. The property is 75' x 410', which is over 30,600 sq ft or over 2/3 of an acre. The house is nearly 4000 SF & can be used to rent while waiting for subdivision. In back is a separate two car garage. The value of this property is mainly in the land. Walking distance to Montecito Elementary & short bus ride to Burnaby North Secondary. Near to Shopping (Parkcrest Plaza), Lakecity Skytrain, highway, Kensington Sports Complex & very close to Burnaby Mountain Golf Course. PLEASE DO NOT WALK ON PROPERTY, call listing agent for a showing.

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Property Details

MLS #

R3001991

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

R2

Bedrooms

7

Full Baths

2

Half Baths

1

Kitchens

2

Living Area

3,996 sqft

Main Floor

1,998 sqft

Basement

Yes

Lot Size

30,492 sqft

Lot Dimensions

75 x 410

Frontage

75

Year Built

1946

Age

80 years

Construction

Frame Wood, Brick (Exterior), Stucco

Structure

Residential Detached

Parking Stalls

10

Garage Spaces

2

Parking Type

Garage Double, Front Access, Asphalt

Original Price

$3,800,000

Taxes

$6,818.78/yr

Listed

2025-05-13

MLS Area

Montecito

City

Burnaby

Postal Code

V5A 1S1

Features & Finishes

Heating

Natural Gas

Flooring

Hardwood · Mixed · Wall/Wall/Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Patio / Porch

Patio

Exterior Features

No Outdoor Area

Building & Community

Transit

170M

Schools

500M

Lot Features

Central Location, Near Golf Course

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.261487, -122.951285 · Map data © Google

7.4

Good Value

Deal Score out of 10

Priced competitively with some negotiation potential.

Value vs marketAt market $/sqft
Days on market356 days — significantly stale, strong negotiation position
Price historyPrice dropped 16% from original ask — seller showing motivation
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,036,655

5.1% below asking price

Negotiation Range

$2,956,655$3,084,655

$128,000 spread

$2,956,655$3,200,000 ask

Based on 35 recent sales, a starting offer around $3,036,655 (5.1% below ask) is reasonable. Your negotiation range is $2,956,655 – $3,084,655.

What's factored in

Market baseline35 recent Burnaby sales closed at median 97.3% of list price
Price already reducedSeller dropped from 16% off original ask — indicates motivation
Extended market time356 days listed — well above market avg of 148 days, increased negotiation leverage
Above-average DOM356d vs market avg of 148d — property may have a pricing or condition issue

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

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