Land Value only

5395 Georgia St, Burnaby, BC

$2,498,888
Est. Mortgage /mo

MLS® R3082864

8 Beds
4 Baths
2414 sqft
1035 $ /sqft
1963 Built
$2,498,888
$1,498,888
Est. /mo with 20% down
$1,035/sqft · Tax $7,295/2025
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Land Value only

Opportunity knock! This property offers far more than just a place to live. Set on an 8,052 sq. ft. corner lot with stunning South views. It’s zoned R1 Small-Scale Multi-Unit Housing and sits within a Frequent Transit Network Area, allowing up to six homes on one lot. You could live in one, rent the others, create space for extended family, or renovate the current home while benefiting from exceptional long-term land value. Extremely desirable for future development this corner lot w/ lane on relatively flat lot that provides great light, access, and design flexibility. A smart lifestyle purchase with built-in upside. Steps to Shops and transit. The house has 8 bedrooms and provides great cashflow while getting your permits in order. Don't miss out, call for more information.

General Info

Price $2,498,888
Total Bedrooms 8
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2414
Lot Size 8052
Lot Size Depth Feet
Lot Size Frontage 66
Basement None
Basement Features -

Property Metrics

Year Built 1963
Age Of Building 63
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3082864
Building Name -
Area Burnaby North
Neighbourhood Capitol Hill BN
City Burnaby
Postal Code V5B 1V3
Price per Sqft $1,035
Gross Taxes $7,294.82
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Front Access, Asphalt
Total Parking Spaces 4
Listed by: Stilhavn Real Estate Services

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Secondary
Burnaby North Secondary School
0.82 km
Elementary
Capitol Hill Elementary School
Above Average
0.42 km
7.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Holy Cross Elementary School
1.01 km
Secondary
Whytecliff Agile Learning Centre (Burnaby)
3.96 km

Closest Transit

Bus Stop
Eastbound Hastings St @ Howard Ave
0.21 km
Skytrain
Skytrain @ Holdom Stn
1.54 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
29.2%
No Certificate/Degree
Average
13.6%
Owner Occupied
Below Average
43%
Employment Rate
Above Average
70.1%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $608
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($499,778), the estimated monthly payment for this listing is $10,152/month — $9,544 principal & interest, $608 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $7,509/month, this property runs a $2,867/month shortfall after mortgage and carrying costs. Break-even requires approximately 45% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,498,888
Burnaby Loading...
Capitol Hill BN Loading...
There are currently no active comparable Single Family Residences in Burnaby to benchmark against. Check back as new listings enter the market. This property is flagged as a Hot Deal (Land Value only) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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