5488 Canada Way, Burnaby BC - Half Duplex for Sale - MLS# R3046147

$1,690,000
Est. Mortgage $7,477/mo
5 Beds
4 Baths
2138 sqft
790 $ /sqft
2018 built
$1,690,000
Est. $7,477/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

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Property Details for 5488 Canada Way

WELCOME TO DEER LAKE RESIDENCES – A boutique collection of custom-built 2-storey duplexes in the heart of Burnaby, nestled between Deer Lake and Burnaby Lake. Quiet inside—no traffic noise. This 5 bed, 4 bath home offers over 2,000 sqft of quality living with engineered hardwood, quartz counters, S/S appliances, radiant heat, Control4, H.E. furnace, wireless security, irrigation, fruit trees, and two balconies. Oversized windows bring in year-round light. **BONUS**: 1-bed ground-level nanny suite—great mortgage helper! Feels like a detached home with private outdoor space. Walk to Buckingham Elem, 3-min to Burnaby Central Sec.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Mixed, Radiant
# of Kitchens 2
Foundation Slab

Exterior Features

Roof Asphalt
Structures Duplex, Residential Attached

Building Details

Price $1,690,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2138
Year Built 2018
Age Of Building 7
Building Type Half Duplex
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Single, Open
Total Parking Spaces 4

Lot & Land

Lot Size Depth Feet
MLS® # R3046147
Area Burnaby South
Neighbourhood Burnaby Lake
City Burnaby
Postal Code V5E 3N3
Gross Taxes $6,189.53
Zoning R1 SMA

Property Timeline

Status Date Price
R3046147 / Active 09-10-2025 $1,690,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'5 x 15'5 ft
Main Level Dining Room 15'5 x 15'5 ft
Main Level Kitchen 9'11 x 9'11 ft
Main Level Nook 6'9 x 6'9 ft
Main Level Family Room 11'11 x 11'11 ft
Main Level Living Room 11'1 x 11'1 ft
Main Level Kitchen 11'2 x 11'2 ft
Main Level Bedroom 10'2 x 10'2 ft
Above Level Primary Bedroom 14'7 x 14'7 ft
Above Level Bedroom 9'2 x 9'2 ft
Above Level Bedroom 8'10 x 8'10 ft
Above Level Walk-In Closet 5'5 x 5'5 ft
Above Level Bedroom 10'7 x 10'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level No #4
Above Level Yes #4
Above Level No #4

Listed by: Macdonald Realty Westmar

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
1.37 km
Elementary
Buckingham Elementary School
Above Average
0.62 km
8.2/10

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

Private Schools

Elementary
Burnaby Montessori School
1.75 km
Elementary, Secondary
Deer Lake School
1.85 km

Closest Transit

Bus Stop
Eastbound Canada Way @ Rugby St
0.12 km
Skytrain
Skytrain @ Lake City Way Stn
2.34 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
33.8%
No Certificate/Degree
Average
13.5%
Owner Occupied
Below Average
45.4%
Employment Rate
Above Average
67.2%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 5488 Canada Way

Mortgage Calculator for 5488 Canada Way

/month
Principal & Interest
Property Taxes $516
Maintenance fee 0
Financing 80% of the $1,690,000 asking price over 30 years at 4% results in approximately $6,971/month in total estimated carrying costs, $516 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%
This listing generates an estimated $5,637/month in rental income, leaving a -$1,510/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% 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 $1,690,000
Burnaby Loading...
Burnaby Lake Loading...

Based on 2 comparable active properties in Burnaby Lake, the average asking price is $1,680,000. This listing is priced 0.6% above the neighbourhood 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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