5488 Canada Way, Burnaby, BC

$1,690,000 Est. Mortgage /mo

MLS® R3046147

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

Property Details & Specs

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.

General Info

Price $1,690,000
Total Bedrooms 5
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2138
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2018
Age Of Building 7
Building Type Half Duplex
Property Type Residential
Stories 2
Building Features -
Structures Duplex, Residential Attached

Additional Details

MLS® # R3046147
Building Name -
Area Burnaby South
Neighbourhood Burnaby Lake
City Burnaby
Postal Code V5E 3N3
Price per Sqft $790
Gross Taxes $6,189.53
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Mixed, Radiant

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Open
Total Parking Spaces 4
Strata Restrictions -
Rental Restrictions -
Zoning R1 SMA
Rental Suites -
# of Kitchens 2
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

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.

Neighborhood & Transit Info

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

Local Info

Estimated Mortgage Calculator

/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:

Estimated 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.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,690,000
Burnaby Loading...
Burnaby Lake Loading...
2 comparable Half Duplexs are currently active in Burnaby Lake, with a median asking price of $1,686,667. This property is listed 0.2% above the local average and 4.8% above 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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 5488 Canada Way, Burnaby, BC?
The closest top-rated schools are Burnaby Central Secondary School and Buckingham Elementary School.
Is 5488 Canada Way, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5488 Canada Way, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,140.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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