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For Sale · Burnaby

$1,950,000

4505 MARINE DRIVE, Burnaby

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Bedrooms

Bathrooms

1,268

Size

1952

Year built

About This Home

The details.

BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. The new R1 designation will allow your client to build anywhere up to 12 dwelling units on...

Summarizing the highlights...

MLS® R3092640Listing courtesy of Sutton Centre RealtyView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1952
Size: 1,268 sqft
Lot size: 13,532.71 square feet
Storeys: 1
Parking: 5 spaces
MLS number: R3092640
Data source: Greater Vancouver REALTORS®

Market intelligence

Statistics and history.

Days on market

Burnaby median asking

$860K

799 active listings

Price per sqft

$1,538

Based on 1,268 sqft interior

Where this price sits in Burnaby

$458KThis listing$2.8M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$9,120

$1,560,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$9,120

Cash flow

-$9,120

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Burnaby right now

799

Active listings

799

New this week

$859,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Burnaby.

Household and demographic stats for Burnaby, from the Statistics Canada 2021 Census.

249,125
Population (2021): 40.4
Median age: 101,135
Households: 2.4
Avg household size: 60.5%
Home ownership: $83,000
Median household income

Burnaby neighbourhood guide Full census profile Burnaby market trends

The immediate block around this home (0.3 km radius): about 660 residents in 235 homes, 2,718 people/km² (urban).

Source: Statistics Canada 2021 Census, Burnaby, City (CY); block-level figures from dissemination area 59151242.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

6.6of 10
Nelson Elementary
940 m
public · elementary
Rank 432 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 6.6 · Rank 432/1,272
- 2024/2025 · elementary · Score 7.2 · Rank 355/1,269
- 2023/2024 · elementary · Score 6.7 · Rank 423/1,267
7.3of 10
Suncrest Elementary
1.3 km
public · elementary
Rank 343 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 7.3 · Rank 343/1,272
- 2024/2025 · elementary · Score 7.2 · Rank 359/1,269
- 2023/2024 · elementary · Score 9.0 · Rank 126/1,267

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Rental Market

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.