$3,500,000
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
About This Property
Discover an incredible opportunity on prestigious Government Road in Burnaby! It’s rare to find a home set on an expansive 16,000 sq.ft. lot in such a sought-after location. This bright and welcoming residence features a functional layout, beautiful hardwood floors, two cozy wood-burning fireplaces, and a spacious living room framed by impressive, oversized windows that fill the space with natural light. You'll also love the added bonus of a self-contained one-bedroom in-law suite in the basement—perfect for extended family, guests, or rental income. Whether you’re looking to move in, rent out, or explore exciting development potential, this property offers endless possibilities. A fantastic find in an exceptional neighborhood!
Property Details
MLS #
R3071219
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow w/Bsmt.
Ownership
Freehold NonStrata
Zoning
R1
Bedrooms
4
Full Baths
2
Half Baths
1
Kitchens
2
Fireplaces
2
Living Area
2,852 sqft
Main Floor
1,450 sqft
Basement
1,402 sqft fin.
Lot Size
16,000 sqft
Lot Dimensions
80 x 200
Frontage
80
Year Built
1967
Age
58 years
Roof
Asphalt
Construction
Frame Wood, Mixed (Exterior)
Structure
Residential Detached
Parking Stalls
6
Garage Spaces
2
Parking Type
Garage Double, Front Access
Original Price
$3,500,000
Taxes
$7,765.69/yr
Listed
2025-12-01
MLS Area
Government Road
City
Burnaby
Postal Code
V5A 2C7
Features & Finishes
Heating
Forced Air
Flooring
Wall/Wall/Mixed
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Laundry
In Unit
Fireplace
Wood Burning
Patio / Porch
Patio · Deck
Building & Community
Transit
CLOSE
Schools
CLOSE
Lot Features
Central Location, Recreation Nearby
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Community
Shopping Nearby
Disclosures
Property Disclosure
Yes
Location
Open in Google MapsCoordinates: 49.251324, -122.938561 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
Offer Advisor
High confidenceSuggested Offer
$3,341,052
4.5% below asking price
Negotiation Range
$3,253,552 – $3,393,552
$140,000 spread
Based on 35 recent sales, a starting offer around $3,341,052 (4.5% below ask) is reasonable. Your negotiation range is $3,253,552 – $3,393,552.
What's factored in
Based on 35 residential sales in Burnaby (last 60 days) · Updated May 4
Other Units at 7765 Government Road
Full building history →More Homes in Government Road
$3,088,000
$3,628,000
Days listed
333d
Government Road
Listed by Royal Pacific Realty (Kingsway) Ltd.
$4,600,000
Days listed
222d
Government Road
Listed by Team 3000 Realty Ltd.