7406 Imperial Street, Burnaby, V5E 1N9 — photo 1

$1,399,000

7406 Imperial Street, Burnaby, V5E 1N9
Active
5 Bedrooms 5 Bathrooms 2,220 sqft Built 1955 Residential

About This Property

Good invest chance for builder. CORNER LOT !!! Frontage is 95 sf, New decoration in main floor. Huge deck and private fenced yard. 4 rental unit Rent total 7100/m ,Two studio has seperated entrance no permit. we can only show upstair this Sun 2pm

Unauthorized Suite

Property Details

MLS #

R3074188

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

R5

Bedrooms

5

Full Baths

4

Half Baths

1

Kitchens

2

Fireplaces

0

Living Area

2,220 sqft

Main Floor

1,040 sqft

Basement

Yes

Lot Size

6,650 sqft

Lot Dimensions

95 x 70

Frontage

95

Year Built

1955

Age

71 years

Roof

Asphalt

Construction

Frame Wood, Stucco, Vinyl Siding

Structure

Residential Detached

Parking Stalls

0

Parking Type

Other

Original Price

$1,890,000

Taxes

$5,814.71/yr

Listed

2025-12-16

MLS Area

Highgate

City

Burnaby

Postal Code

V5E 1N9

Features & Finishes

Heating

Baseboard · Electric · Forced Air

Laundry

In Unit

Patio / Porch

Patio · Deck

Building & Community

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

9.3

Hot Deal

Deal Score out of 10

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

Value vs market20% below market $/sqft
Days on market139 days — significantly stale, strong negotiation position
Price historyPrice dropped 26% from original ask — seller showing motivation
Market conditionsMarket avg 97% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,334,013

4.6% below asking price

Negotiation Range

$1,299,038$1,354,998

$55,960 spread

$1,299,038$1,399,000 ask

Based on 35 recent sales, a starting offer around $1,334,013 (4.6% below ask) is reasonable. Your negotiation range is $1,299,038 – $1,354,998.

What's factored in

Market baseline35 recent Burnaby sales closed at median 97.3% of list price
Price already reducedSeller dropped from 26% off original ask — indicates motivation
Extended market time139 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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