Below Assessment Value, 9.8% price reduction

2309 6511 Sussex Ave, Burnaby, BC

$568,000
Est. Mortgage /mo

MLS® R3056665

1 Beds
1 Baths
557 sqft
1020 $ /sqft
0 $ Maint. fee
2023 Built
$568,000
$629,900
Est. /mo with 20% down
$1,020/sqft · Tax $2,101/2025
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Below Assessment Value 9.8% price reduction

Here, you found it ! Priced almost 70K below BC assessment! Located steps to metro town station and metro town shopping center, crystal malls, other public transits and all kinds of amenties within walking distance. NO MORE driving! Maywood school & Burnaby south secondary all within 3KM, walking to school! Lots of private school options also within walking distance. Centrally located while quiet with higher floor, enjoy your peaceful nights while embracing all the convenience. Easy to show, full cooperation from listing realtor.

General Info

Price $568,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 557
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2023
Age Of Building 3
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Maintenance Grounds, Gas, Management, Sewer, Snow Removal, Water
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3056665
Building Name -
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Postal Code V5H 0K5
Price per Sqft $1,020
Gross Taxes $2,101.1
Ownership Type Freehold Strata
Maintenance Fee 0
Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Maintenance Grounds, Gas, Management, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 0
Heating Type Forced Air
Cooling Central Air

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type None, Guest
Total Parking Spaces -
Listed by: RE/MAX Crest Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Secondary
Burnaby South Secondary School
1.59 km
Elementary
Maywood Community School
Average
0.31 km
4.5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Deer Lake School
2.37 km
Elementary, Secondary
Deer Lake School
2.37 km

Closest Transit

Bus Stop
Metrotown Station @ Bay 14
0.09 km
Skytrain
Skytrain @ Metrotown Stn
0.15 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
37.3%
No Certificate/Degree
Below Average
10.9%
Owner Occupied
Average
68.9%
Employment Rate
Average
57.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $175
Maintenance fee 0
Financing 80% of the $568,000 asking price over 30 years at 4% results in approximately $2,344/month in total estimated carrying costs, $175 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $2,179/month in rental income, leaving a -$221/month cashflow at current carrying costs. Investors targeting break-even would need roughly 29% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $568,000
Burnaby Loading...
Metrotown Loading...
59 comparable Apartment/Condos are currently active in Metrotown, with a median asking price of $642,857. This property is listed 11.6% below the local average and 3.7% below the Burnaby average. This property is flagged as a Hot Deal (Below Assessment Value, 9.8% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 2309 6511 Sussex Avenue, Burnaby, BC?

Is 2309 6511 Sussex Avenue, Burnaby, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 2309 6511 Sussex Avenue, Burnaby, BC?

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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