7942 Lakefield Dr, Burnaby BC - Single Family Residence for Sale - MLS# R3115471

$1,649,000
Est. Mortgage $7,295/mo
5 Beds
3 Baths
2437 sqft
677 $ /sqft
1974 built
$1,649,000
$1,699,000
Est. $7,295/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 7942 Lakefield Drive

Welcome to this well-maintained and updated family home offering 2363 sq ft of living space in a desirable Burnaby neighbourhood with a south facing back yard. Featuring 3 bedrooms up and 2 bedrooms down, this versatile layout is perfect for growing families, multi-generational living, or those seeking suite potential. The main floor offers a bright and functional layout with spacious living and dining areas, fresh interior finishes, new flooring,new lighting, new kitchen counters/backsplash and recent paint inside and out, giving the home a clean, move-in-ready feel. The home sits accross from Robert Burnaby Park so no neighbors across the street. 60 x 120 lot size. a 15 minute walk to deer lake park , a 5 min walk to Robert Burnaby trails.10 min walk to New Pedest. Overpass!

Interior Features

Basement Finished Area (sqft) 1036
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Fireplace 2
Heating Type Forced Air
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

View Description BURNABY LAKE AND MOUNTAIN
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,649,000
Total Bedrooms 5
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2437
Year Built 1974
Age Of Building 52
Building Type Single Family Residence
Property Type Residential
Architecture Style Split Entry
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 Garage Double, Asphalt
Total Parking Spaces 6

Lot & Land

Lot Size 7200
Lot Size Depth Feet
Lot Size Frontage 60
MLS® # R3115471
Area Burnaby South
Neighbourhood Burnaby Lake
City Burnaby
Postal Code V5E 3W8
Gross Taxes $5,626.25
Zoning R1

Property Timeline

Status Date Price
R3115471 / Active 04-24-2026 $1,649,000
R2984523 / Terminated 04-01-2025 $1,750,000
Rooms
Floor Type Dimensions
Main Level Kitchen 17'0 x 17'0 ft
Main Level Dining Room 11'6 x 11'6 ft
Main Level Living Room 17'6 x 17'6 ft
Main Level Primary Bedroom 14'6 x 14'6 ft
Main Level Bedroom 11'1 x 11'1 ft
Main Level Bedroom 11'1 x 11'1 ft
Basement Level Recreation Room 17'0 x 17'0 ft
Basement Level Bedroom 12'8 x 12'8 ft
Basement Level Bedroom 10'4 x 10'4 ft
Basement Level Laundry 10'6 x 10'6 ft
Basement Level Flex Room 11'0 x 11'0 ft
Main Level Walk-In Closet 6' x 6' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #2
Main Level No #4
Basement No #4

Listed by: Team 3000 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.

Map & Neighbourhood

Public Schools

Elementary
Lakeview Elementary School
Above Average
0.78 km
7.4/10

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

Private Schools

Elementary
St. Francis de Sales
Above Average
2.29 km
8.7/10
Elementary,Secondary
John Knox Christian - Elementary Campus
Above Average
2.31 km
9.3/10

Closest Transit

Bus Stop
Southbound Canada Way @ Burris St
0.48 km
Skytrain
Skytrain @ Lake City Way Stn
2.13 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
Possible
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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.13 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BURNABY LAKE compares
This property
76 DOM
Listed
Burnaby Lake avg
Burnaby avg

7942 Lakefield Drive has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5E 3W8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5E 3W8, 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 A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~3.6 km). Annual avg AQHI 2.2 — 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 7942 Lakefield Drive

Pre-computed routes from 7942 Lakefield Dr, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Lake City Way → Waterfront
    56 min
  • Metrotown, Burnaby via Lake City Way → Metrotown
    47 min
  • SFU Burnaby via Lake City Way → Production Way
    31 min
  • Richmond Centre via Lake City Way → Brighouse
    81 min
  • YVR Airport via Lake City Way → YVR-Airport
    82 min

By car (off-peak)

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

Calculate your commute

7942 Lakefield Dr, Burnaby, BC is ideally located for commuters. The property is 2.1 km from Lake City Way, with a 56 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Canada Way @ Burris St (0.48 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 7942 Lakefield Drive

Walk Score Badge
Car-Dependent 24

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 7942 Lakefield Drive

/month
Principal & Interest
Property Taxes $469
Maintenance fee 0
Financing 80% of the $1,649,000 asking price over 30 years at 4% results in approximately $6,767/month in total estimated carrying costs, $469 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 $4,114/month in rental income, leaving a -$2,825/month cashflow at current carrying costs. Investors targeting break-even would need roughly 56% 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 $1,649,000
Burnaby Loading...
Burnaby Lake Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Burnaby, similar Single Family Residences average $1,745,000 across 4 active listings — this listing is 5.5% below the Burnaby average.

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 7942 Lakefield Drive

Walk Score Badge
Car-Dependent 24

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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