Maybe the best redevelopment opportunity in Burnaby! Right at the cross street of Royal Oak & Imperial. This expansive 6273 sqft south-facing lot is an exceptional MULTIPLEX 12 storey MID-RISE DEVELOPMENT OPPORTUNITY perfect for investors and builders alike. Located on Imperial St and Royal Oak (part of the new Royal Oak community plan) just steps from Royal Oak Skytrain Station, minutes from Metrotown, Easy access to public transit, Highgate village, Schools & Parks. The Property can be sold individually or packaged with 5277 Imperial St right next door. Don't miss this chance. Book your showing today.
General Info
Price
$2,249,000
Total Bedrooms
3
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
1464
Lot Size
6273
Lot Size Depth
Feet
Lot Size Frontage
0
Basement
Unfinished
Basement Features
-
Property Metrics
Year Built
1943
Age Of Building
83
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3080135
Building Name
-
Area
Burnaby South
Neighbourhood
Metrotown
City
Burnaby
Postal Code
V5J 1E5
Price per Sqft
$1,536
Gross Taxes
$7,828.41
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Fixtures Included
-
Heating & Cooling
Fireplace
-
Heating Type
Other
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer
Water (WaterSource)
Public
Parking
Parking Type
Additional Parking, Open
Total Parking Spaces
4
Rooms
Floor
Type
Dimensions
Main Level
Living Room
10' x 10' ft
Main Level
Kitchen
11' x 11' ft
Main Level
Bedroom
10' x 10' ft
Basement Level
Bedroom
20' x 20' ft
Main Level
Bedroom
10' x 10' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Below
No
#4
Listed by: 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
0.71 km
Elementary
Maywood Community School
Average
0.88 km
4.5/10
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
1.58 km
Elementary, Secondary
Deer Lake School
2.18 km
Closest Transit
Bus Stop
Westbound Beresford St @ Royal Oak Ave
0.25 km
Skytrain
Skytrain @ Royal Oak Stn
0.23 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average
Demographics
Post-Secondary Education
Above Average
33.6%
No Certificate/Degree
Average
12.7%
Owner Occupied
Average
72%
Employment Rate
Average
60.1%
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$652
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $9,242/month in total housing costs on this $2,249,000 property — $8,590 mortgage payment, $652 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 $5,678/month estimated rent and $9,444/month in total housing costs, this property has a -$3,766/month cashflow. Break-even down payment: approximately 56%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$2,249,000
Burnaby
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Metrotown
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No active comparables are currently available for this property type in Burnaby. Pricing context may be limited at this time. This property is flagged as a Hot Deal (10.0% price reduction) 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 5263 Imperial Street, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Maywood Community School.
Is 5263 Imperial Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5263 Imperial Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $13,494.
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