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Investment signal

$3,500,000

7765 GOVERNMENT ROAD

Save this home

Beds

4

Baths

3

Sqft

Year

1967

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Burnaby. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Discover an incredible opportunity on prestigious Government Road in Burnaby! It´s rare to find a home set on an expansive 16,000 sq.ft. lot in such a sought-after location. This bright and welcoming residence features a functional layout, beautiful hardwood floors, two cozy wood-burning fireplaces, and a spacious living room framed by impressive, oversized windows that fill the space with natural light. You'll also love the added bonus of a self-contained one-bedroom in-law suite in the basement-perfect for extended family, guests, or rental income. Whether you´re looking to move in, rent out, or explore exciting development potential, this property offers endless possibilities. A fantastic find in an exceptional neighborhood! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Common interest
Freehold
Living area
2,852 square feet
Lot size
16,000 square feet
Lot dimensions
16000
Parking
6 total
Fireplace
2
On market
Dec 1, 2025
Status changed
Apr 20, 2026
Annual tax
$7,765.69 (2023)
Photos
34
MLS#
R3071219
Area
BURNABY

Features and systems

Parking

Garage

Basement

FullUnknownUnknown

Appliances

All

Heating

Forced air

Lot

Central location
Negative cash flow ~$3,621/mo at these assumptions

Cash on cash

-6.21%

Cap rate

3.62%

GRM

16.7

Break-even rent

$21,312

Financing

Down payment$700,000
Loan amount$2,800,000
Mortgage$14,187/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,604
Insurance$80
Maintenance$2,917
CapEx reserve$1,458
Vacancy loss$875

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $14,187/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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