An opportunity to purchase a boutique low-rise residential development site with holding income and adjacent to Burnaby Heights for redevelopment of up to 6 storeys with the recent amendment of the Burnaby OCP. The property is situated on the southeast corner of Delta Ave and Hastings St with convenient access to Downtown Vancouver, Brentwood Town Centre, SFU and HWY 1. The property, with a lot size of 9,461 SF, is also a block east of Burnaby Heights, a dynamic retail corridor known for its diverse commercial district, friendly merchant culture, and a vibrant community atmosphere. The property is improved with a duplex circa 1947 with 4 rental units. Each rental unit has its own washer & dryer and generate a stable rental income.
General Info
Price
$2,750,000
Total Bedrooms
9
Total Bathrooms
4
Half Bathrooms
0
Floor Area Total (sqft)
2000
Lot Size
9460.78
Lot Size Depth
Feet
Lot Size Frontage
80
Basement
Full
Basement Features
-
Property Metrics
Year Built
1947
Age Of Building
79
Building Type
Single Family Residence
Property Type
Residential
Stories
1
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3079448
Building Name
-
Area
Burnaby North
Neighbourhood
Capitol Hill BN
City
Burnaby
Postal Code
V5B 3C8
Price per Sqft
$1,375
Gross Taxes
$8,224.41
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
0
Heating Type
Other
Utilities
Utility Type
Electricity Connected, Water Connected
Utility Sewer
Public Sewer
Water (WaterSource)
Public
Parking
Parking Type
Open
Total Parking Spaces
-
Rooms
Floor
Type
Dimensions
Main Level
Bedroom
9' x 9' ft
Main Level
Bedroom
9' x 9' ft
Main Level
Bedroom
9' x 9' ft
Main Level
Bedroom
9' x 9' ft
Main Level
Living Room
9' x 9' ft
Main Level
Living Room
9' x 9' ft
Basement Level
Bedroom
9' x 9' ft
Basement Level
Bedroom
9' x 9' ft
Basement Level
Bedroom
9' x 9' ft
Basement Level
Bedroom
9' x 9' ft
Basement Level
Bedroom
9' x 9' ft
Basement Level
Living Room
9' x 9' ft
Basement Level
Living Room
9' x 9' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
Main Level
No
#3
Basement
No
#3
Basement
No
#3
Listed by: Macdonald Commercial Real Estate Services Ltd. & Macdonald Commercial Real Estate Services Ltd.
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 North Secondary School
1.4 km
Elementary
Capitol Hill Elementary School
Above Average
0.85 km
7.6/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Holy Cross Elementary School
1 km
Secondary
Whytecliff Agile Learning Centre (Burnaby)
3.69 km
Closest Transit
Bus Stop
Westbound Hastings St @ Hythe Ave
0.08 km
Skytrain
Skytrain @ Brentwood Stn
1.69 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average
Demographics
Post-Secondary Education
Below Average
22.5%
No Certificate/Degree
Above Average
16.5%
Owner Occupied
Below Average
43.5%
Employment Rate
Average
65.1%
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$685
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $11,188/month in total housing costs on this $2,750,000 property — $10,503 mortgage payment, $685 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 Payment0%
Based on $6,665/month estimated rent and $11,417/month in total housing costs, this property has a -$4,752/month cashflow. Break-even down payment: approximately 57%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$2,750,000
Burnaby
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Capitol Hill BN
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There are currently no active comparable Single Family Residences in Burnaby to benchmark against. Check back as new listings enter the market.
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 420 Delta Avenue, Burnaby, BC?
The closest top-rated schools are Burnaby North Secondary School and Capitol Hill Elementary School.
Is 420 Delta Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 420 Delta Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $16,500.
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