This isn't just a home-it's a long-term wealth opportunity in the sought-after Burnaby Lake area. Enjoy stunning North Shore views from both levels, with a flexible layout featuring 3 bedrooms up and a 2-bedroom walkout suite with separate laundry and kitchen-ideal for rental income or multi-generational living. Relax or entertain on multiple decks with a private hot tub. The real upside? Rl zoning offers potential for up to 6 dwelling units (buyer to verify with City of Burnaby), making this a strong hold or future redevelopment play. Live in it, rent it, or build your portfolio-this is how smart buyers grow wealth. All measurements aprox. Buyer to verify if important.
| Basement Finished Area (sqft) | 1474 |
|---|---|
| Basement Features | Full |
| Fireplace | 2 |
| Heating Type | Forced Air, Natural Gas |
| Cooling | Central Air |
| # of Kitchens | 2 |
| Flooring | Other |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony, Private Yard |
|---|---|
| View Description | CITY & MOUNTAIN |
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,950,000 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2948 |
| Year Built | 1975 |
| Age Of Building | 51 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow w/Bsmt. |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Carport Multiple |
| Total Parking Spaces | 4 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 7200 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 60 |
| MLS® # | R3108519 |
| Area | Burnaby South |
| Neighbourhood | Burnaby Lake |
| City | Burnaby |
| Postal Code | V5E 3X4 |
| Gross Taxes | $7,128.69 |
| Zoning | R-1 |
| Status | Date | Price |
|---|---|---|
| R3108519 / Active | 04-08-2026 | $1,950,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 11'10 x 11'10 ft |
| Main Level | Living Room | 17'3 x 17'3 ft |
| Main Level | Dining Room | 13'3 x 13'3 ft |
| Main Level | Primary Bedroom | 13'2 x 13'2 ft |
| Main Level | Bedroom | 12'4 x 12'4 ft |
| Main Level | Bedroom | 12'4 x 12'4 ft |
| Main Level | Foyer | 11'9 x 11'9 ft |
| Main Level | Eating Area | 11'8 x 11'8 ft |
| Basement Level | Kitchen | 11'8 x 11'8 ft |
| Basement Level | Family Room | 12'6 x 12'6 ft |
| Basement Level | Dining Room | 12'6 x 12'6 ft |
| Basement Level | Bedroom | 15'9 x 15'9 ft |
| Basement Level | Den | 10'10 x 10'10 ft |
| Basement Level | Laundry | 18'11 x 18'11 ft |
| Basement Level | Storage | 16'2 x 16'2 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | No | #4 |
| Basement | No | #3 |
Listed by: eXp Realty
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 7879 Welsley Drive | |||||
Comparable data is unavailable at the neighbourhood level. City-wide in Burnaby, similar Single Family Residences average $1,873,333 across 4 active listings — this listing is 4.1% above the Burnaby average.
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