5578 OAKGLEN DRIVE

5578 OAKGLEN DRIVE · Burnaby, Forglen · House · 6 bed · 4 bath · $2,498,000 · MLS R3133732

Burnaby, British Columbia · Neighbourhood: Forglen
C$2,498,000
For sale
5578 OAKGLEN DRIVE
Sat Jun 13
01:00 PM - 03:00 PM
Sun Jun 14
01:00 PM - 03:00 PM

5578 OAKGLEN DRIVE is located in Burnaby (Forglen). Property snapshot: House, 6 bed, 4 bath, listed at $2,498,000, MLS R3133732. 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. Catchment

List Price: $2,498,000
MLS: R3133732
Bedrooms: 6
Bathrooms: 4
Interior Size: 2,941 sqft
Days on Market: -
Days on Site: 2
Deal Score: 50/100
Catchment Schools: Catchment schools include Ecole Marlborough Elementary, Moscrop Secondary
Price History: Latest recorded list price 2498000.00

Local Decision Guide

How should buyers evaluate 5578 OAKGLEN DRIVE?

Start by reading this listing in its Burnaby Forglen 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 5578 OAKGLEN DRIVE?

This page shows a list price of $2,498,000 with MLS R3133732.

What type of home is this Burnaby, Forglen listing?

The page shows House, 6 bed, 4 bath at 5578 OAKGLEN 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 2498000.00.

Which catchment schools are associated with 5578 OAKGLEN DRIVE?

Catchment schools include Ecole Marlborough Elementary, Moscrop 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.

Remarks

Experience breathtaking mountain and city views from this architectural masterpiece in desirable Forest Glen. Fully renovated in 2026, this move-in-ready home features a modern kitchen with new appliances, updated bathrooms, new flooring, fresh paint, and a repaired view deck. Major upgrades include warranty coverage for the roof, windows, furnace, and hot water tank for added peace of mind. A spacious 3-bedroom, 2-bathroom mortgage helper with separate entrance and private laundry adds excellent value and income potential. Located in an SSMUH zoning area with potential to build up to four single-family homes with views, this is a rare opportunity for homeowners and investors. (id:56153)

Property Details

House
Building Type
6
Bedrooms
4
Bathrooms
1972
Year Built
54 years
Age
2
Days on Site
8,585 sf
Lot Area
2,941 sqft
Interior Size
C$849
Price per Sqft

Transaction: For sale

Lot Frontage: 65 ft

Status: active

Listing ID: 29874026 (R3133732)

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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$2,498,000

Lot Area: 8,585 sf

Lot Frontage: 65 ft

PID: 006-689-981

Days on Site: 2 days

Added to BurnabyHouse: 2026-06-08

Updated on: 2026-06-08 10:01 PM PDT

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Lot info

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

Schools

Ecole Marlborough Elementary ELEMENTARY
Burnaby, BC
Straight-line distance about 556.7 m
Moscrop Secondary SECONDARY
Public · School District 41
4433 Moscrop St, Burnaby, BC
Straight-line distance about 1.5 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
Wholesale Club
About 995.7 m away
5335 Kingsway
Boemma Euro Foods & Deli
About 1 km away
5172 Kingsway, Burnaby
Shopping Centres
Burlington Square
About 1 km away
5172 Kingsway, Burnaby
Metropolis at Metrotown
About 1.1 km away
4700 Kingsway, Burnaby
Parks / Green Space
Royal Oakland Park
About 384.9 m away
Forest Glen Park
About 437.1 m away
Rapid Transit Stations
METROTOWN STATION
About 1.3 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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