Great tenants with great income for investors or builder. W facing 52x102 lot with backlane located in Unbeatable quiet Central Park neighbourhood, 1 blk east of Boundary Rd. Close to parks, easy access to Hwy #1, bus stops are 2 blocks away, 10 min walk to Joyce-Collingwood Station. Mins drive to BCIT, LaSalle College, Electronic Art, Central Park, Metrotown & Brentwood Town Centre shopping areas. Inman Elementary & Moscrop Secondary catchments. R1 Small-Scale Multi-Unit. Land Value with solid house. Biz license renewal annually. Approx. $5K/mo rental income. New roof 2021. Available showing schedule: Tue. & Thur. 1~2PM, Sun. 12~1PM. DON'T DISTURB TENANTS!
General Info
Price
$1,750,000
Total Bedrooms
7
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
2510
Lot Size
5304
Lot Size Depth
Feet
Lot Size Frontage
52
Basement
Finished
Basement Features
-
Property Metrics
Year Built
1955
Age Of Building
71
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Basement Entry
Stories
1
Appliances Included
Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3051449
Building Name
-
Area
Burnaby South
Neighbourhood
Central Park BS
City
Burnaby
Postal Code
V5G 2S2
Price per Sqft
$697
Gross Taxes
$6,312.87
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
1
Heating Type
Baseboard, Electric, Natural Gas
Utilities
Utility Type
Electricity Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer
Water (WaterSource)
Public
Parking
Parking Type
Garage Double, Lane Access
Total Parking Spaces
2
Rooms
Floor
Type
Dimensions
Main Level
Living Room
18'8 x 18'8 ft
Main Level
Dining Room
10'11 x 10'11 ft
Main Level
Kitchen
12'0 x 12'0 ft
Main Level
Bedroom
13'0 x 13'0 ft
Main Level
Bedroom
13'1 x 13'1 ft
Main Level
Bedroom
10'5 x 10'5 ft
Main Level
Laundry
19'6 x 19'6 ft
Main Level
Foyer
16'9 x 16'9 ft
Basement Level
Bedroom
13'10 x 13'10 ft
Basement Level
Bedroom
14'1 x 14'1 ft
Basement Level
Bedroom
13'0 x 13'0 ft
Basement Level
Bedroom
13'1 x 13'1 ft
Basement Level
Kitchen
13'6 x 13'6 ft
Basement Level
Storage
8'5 x 8'5 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Basement
No
#4
Listed by: Macdonald 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
Elementary
École Inman Elementary
Average
0.42 km
6.3/10
Secondary
Moscrop Secondary School
1.33 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
St.Mary's School
0.87 km
Secondary
Whytecliff Agile Learning Centre (Burnaby)
1.6 km
Closest Transit
Bus Stop
Southbound Smith Ave @ Belleville Ave
0.16 km
Skytrain
Skytrain @ Joyce Stn
0.74 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average
Demographics
Post-Secondary Education
Average
32.1%
No Certificate/Degree
Average
15%
Owner Occupied
Below Average
43%
Employment Rate
Above Average
71.3%
Noise/ Power Lines
Road/Hwy Noise
Unlikely
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 fee0
Financing 80% of the $1,750,000 asking price over 30 years at 4% results in approximately $7,210/month in total estimated carrying costs, $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 Payment0%
This listing generates an estimated $5,795/month in rental income, leaving a -$1,597/month cashflow at current carrying costs. Investors targeting break-even would need roughly 40% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,750,000
Burnaby
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Central Park BS
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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. This property is flagged as a Hot Deal (Land Value only) 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 5010 Lorraine Avenue, Burnaby, BC?
The closest top-rated schools are École Inman Elementary and Moscrop Secondary School.
Is 5010 Lorraine Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5010 Lorraine Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,500.
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