5017 Pioneer Ave, Burnaby, BC

$2,900,000
Est. Mortgage /mo

MLS® R3023992

5 Beds
2 Baths
2402 sqft
1207 $ /sqft
1958 built
$2,900,000
Est. /mo with 20% down
$1,207/sqft · Tax $6,601/2024
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

Land Assembly! Area ready for redevelopment! 3 lots, totalling 23,424 square feet sold as a package. The draft Burnaby OCP 2050 designates these properties for lowrise 6 story apartment. Prime South Burnaby location close to Metrotown, BCIT, Highway 1,City Hall and Brentwood. The subject site with three very livable houses strategically located half a block from Willingdon Avenue, an artery running throughout Burnaby providing direct access to Highway 1.Great opportunity with a terrific upside.4965 and 5017 Pioneer Avenue to be sold in conjunction with 4949 Pioneer Avenue.

General Info

Price $2,900,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2402
Lot Size 7808
Lot Size Depth Feet
Lot Size Frontage 64
Basement Full
Basement Features -

Property Metrics

Year Built 1958
Age Of Building 68
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3023992
Building Name -
Area Burnaby South
Neighbourhood Forest Glen BS
City Burnaby
Postal Code V5G 3J5
Price per Sqft $1,207
Gross Taxes $6,600.97
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Open, Front Access
Total Parking Spaces 3
Listed by: Sutton Group-West Coast Realty & Sutton Group-West Coast 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
Chaffey-Burke Elementary School
Above Average
0.64 km
7.2/10
Secondary
Moscrop Secondary School
0.47 km

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
1.4 km
Elementary, Secondary
Deer Lake School
1.4 km

Closest Transit

Bus Stop
Northbound Willingdon Ave @ Grassmere St
0.09 km
Skytrain
Skytrain @ Patterson Stn
1.32 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
32.7%
No Certificate/Degree
Below Average
12.1%
Owner Occupied
Below Average
42.6%
Employment Rate
Average
63.2%

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 $550
Maintenance fee 0
Financing 80% of the $2,900,000 asking price over 30 years at 4% results in approximately $11,626/month in total estimated carrying costs, $550 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 $7,029/month in rental income, leaving a -$4,838/month cashflow at current carrying costs. Investors targeting break-even would need roughly 55% 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 $2,900,000
Burnaby Loading...
Forest Glen BS Loading...
2 comparable Single Family Residences are currently active in Forest Glen BS, with a median asking price of $2,900,000. This property is listed 0% below the local average and 59.6% above the Burnaby average.
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 5017 Pioneer Avenue, Burnaby, BC?

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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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