7843 Wedgewood St, Burnaby BC - Single Family Residence for Sale - MLS# R3082120

$3,798,000
Est. Mortgage $16,802/mo
6 Beds
4 Baths
2131 sqft
1782 $ /sqft
1955 built
$3,798,000
Est. $16,802/mo with 20% down
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

Photos

Property Details for 7843 Wedgewood Street

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.

Interior Features

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

Exterior Features No Outdoor Area
Roof Asphalt
Structures Residential Detached

Building Details

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 & Land

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

Property Timeline

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
Rooms
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
Bathrooms
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.

Map & Neighbourhood

Public Schools

Secondary
Burnaby Central Secondary School
3.28 km
Elementary
Lakeview Elementary School
Average
0.65 km
6.2/10

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

Private Schools

Elementary
Our Lady of Mercy School
Above Average
1.29 km
10/10
Secondary
St.Thomas More Collegiate
1.23 km

Closest Transit

Bus Stop
Westbound Edmonds St @ 7800 Block
0.09 km
Skytrain
Skytrain @ Edmonds Stn
2.17 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
27.9%
No Certificate/Degree
Average
14.4%
Owner Occupied
Below Average
39.4%
Employment Rate
Above Average
68.2%

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

Sell Speed & Competition

50 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $3,798,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.17 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BURNABY LAKE compares
This property
169 DOM
Listed
Burnaby Lake avg
Burnaby avg

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.

Climate Risk for V5E 2E5

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).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality B / Good

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.

Heat Moderate

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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 7843 Wedgewood Street

Pre-computed routes from 7843 Wedgewood St, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Edmonds → Waterfront
    52 min
  • Metrotown, Burnaby via Edmonds → Metrotown
    34 min
  • SFU Burnaby via Edmonds → Production Way
    44 min
  • Richmond Centre via Edmonds → Brighouse
    77 min
  • YVR Airport via Edmonds → YVR-Airport
    78 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    17 min
  • Metrotown, Burnaby via Lougheed Hwy
    6 min
  • SFU Burnaby via Gaglardi Way
    4 min
  • Richmond Centre via No. 3 Rd
    19 min
  • YVR Airport via Bridgeport / Sea Island
    21 min

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).

Walkability & Transit Near 7843 Wedgewood Street

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 48

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
61

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 7843 Wedgewood Street

/month
Principal & Interest
Property Taxes $513
Maintenance fee 0
Financing 80% of the $3,798,000 asking price over 30 years at 4% results in approximately $15,019/month in total estimated carrying costs, $513 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $9,521/month in rental income, leaving a -$5,774/month cashflow at current carrying costs. Investors targeting break-even would need roughly 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Burnaby Lake, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $3,798,000
Burnaby Loading...
Burnaby Lake Loading...

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.

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

Listing Agent & Brokerage

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

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Walkability & Transit Near 7843 Wedgewood Street

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 48

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
61

Bike Score - Bikeable

Some bike infrastructure

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