4505 Marine Dr, Burnaby, BC

$2,250,000
Est. Mortgage /mo

MLS® R3092640

2 Beds
1 Baths
1268 sqft
1774 $ /sqft
1952 Built
$2,250,000
Est. /mo with 20% down
$1,774/sqft · Tax $6,311/2025
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

BUILDERS AND INVESTORS!! This is a tremendous opportunity for a 13,532 square foot development site on the high side of Marine Drive in Burnaby. Provincial and municipal densification changes have reduced efforts and costs to developers to increase the housing supply in the lower mainland which includes this unique property. The new R1 designation will allow your client to build anywhere up to 12 dwelling units on this property if subdivided, or up to 6 dwelling units as is, or anywhere in between if your client wishes to build for themselves with the bonus of added rental revenue from additional units! There is also the potential for a land assembly of additional properties for serious inquiries, and, the City of Burnaby has allowed for a delayed payment process for DCC’s and CAC’s.

General Info

Price $2,250,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1268
Lot Size 13532.71
Lot Size Depth Feet
Lot Size Frontage 66.39
Basement Partial
Basement Features -

Property Metrics

Year Built 1952
Age Of Building 74
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3092640
Building Name -
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Postal Code V5J 3G1
Price per Sqft $1,774
Gross Taxes $6,310.79
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Single, Open, Front Access
Total Parking Spaces 5
Listed by: Sutton Centre Realty & Sutton Centre 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
1.5 km
Elementary
Nelson Elementary School
Average
0.91 km
6.8/10

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

Private Schools

Elementary
St. Francis de Sales
2.91 km
Elementary, Secondary
Deer Lake School
3.88 km

Closest Transit

Bus Stop
Westbound Marine Dr @ Sussex Ave
0.19 km
Skytrain
Skytrain @ Royal Oak Stn
1.61 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
32.4%
No Certificate/Degree
Average
13.3%
Owner Occupied
Below Average
50.3%
Employment Rate
Average
63.8%

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 $526
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $9,119/month in total housing costs on this $2,250,000 property — $8,593 mortgage payment, $526 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%
Based on $5,681/month estimated rent and $9,321/month in total housing costs, this property has a -$3,640/month cashflow. Break-even down payment: approximately 54%.
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 $2,250,000
Burnaby Loading...
South Slope Loading...
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

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

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