Vancouver Price Drop

Documenting Vancouver real estate price movements

Burnaby Spotlight – June 21, 2012

It has been about a month since the last regional spotlight series and given today is the day the 30 year mortgage elimination was announced I figure it is a good time to take a snapshot of the ten homes that have dropped their listing price by the largest percentage since March.  Burnaby had gone from 15% to make the top 10 last month to a 17% drop to make it this month.


Address:8443 13TH AV, East Burnaby, Burnaby

March 09 V933528 $1,888,000 $0 0%
April 11 V933528 $1,500,000 $-388,000 -21%
May 08 V933528 removed
May 11 V949298 $1,399,000 $-489,000 -26%

Assessment: $1,020,000

This spacious custom built home is not to be missed! The upper level has over 1100 sq.ft. and has four bedrooms and 3 bathrooms, while the basement is over 1400 sq.ft. with 3 bedrooms and 2 bathrooms. The main floor is also over 1400 sw.ft. and has a family room, living room, bathroom, dining room, eating nook, and kitchen. The kitchen is open concept with rich, darker cabinets and granite counters. There are two fireplaces on the main level as well, both gas fuelled. Enjoy the outdoor patio and backyard, complete with a detached two car garage. This home is great for families, with great schools and parks within walking distance.


Address:# 47 3960 CANADA WY, Burnaby Hospital, Burnaby

March 14 V936828 $349,900 $0 0%
March 28 V936828 $328,800 $-21,100 -6%
April 28 V936828 $314,900 $-35,000 -10%
Open House: May 20
May 23 V936828 removed
May 28 V952738 $275,900 $-74,000 -21%
Open House: Jun 09, 16

Assessment: $259,200

Beautiful, spacious 1 bedroom corner unit with it’s own private entrance & large patio, rarely becomes available in Lodges in popular Cascade Village. Nicely kept unit.Wood burning fireplace gives a country style feeling to this cozy apartment. Top of the line new appliances, newer hot water tank & in suite laundry. Complex has a very nice recreation facility with indoor pool, weight room, 2 theater rooms & party room looking out to landscaped green area. This kind of unit rarely becomes available.


Address:6929 WILLINGDON AV, Metrotown, Burnaby

March 09 V928594 $998,800 $0 0%
March 19 V928594 $928,000 $-70,800 -7%
April 09 V928594 $898,000 $-100,800 -10%
May 07 V928594 removed
May 10 V949092 $849,900 $-148,900 -15%
Open House: May 19
May 31 V949092 $799,000 $-199,800 -20%

Assessment: $871,900

QUIET PART OF WILLINGDON, SOUTH OF IMPERIAL. Prime Metrotown location. Short walk to Metrotown, Crystal Mall, T & T Shopping, Central Park, Skytrain, Close to Bonsor Rec Centre. Close Livable home with 2 bedrooms on main and 2 bedroom suite potential in the basement. Hardwood Floors in Living Room and Dining Room and Hallway, Fir Floors in bedrooms, Some Double glazed windows, 12 x 11 Sundeck, Detached Garage. Gardeners Delight in front and back yard plus Green House. Great Home for First time home buyers, Investor or build your dream home up to 4014 sqft including garage. Come View today.


Address:6186 PORTLAND ST, South Slope, Burnaby

March 30 V940192 $1,499,000 $0 0%
April 25 V940192 $1,388,888 $-110,112 -7%
May 23 V940192 $1,249,000 $-250,000 -17%
June 20 V940192 $1,198,888 $-300,112 -20%

Assessment: $1,309,100 (Property has more than one structure)

This fabulous MultiFamily Duplex actually has a fully finished basement. This is a Money Making Machine that has almost 4600 sqft this home features 8 bedrooms, 5 bathrooms and four kitchens and an income of almost $ 4200 per month !! Many upgrades over the years and is situated on a gorgeous 86 by 133 lot in the prime sought after area of Burnaby South Slope.Property has fabulous south view (all the way to the gulf islands) and huge park-like greenspace lot, walk to the skytrain, and only minutes to Metrotown . These kinds of properties are rare and is zoned R-4 so you can hold now and make a great return and build new duplexes later!! Hurry on This One!! Please call Listing Agent for more details!


Address:7545 WHELEN CT, Deer Lake, Burnaby

March 09 V932130 $1,877,000 $0 0%
May 16 V932130 $1,777,000 $-100,000 -5%
June 06 V932130 removed
June 11 V955744 $1,499,000 $-378,000 -20%

Assessment: $1,611,000

No Picture

RARE & PRESTIGIOUS! Tranquil “Stanley Park” like setting w/ stunning elevated vista views. Highly desired & rarely available large property (over 15,000 sqft) in Deer Lake/Buckingham Heights. Extensively updated modern post & beam mid-century home! Long time owner, renovations include new kitchen, bathrooms, windows, roof, hardwood floors, deck covering, & new 2 car enclosed garage. Low maintenance yard, professionally landscaped. Floor to ceiling windows, lots of natural light, bright, open layout, vaulted ceilings & skylights. Grand marble slab kitchen-island, stainless steel appliances & appointments. Flexible layout, potential self contained nanny’s quarters. Walk to Deer Lake, in Buckingham Heights School catchment!


Address:7333 BARNET RD, Westridge, Burnaby

April 21 V944674 $999,999 $0 0%
May 05 V944674 $869,900 $-130,099 -13%
May 24 V944674 $795,000 $-204,999 -20%

Assessment: $673,700

Some view.


Address:3816 NAPIER ST, Willingdon Heights, Burnaby

March 09 V922444 $989,800 $0 0%
March 29 V922444 removed
April 09 V941965 $799,000 $-190,800 -19%

Assessment: No Assessment Available

New 1/2 duplex in a central location. Chance to choose your colors and finishes. Almost 2,000 sq ft with room for an in-law suite. 3 bdrms up, 3.5 baths.


Address:4468 CARLETON AV, Burnaby Hospital, Burnaby

March 09 V930903 $900,000 $0 0%
March 13 V930903 $700,000 $-200,000 -22%
March 22 V930903 $750,000 $-150,000 -17%

Assessment: $673,000

49.21 x 135 building Lot with Building envelope allows for 1088 sq ft on main floor with 400 sq ft attached garage,1219 sq ft upper floor and 1418 sq ft in basement. Total 3725 sq ft plus attached garage. Prime Burnaby Hospital location. Close to BCIT, Metrotown Shopping.


Address:6836 HERSHAM AV, Highgate, Burnaby

March 09 V925240 $1,199,000 $0 0%
March 24 V925240 $1,148,000 $-51,000 -4%
May 15 V925240 removed
May 19 V951269 $999,900 $-199,100 -17%
Open House: May 26

Assessment: $782,000 (Building Unfinished)

Beautiful brand new quality home built in an excellent location close to school, shopping and transit. This home features granite countertops, hardwood floors and many extras. Upstairs has a 3 bedrooms plus a den. Downstairs has fully finished basement. This home sits on a big 33 x 159 lot.


Address:# 219 1945 WOODWAY PL, Brentwood Park, Burnaby

May 26 V952423 $249,900 $0 0%
May 31 V952423 removed
June 04 V954161 $238,900 $-11,000 -4%
June 15 V954161 $229,000 $-20,900 -8%
June 20 V954161 $209,000 $-40,900 -16%
Open House: Jun 24

Assessment: $238,100

Vacant-Super Clean-Ready to Move in condition. Very spacious 2bdrm & bath Burnaby Condo with large patio backing into a beautiful year round lush green belt. VERY VERY QUIET! Close to Brentwood for shopping. Close to transportation, schools & parks. Extra storage in basement + a 5’x5′ storage/office + 1 parking spot – bring offers! Rentals ok!!

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