7879 WELSLEY DRIVE

7879 WELSLEY DRIVE · Burnaby, Burnaby Lake · House · 4 bed · 3 bath · $1,950,000 · MLS R3108519

7879 WELSLEY DRIVE is located in Burnaby (Burnaby Lake). Property snapshot: House, 4 bed, 3 bath, listed at $1,950,000, MLS R3108519. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Catc

List Price: $1,950,000
MLS: R3108519
Bedrooms: 4
Bathrooms: 3
Interior Size: 2,948 sqft
Days on Market: -
Days on Site: 59
Deal Score: 50/100
Catchment Schools: Catchment schools include Lakeview Elementary, Burnaby Central Secondary
Price History: Latest recorded list price 1950000.00
Burnaby, British Columbia · Neighbourhood: Burnaby Lake
C$1,950,000

Local Decision Guide

How should buyers evaluate 7879 WELSLEY DRIVE?

Start by reading this listing in its Burnaby Burnaby Lake context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Burnaby listings should also be screened against SSMUH and provincial small-scale multi-unit housing rules. R1, R4 and R5 zoning may affect multiplex analysis, but they are not automatic buildability guarantees; lot dimensions, area, servicing, trees, parking, permits and current city interpretation still matter.

Burnaby SSMUH / R1 / R4 / R5 quick checklist
  • Confirm the zoning label: R1, R4, R5 or another district.
  • Check lot size, frontage, lane/driveway access, trees, parking and servicing.
  • Read SSMUH, provincial rules and Burnaby's current permit interpretation together.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 7879 WELSLEY DRIVE?

This page shows a list price of $1,950,000 with MLS R3108519.

What type of home is this Burnaby, Burnaby Lake listing?

The page shows House, 4 bed, 3 bath at 7879 WELSLEY DRIVE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1950000.00.

Which catchment schools are associated with 7879 WELSLEY DRIVE?

Catchment schools include Lakeview Elementary, Burnaby Central Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Burnaby listings be screened for SSMUH, R1, R4 and R5 risk?

Burnaby listings should be checked against SSMUH, provincial small-scale multi-unit housing policy, R1/R4/R5 zoning, lot size, frontage, servicing, trees, parking and permits. R1/R4/R5 are due-diligence signals, not automatic buildability.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

For sale
7879 WELSLEY DRIVE

Remarks

This isn't just a home-it's a long-term wealth opportunity in the sought-after Burnaby Lake area. Enjoy stunning North Shore views from both levels, with a flexible layout featuring 3 bedrooms up and a 2-bedroom walkout suite with separate laundry and kitchen-ideal for rental income or multi-generational living. Relax or entertain on multiple decks with a private hot tub. The real upside? Rl zoning offers potential for up to 6 dwelling units (buyer to verify with City of Burnaby), making this a strong hold or future redevelopment play. Live in it, rent it, or build your portfolio-this is how smart buyers grow wealth. All measurements aprox. Buyer to verify if important. (id:56153)

Property Details

House
Building Type
4
Bedrooms
3
Bathrooms
1975
Year Built
51 years
Age
59
Days on Site
7,200 sf
Lot Area
2,948 sqft
Interior Size
C$661
Price per Sqft

Transaction: For sale

Lot Frontage: 60 ft

Status: active

Listing ID: 29574253 (R3108519)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,950,000

Lot Area: 7,200 sf

Lot Frontage: 60 ft

PID: 003-312-577

Days on Site: 59 days

Added to BurnabyHouse: 2026-04-08

Updated on: 2026-05-16 08:00 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Lakeview Elementary ELEMENTARY
Public · School District 41
7777 Mayfield St, Burnaby, BC
Straight-line distance about 360.3 m
Burnaby Central Secondary SECONDARY
Public · School District 41
6011 Deer Lake Parkway, Burnaby, BC
Straight-line distance about 2.3 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Mostafa Supermarket
About 1.4 km away
7421 Edmonds Street
Tommy's Market
About 1.5 km away
7375 Edmonds Street
Shopping Centres
Esso
About 1.4 km away
Kings Crossing
About 1.6 km away
Parks / Green Space
Lakeview Park
About 264.2 m away
Lubbock's Wood Park
About 569.9 m away

Price History

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Sold Area Stats

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Includes sold count, median sold price, and median days on market.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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