7282 Ridge Drive, Burnaby, V5A 1B5 — photo 1

$2,990,000

7282 Ridge Drive, Burnaby, V5A 1B5
Active
9 Bedrooms 6 Bathrooms 4,736 sqft Built 2011 Residential

About This Property

This luxury detached home in North Burnaby features 9 spacious bedrooms and 6 bathrooms, offering beautiful ocean and mountain views. Large windows provide panoramic scenery and natural light throughout the year, allowing you to enjoy sunsets, city lights, and snow-covered peaks in winter. The interior is bright and open, with elegant design and quality finishes that create a comfortable and welcoming living space. Located just a 5-minute drive from Simon Fraser University, this home offers a perfect balance of luxury, convenience, and natural beauty.

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Property Details

MLS #

R3073550

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

R-2

Bedrooms

9

Full Baths

5

Half Baths

1

Kitchens

1

Fireplaces

3

Living Area

4,736 sqft

Main Floor

2,005 sqft

Above Main

1,535 sqft

Basement

1,196 sqft fin.

Lot Size

9,084 sqft

Lot Dimensions

60 x 151.4

Frontage

60

Year Built

2011

Age

15 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

8

Garage Spaces

2

Parking Type

Garage Double, Front Access, Garage Door Opener

Original Price

$3,200,000

Taxes

$12,000.92/yr

Listed

2025-12-11

MLS Area

Westridge BN

City

Burnaby

Postal Code

V5A 1B5

Features & Finishes

Heating

Radiant

Flooring

Hardwood · Mixed · Tile · Carpet

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave · Oven

Fireplace

Gas

Patio / Porch

Patio · Deck

Windows

Window Coverings

Interior Features

Pantry

Exterior Features

Balcony

Building & Community

Transit

3BLKS

Schools

3BLKS

View

Ocean

Lot Features

Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer

Utilities

Community

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.284339, -122.949341 · Map data © Google

9.3

Hot Deal

Deal Score out of 10

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

Value vs market19% below market $/sqft
Days on market144 days — significantly stale, strong negotiation position
Price historyPrice dropped 7% from original ask — seller showing motivation
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,853,428

4.6% below asking price

Negotiation Range

$2,778,678$2,898,278

$119,600 spread

$2,778,678$2,990,000 ask

Based on 35 recent sales, a starting offer around $2,853,428 (4.6% below ask) is reasonable. Your negotiation range is $2,778,678 – $2,898,278.

What's factored in

Market baseline35 recent Burnaby sales closed at median 97.3% of list price
Price already reducedSeller dropped from 7% off original ask — indicates motivation
Extended market time144 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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