Prime Development Opportunity in Holdom Skytrain (City of Burnaby)! This strategically located property falls within Tier 1 of the Transit-Oriented Development (TOD) zoning, allowing for the construction of an 20-story building with a FAR of 5.0 . Centrally situated with easy access to highways, shops, and Brentwood Town Centre, this site is ideal for a visionary developer. Don't miss this chance to capitalize on Burnaby's thriving real estate market and the growing demand for transit-oriented living.
General Info
Price
$5,410,000
Total Bedrooms
3
Total Bathrooms
1
Half Bathrooms
0
Floor Area Total (sqft)
2406
Lot Size
7214.5
Lot Size Depth
Feet
Lot Size Frontage
61
Basement
Full, Finished
Basement Features
-
Property Metrics
Year Built
1957
Age Of Building
68
Building Type
Single Family Residence
Property Type
Residential
Stories
1
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3051068
Building Name
-
Area
Burnaby North
Neighbourhood
Parkcrest
City
Burnaby
Postal Code
V5B 2X8
Price per Sqft
$2,249
Gross Taxes
$5,900.19
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
1
Heating Type
Forced Air
Utilities
Utility Type
Community, Natural Gas Connected, Water Connected
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 North Secondary School
1.47 km
Elementary
Parkcrest Elementary School
Above Average
0.54 km
7.6/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Holy Cross Elementary School
0.77 km
Elementary, Secondary
Deer Lake School
2.78 km
Closest Transit
Bus Stop
Northbound Holdom Ave @ Sumas St
0.16 km
Skytrain
Skytrain @ Holdom Stn
0.23 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average
Demographics
Post-Secondary Education
Average
31.9%
No Certificate/Degree
Average
12.9%
Owner Occupied
Below Average
52.8%
Employment Rate
Average
64.3%
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$492
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $21,155/month in total housing costs on this $5,410,000 property — $20,663 mortgage payment, $492 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 $12,021/month estimated rent and $21,493/month in total housing costs, this property has a -$9,472/month cashflow. Break-even down payment: approximately 57%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$5,410,000
Burnaby
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Parkcrest
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Among 3 similar active listings in Parkcrest, the average price is $3,103,333. At $5,410,000, this listing is priced 74.3% above the local average and 79.1% above the city-wide benchmark.
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 5531 Broadway Street, Burnaby, BC?
The closest top-rated schools are Burnaby North Secondary School and Parkcrest Elementary School.
Is 5531 Broadway Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5531 Broadway Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $32,460.
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