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$5,788,888

8258 Government Road

Government Road, Burnaby, BC, V5A 2E3

7 | 8 | 10 | 6,029 sq.ft. | Year Built: 2021 |

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In the highly desirable Government Road area of N.Burnaby, this STUNNING gated 7 bdrm and 7 ½ bath 4 year old SMART home offers luxury, privacy, and innovation. Programmable features include Lutron lighting, security cameras, and main floor auto blinds. Enjoy a heated garage with EV charger, plus a putting green for golf lovers. Inside boasts 10' / 9/ 9 ceilings, a stunning chef’s kitchen with Fisher & Paykel appl., granite countertops with full slab backsplashes, and spa-inspired bathrooms with floor-to-ceiling tiles. Relax in your private sauna, entertain with a built-in BBQ and heated outdoor space with a babbling stream, or unwind below in the theatre room, bar, and custom wine room. Includes a nanny suite and a 2-bedroom legal suite—perfect for extended family or mortgage helper.

Property Info

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MLS®: R3020528

Listing Courtesy of Sutton Centre Realty

Total Bedrooms 7

Total Bathrooms 8

Floor Space 6029 sq.ft.

Lot Size 15840 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $5,788,888

Unit Pricing $960/sq.ft.

Strata Fee $0.00

Tax Estimate $17,290/Year

Year Built 2021

Interior Features

Rooms

Main Foyer 12'2 * 20'5

Main Mud Room 12'4 * 6'1

Main Bedrooms 11'1 * 13'8

Main Living Room 14'1 * 8'11

Main Kitchen 17'11 * 21'5

Main Kitchen 17'8 * 11'10

Main Dining Room 14'1 * 14'5

Main Family Room 14'1 * 18'8

Main Eating Area 12'2 * 19'2

Below Recreation Room 15'3 * 22'1

Below Bar Room 13'6 * 4'9

Below Utility 10'9 * 11'1

Below Media Room 21' * 13'11

Below Sauna 8'9 * 6'7

Below Kitchen 13'10 * 11'6

Below Family Room 13'10 * 14'9

Below Bedrooms 10'8 * 11'9

Below Bedrooms 13'10 * 10'10

Above Primary Bedroom 26'3 * 19'2

Above Bedrooms 13'10 * 14'2

Above Bedrooms 13'9 * 10'8

Above Bedrooms 12'7 * 10'

Above Walk-In Closet 7' * 12'

More Details

Storey 2

Floor Space Finished 6029.00 sq.ft.

Roof XXXXXXX

Zoning R1

Floor Finish XXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXX

Parking Additional Parking, Garage Double, RV Access/Parking, Front Access

Parking Cover 2

Parking Total 10

Fuel Heating Natural Gas, Radiant

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Burnaby North
Street Name: Government
City: Burnaby
State Or Province: BC
Postal Code: V5A 2E3
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 7
Bathrooms Half: 1

Interior Features

Fireplaces Total: 2
Flooring: Hardwood, Mixed, Tile
Basement: Full
Interior Features: Wet Bar

Exterior Features

Exterior Features: Private Yard
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2021
Lot Size Square Feet: 15840
Building Area Total: 6029
Living Area: 6029

Lot Information

Lot Features: Central Location, Private, Recreation Nearby
Parcel Number: 009343466

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City Introduction

Overview of Burnaby, BC, Canada

Population

Burnaby is the third-largest city in British Columbia, with a population of approximately 274,000 (2024). The population density is 2,750.7 people per square kilometer. Burnaby is a multicultural city, with about 64% of residents belonging to visible minorities, including a significant Chinese community (34%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: High-tech, film production, retail, and education. Burnaby is home to several high-tech parks and film studios, making it a key economic hub in Western Canada.
Commercial Centers: Metrotown is the second-largest shopping center in Western Canada, attracting both consumers and investors.
Educational Resources: Burnaby hosts Simon Fraser University (SFU) and the British Columbia Institute of Technology (BCIT), providing a highly skilled workforce and fostering innovation.

Living Features

Natural Environment: Burnaby boasts abundant natural landscapes, including Burnaby Lake, Deer Lake, and numerous community parks, ideal for outdoor activities.
Transportation: Burnaby is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Burnaby's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Burnaby's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects (e.g., SkyTrain expansion) support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Burnaby is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Deer Lake and Metrotown, while properties near SkyTrain stations are attractive for investors.

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