What are the closest top-rated schools to 7258 Ridge Drive, Burnaby, BC?

The closest top-rated schools are Burnaby North Secondary School and Westridge Elementary School.

What is the estimated monthly mortgage and strata fee for 7258 Ridge Drive, Burnaby, BC?

With a standard down payment, the estimated monthly mortgage is approximately $8,394.

7258 Ridge Dr, Burnaby, BC

Rare development opportunity priced $400K below BC Assessment in a prime Burnaby location! 7258 Ridge Drive offers a 7,850 sq.ft. building lot zoned R1, with the City of Burnaby’s new Small-Scale Multi-Unit Housing (SSMUH) framework allowing for up to 6 residential units per legal lot. The property is vacant land with no existing structure and is best suited for an experienced developer or builder prepared to unlock its full potential. The lot configuration and site conditions will require thoughtful planning. Located in an established neighbourhood surrounded by low-density housing, this site presents an opportunity to deliver missing-middle housing.

General Info

Price $1,399,000

Total Bedrooms -

Total Bathrooms -

Half Bathrooms -

Floor Area Total (sqft) -

Lot Size 7847

Lot Size Depth Feet

Lot Size Frontage 37.6

Basement Features -

Property Metrics

Year Built -

Age Of Building -

Building Type -

Property Type Land

Stories -

Building Features -

Structures Land Only

Additional Details

MLS^® # R3076190

Building Name -

Area Burnaby North

Neighbourhood Westridge BN

City Burnaby

Postal Code V5A 1B5

Price per Sqft -

Gross Taxes $6,402.19

Ownership Type Freehold NonStrata

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable At Lot Line

Water (WaterSource) Public

Parking

Total Parking Spaces -

Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd.

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: 1.74 km
Elementary
Westridge Elementary School: Above Average; 0.95 km; 7.2/10

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: 3.29 km
Elementary, Secondary
Mediated Learning Academy: 4.62 km

Closest Transit

Bus Stop
Eastbound Hastings St @ Duthie Ave: 0.35 km
Skytrain
Skytrain @ Sperling Stn: 2.82 km

Crime Rate

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

Demographics

Post-Secondary Education: Average; 29.9%
No Certificate/Degree: Below Average; 11.5%
Owner Occupied: Below Average; 49.1%
Employment Rate: Average; 63.9%

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

Estimated Mortgage Calculator

Down Payment Percent

Home Price

Down Payment

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $534

Maintenance fee 0

Financing 80% of the $1,399,000 asking price over 30 years at 4% results in approximately $5,877/month in total estimated carrying costs, $534 property tax.

All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Apr 23, 2026

Estimated Cashflow Calculator

Down Payment Percent

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Down Payment

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

This listing generates an estimated $4,238/month in rental income, leaving a -$1,817/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% down.

All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.