8038 Cloverlake Court, Burnaby BC - Single Family Residence for Sale - MLS# R3014172

$3,088,000
Est. Mortgage $13,661/mo
5 Beds
6 Baths
5699 sqft
542 $ /sqft
1996 built
14.9% price reduction
$3,088,000
$3,628,000
Est. $13,661/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 8038 Cloverlake Court

14.9% price reduction

Sitting on a 17,000 ft lot in the prestigious Government Road neighborhood, this custom built home is not to be missed. It features 3 car attached garage with gated driveway, grand foyer with spiral staircase, floor radiant heating system and air conditioning. The main floor comes with a huge family room, open kitchen + island, wok kitchen, separate breakfast area, spacious living and dining room to entertain your guests, extra high ceiling, an elegant home office and a spacious bedroom with ensuite. Upstairs are 4 huge bedrooms, two ensuites and a Jack and Jill bathroom. Basement is equipped with a 17' X 17' home theatre, a sauna room and a full bathroom. The garden is fenced and levelled. Easy access to Costco, Lougheed mall, skytrain stations, Simon Fraser University, Hwy 1 and 7.

Interior Features

Basement Finished Area (sqft) 587
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Hot Water, Radiant
Cooling Air Conditioning
# of Kitchens 2
Flooring Hardwood, Tile, Wall/Wall/Mixed, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Concrete
Structures Residential Detached

Building Details

Price $3,088,000
Total Bedrooms 5
Total Bathrooms 6
Full Bathrooms 5
Half Bathrooms 1
Floor Area Total (sqft) 5699
Year Built 1996
Age Of Building 30
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 Garage Triple, Front Access, Paver Block
Total Parking Spaces 6
Rental Suites None

Lot & Land

Lot Size 17470
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3014172
Area Burnaby North
Neighbourhood Government Road
City Burnaby
Postal Code V5A 3R8
Gross Taxes $11,677.16
Zoning R-1

Property Timeline

Status Date Price
R3014172 / Active 06-06-2025 $3,088,000
Rooms
Floor Type Dimensions
Main Level Living Room 18' x 18' ft
Main Level Dining Room 16'10 x 16'10 ft
Main Level Kitchen 19' x 19' ft
Main Level Kitchen 8' x 8' ft
Main Level Family Room 18' x 18' ft
Main Level Bedroom 13'4 x 13'4 ft
Main Level Eating Area 15' x 15' ft
Main Level Office 15' x 15' ft
Main Level Foyer 12' x 12' ft
Above Level Primary Bedroom 20' x 20' ft
Above Level Bedroom 19' x 19' ft
Above Level Bedroom 14'9 x 14'9 ft
Above Level Primary Bedroom 15' x 15' ft
Basement Level Recreation Room 17'9 x 17'9 ft
Basement Level Sauna 7' x 7' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #3
Above Level Yes #6
Above Level No #3
Basement No #3

Listed by: Royal Pacific Realty (Kingsway) 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

Secondary
Burnaby Mountain Secondary School
1.57 km
Elementary
École Seaforth Elementary
Above Average
0.53 km
7.7/10

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

Private Schools

Elementary
John Knox Christian School
Above Average
2.58 km
9.2/10
Secondary
Carver Christian High School
2.64 km

Closest Transit

Bus Stop
Eastbound Government Rd @ 8000 Block
0.25 km
Skytrain
Skytrain @ Lake City Way Stn
0.90 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
39.6%
No Certificate/Degree
Below Average
9.9%
Owner Occupied
Below Average
46.4%
Employment Rate
Average
63.5%

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

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 — 0.90 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GOVERNMENT ROAD compares
This property
398 DOM
Listed
Government Road avg
Burnaby avg

8038 Cloverlake Court has a sell-speed score of 56/100, 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 V5A 3R8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 3R8, 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 (~3.6 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 8038 Cloverlake Court

Pre-computed routes from 8038 Cloverlake Court, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Lake City Way → Waterfront
    41 min
  • Metrotown, Burnaby via Lake City Way → Metrotown
    32 min
  • SFU Burnaby via Lake City Way → Production Way
    16 min
  • Richmond Centre via Lake City Way → Brighouse
    66 min
  • YVR Airport via Lake City Way → YVR-Airport
    67 min

By car (off-peak)

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

Calculate your commute

8038 Cloverlake Court, Burnaby, BC is ideally located for commuters. The property is 0.9 km from Lake City Way, with a 41 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Government Rd @ 8000 Block (0.25 km). Walk Score Transit rating: Excellent Transit (70/100).

Walkability & Transit Near 8038 Cloverlake Court

Walk Score Badge
Car-Dependent 52

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 8038 Cloverlake Court

/month
Principal & Interest
Property Taxes $973
Maintenance fee 0
A 20% down payment of $617,600 on this $3,088,000 listing yields an estimated mortgage of $11,794/month (30-year fixed, 4%). Total estimated housing cost: $12,767/month, $973 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
With $7,954/month in estimated rental income against $12,992/month in mortgage payments, the monthly cashflow is -$5,038/month. A 55% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Government Road, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $3,088,000
Burnaby Loading...
Government Road 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. This property is flagged as a Hot Deal (14.9% price reduction) 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

Listing Agent & Brokerage

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $18,781
0 of 38 missions

Sign up on Estateblock.com

$939 / 5.00%

Sign up on EstateBlock.com

$376 / 2.00%

Buy with us & save on this property

Walkability & Transit Near 8038 Cloverlake Court

Walk Score Badge
Car-Dependent 52

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Similar Single Family Residences for Sale in Government Road