6 bed
5 bath
2,581 sqft
Single Family Residence
Built in 2001
6,000 sqft lot
8 parking
2 fireplaces
Freehold NonStrata
R1 zone
Public remarks
Spacious and well-located, this 7 bed, 5 bath home sits on a 6,000 sq ft (50x120) lot in a prime East Burnaby location. The upper level features 3 bedrooms, 2 bathrooms, a bright living and dining area, family room, and a functional kitchen—all updated with new paint and hardwood floors. Below are two separate mortgage-helper suites (2 bed + 1 bed), offering strong rental income potential. Walking distance to transit, shops, restaurants, and both elementary and secondary schools. Zoned R1 (formerly R5), the property is now eligible for low-rise residential redevelopment (up to 8 storeys), making this a smart investment for both homeowners and developers.
Private remarks
Measurements are approximate and taken from BC ASSESSMENT. Buyer to confirm if important. Offers to be emailed to [email protected]. Property tenanted. Property contains unauthorized accommodations. Zoned R1 (formerly R5), the property is now eligible for low-rise residential redevelopment (up to 8 storeys)
Buyer agency compensation
3.2% on the first $100,000 , 1.15% on the balance.
$2,788,000 ($1,080/sqft)
Active
Listed
05/23/2025
Expiry date
Original price
Gross taxes (2024)
$6,296.23
Property transfer tax
$61,640.00
Last Updated: 05/23/2025 10:15 PM
Courtesy of Nu Stream Realty Inc.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 7874 14th Avenue | R3006640 | 05/23/2025 10:15 PM | 05/23/2025 | Active | $2,788,000 | Login to view | Peter S. Gill PREC* | Nu Stream Realty Inc. |