Exceptional development opportunity in Burnaby’s desirable Royal Oak Urban Village! This 66 x 102 ft (6,732 SF), south-facing corner lot is just one block from Royal Oak SkyTrain Station, offering excellent exposure and transit access. Zoned M4 Special Industrial, it supports various light industrial uses and is designated for Medium Density Mixed Use 12 storeys mid-rise under the Royal Oak Community Plan. Contact Listing Agents for further details.
General Info
Price
$2,999,000
Total Bedrooms
-
Total Bathrooms
-
Half Bathrooms
-
Floor Area Total (sqft)
-
Lot Size
6561
Lot Size Depth
Feet
Lot Size Frontage
64.12
Basement Features
-
Property Metrics
Year Built
-
Age Of Building
-
Building Type
-
Property Type
Land
Stories
-
Building Features
-
Structures
Land Only
Additional Details
MLS® #
R2997235
Building Name
-
Area
Burnaby South
Neighbourhood
Metrotown
City
Burnaby
Postal Code
V5J 1L6
Price per Sqft
-
Gross Taxes
$5,216.22
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Near Shopping
Fixtures Included
-
Heating & Cooling
Fireplace
-
Utilities
Utility Type
Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone At Lot Line, Cable At Lot Line
Water (WaterSource)
Public
Parking
Total Parking Spaces
-
Listed by: eXp Realty & eXp 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
0.55 km
Elementary
Maywood Community School
Average
1.12 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
1.33 km
Elementary, Secondary
Deer Lake School
2.28 km
Closest Transit
Bus Stop
Northbound Antrim Ave @ Victory St
0.24 km
Skytrain
Skytrain @ Royal Oak Stn
0.30 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
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$435
Maintenance fee0
Financing 80% of the $2,999,000 asking price over 30 years at 4% results in approximately $11,889/month in total estimated carrying costs, $435 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 $7,269/month in rental income, leaving a -$4,869/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
$2,999,000
Burnaby
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Metrotown
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Comparable data is unavailable at the neighbourhood level. City-wide in Burnaby, similar Lands average $2,945,222 across 4 active listings — this listing is 1.8% 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 5507 Dorset Street, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Maywood Community School.
Is 5507 Dorset Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5507 Dorset Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $17,994.
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