Home > All listings > 7563 1st Street

$2,349,999

7563 1st Street

East Burnaby, Burnaby, BC, V3N 3T3

7 | 5 | 6 | 4,246 sq.ft. | Year Built: 1994 |

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Elegant and expansive, this 7-bed, 5-bath residence in prestigious East Burnaby offers 4,246 sqft. of refined living. Fully renovated inside and out, it seamlessly blends timeless architecture with modern luxury—featuring an upgraded radiant heating system, rich laminate flooring, premium tile, and a gourmet kitchen with sleek stainless steel appliances. Enjoy a double car garage, spacious driveway, and beautifully finished interiors throughout. The basement includes a 1-bed + den mortgage helper with separate entry—ideal for extended family or rental income. Situated near top-rated schools, scenic parks, transit, shopping, highway access, and more. A rare blend of elegance, comfort, and convenience—this is the home you’ve been waiting for. Contact me today for full details!

Property Info

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MLS®: R3027056

Listing Courtesy of Macdonald Realty

Total Bedrooms 7

Total Bathrooms 5

Floor Space 4246 sq.ft.

Lot Size 6418 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $2,349,999

Unit Pricing $553/sq.ft.

Strata Fee $0.00

Tax Estimate $6,750/Year

Year Built 1994

Interior Features

Rooms

Main Foyer 19'4 * 10'1

Main Living Room 17'5 * 13'1

Main Dining Room 13'1 * 10'7

Main Kitchen 13'1 * 12'8

Main Great Room 23'10 * 21'2

Main Family Room 20'10 * 13'6

Main Bedrooms 13'6 * 13'

Above Bedrooms 14' * 13'

Above Bedrooms 12'11 * 11'3

Above Bedrooms 10'9 * 10'

Above Primary Bedroom 14'10 * 13'6

Above Walk-In Closet 9'2 * 5'2

Bsmt Recreation Room 12'11 * 10'5

Bsmt Laundry 9'8 * 8'3

Bsmt Bedrooms 13'1 * 10'3

Bsmt Bedrooms 12'11 * 10'3

Bsmt Kitchen 13'9 * 8'3

Bsmt Nook 12'6 * 9'11

Bsmt Living Room 12'6 * 9'1

More Details

Storey 2

Floor Space Finished 4246.00 sq.ft.

Roof XXXXXXXX

Zoning R1

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Additional Parking, Garage Double, Front Access, Rear Access, Gravel

Parking Cover 4

Parking Total 6

Fuel Heating Natural Gas, Radiant

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Burnaby East
Street Name: 1st
City: Burnaby
State Or Province: BC
Postal Code: V3N 3T3
Year Built Effective: 2015
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 5

Interior Features

Fireplaces Total: 2
Flooring: Hardwood, Mixed, Tile, Carpet
Basement: Finished, Exterior Entry

Exterior Features

Exterior Features: Balcony
Roof: Concrete

Property

Utilities

Sewer: Community
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1994
Year Built Effective: 2015
Lot Size Square Feet: 6418.44
Building Area Total: 4246
Living Area: 4246

Lot Information

Lot Features: Central Location, Lane Access, Recreation Nearby
Parcel Number: 002922304

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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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