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$5,299,900

8032 Government Road

Government Road, Burnaby, BC, V5A 2E2

5 | 6 | 8 | 5,822 sq.ft. | Year Built: 2012 |

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The Pinnacle of Government Rd Residences! Built by award winning Barone Developments w/unparalleled architectural mastery, this 5822sf, 5 bedrm, 6 bathrm show home blends luxury & function for refined family living. Estate sized 19,569sf (108.7x180) beautifully landscaped private, gated property. Huge 4 car garage! Grand foyer sets the tone showcasing spacious rooms, rich textures & endless built-ins. Entertain in style in the gourmet island kitchen w/lovely family rm, dining area opening to the amazing outdoor-living deck overlooking the turfed south yard w/golf putting green. Spacious bedrms w/luxury ensuites & walk-in closets. Opulent primary bedrm w/true spa-like ensuite & huge chic walk-in closet. Walk-out bsmt w/wine cellar, theatre, gym, wet bar, rec rm & hot tub. SEE VIDEO!

Property Info

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MLS®: R3042507

Listing Courtesy of Macdonald Realty

Total Bedrooms 5

Total Bathrooms 6

Floor Space 5822 sq.ft.

Lot Size 19569 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $5,299,900

Unit Pricing $910/sq.ft.

Strata Fee $0.00

Tax Estimate $20,357/Year

Year Built 2012

Interior Features

Rooms

Main Living Room 15'5 * 17'6

Main Dining Room 16'4 * 23'1

Main Kitchen 14'5 * 17'11

Main Pantry 6'7 * 8'3

Main Family Room 12'2 * 16'3

Main Bedrooms 14'5 * 12'2

Main Bedrooms 13'1 * 12'4

Main Laundry 13'9 * 9'10

Main Foyer 14'10 * 12'9

Above Primary Bedroom 17'11 * 15'8

Above Walk-In Closet 12'11 * 11'4

Above Bedrooms 11'8 * 10'11

Above Walk-In Closet 6'7 * 4'10

Above Bedrooms 10'11 * 12'5

Above Walk-In Closet 7'1 * 4'8

Above Walk-In Closet 6'7 * 4'8

Bsmt Recreation Room 32' * 14'8

Bsmt Bar Room 14'1 * 8'6

Bsmt Wine Room 8'3 * 5'8

Bsmt Media Room 13'10 * 17'5

Bsmt Gym 16'5 * 14'2

Bsmt Storage 7'4 * 7'2

Bsmt Utility 10'5 * 6'0

More Details

Storey 2

Floor Space Finished 5822.00 sq.ft.

Roof XXXXXXXX

Zoning R1

Floor Finish XXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Single, Garage Triple, RV Access/Parking, Garage Door Opener

Parking Cover 4

Parking Total 8

Fuel Heating Forced Air, 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 2E2
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 5
Bathrooms Half: 1

Interior Features

Fireplaces Total: 5
Flooring: Mixed
Basement: Finished
Interior Features: Storage

Exterior Features

Exterior Features: Garden, Balcony, Private Yard
Roof: Concrete

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2012
Lot Size Square Feet: 19569
Building Area Total: 5822
Living Area: 5822

Lot Information

Lot Features: Central Location, Near Golf Course, Private, Recreation Nearby
Parcel Number: 015056791

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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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