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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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7016 Sierra Drive, Burnaby
MLS®: R3103056
1914
Sq.Ft.
2
Baths
3
Beds
7,200
Lot SqFt
1950
Built
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Description
Rare 7,200 sqft view lot in highly desirable Burnaby North (Westridge) offering stunning water and North Shore mountain views and exceptional future potential. The existing home is currently tenanted, providing immediate rental income, and has been updated with a heat pump (2023), new roof (2025), and a fully renovated bathroom. Perfect for builders, investors, or those planning a future custom home, this property combines flexibility, location, and income potential. Conveniently close to transit, parks, shopping, and top-rated schools including Westridge Elementary and Burnaby North Secondary.
Taxes (2025): $6,131.24
Amenities
Shopping Nearby
Garden
Storage
In Unit
Shed(s)
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Microwave
Window Coverings
