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
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 fee0
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 Payment0%
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
This Home
$2,900,000
Burnaby
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Forest Glen BS
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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?
The closest top-rated schools are Chaffey-Burke Elementary School and Moscrop Secondary School.
Is 5017 Pioneer Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5017 Pioneer Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $17,400.
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