A rare combination of holding income, future self re-development (6 units), or land assembly w 2 more lots into 4 storey building. Estimated rental income appr. $7,500/m. Once “in a lifetime opportunity. Be prepared for the future “. “4 -storey apartment zoning lots in new OCP”. Builders can also split one lot into 3 sml lots. Located in a rapidly growing area with excellent amenities, transit access, and strong future potential. The house was Recently done in stages into a very new offering with one legal 2 bed suite - can be 3 bed, or 2 more bd income generating accommodation. Reno was done w great workmanship. With 2 bedroom/2 bath up, Shed in backyard is yet another potential waiting for ideas. 3 full sets laundry machines.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full, Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven |
| Interior Features | Guest Suite, Storage |
| Heating Type | Baseboard |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Flooring | Hardwood, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $3,798,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 4 |
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2131 |
| Year Built | 1955 |
| Age Of Building | 71 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Other, Front Access, Asphalt |
| Total Parking Spaces | 4 |
| Rental Suites | Legal Suite |
| Lot Size | 10350 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 50 |
| MLS® # | R3082120 |
| Area | Burnaby South |
| Neighbourhood | Burnaby Lake |
| City | Burnaby |
| Postal Code | V5E 2E5 |
| Gross Taxes | $6,152.97 |
| Zoning | RES |
| Status | Date | Price |
|---|---|---|
| R3082120 / Active | 01-21-2026 | $3,798,000 |
| R2965874 / Expired | 02-11-2025 | $3,999,000 |
| R2951587 / Terminated | 12-27-2024 | $2,190,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 9'11 x 9'11 ft |
| Main Level | Bedroom | 11'6 x 11'6 ft |
| Main Level | Kitchen | 21'11 x 21'11 ft |
| Main Level | Living Room | 18'5 x 18'5 ft |
| Main Level | Foyer | 10'6 x 10'6 ft |
| Main Level | Bar Room | 7'7 x 7'7 ft |
| Main Level | Bar Room | 4'10 x 4'10 ft |
| Basement Level | Kitchen | 15'5 x 15'5 ft |
| Basement Level | Bedroom | 11'5 x 11'5 ft |
| Basement Level | Bedroom | 11'5 x 11'5 ft |
| Basement Level | Laundry | 11' x 11' ft |
| Basement Level | Bar Room | 4'1 x 4'1 ft |
| Basement Level | Bedroom | 7'8 x 7'8 ft |
| Basement Level | Bedroom | 7'8 x 7'8 ft |
| Basement Level | Office | 10'1 x 10'1 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #4 |
| Basement | No | #4 |
| Below | No | #4 |
Listed by: Sutton Group Seafair Realty & RE/MAX Westcoast
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
7843 Wedgewood Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Burnaby Lake. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5E 2E5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~3.2 km). Annual avg AQHI 0 — Low Risk.
Burnaby currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 7843 Wedgewood Street | |||||
Calculate your commute
7843 Wedgewood St, Burnaby, BC is ideally located for commuters. The property is 2.2 km from Edmonds, with a 52 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Edmonds St @ 7800 Block (0.09 km). Walk Score Transit rating: Some Transit (48/100).
No active comparable properties are currently available for this property type in Burnaby. The price evaluation chart will update as similar listings enter the market.
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