6441 Lougheed Hwy, Burnaby, BC

$3,400,000
Est. Mortgage /mo

MLS® R3001261

5 Beds
2 Baths
2220 sqft
1532 $ /sqft
1959 Built
$3,400,000
Est. /mo with 20% down
$1,532/sqft · Tax $4,645/2024
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

Prime Development Opportunity in Sperling-Burnaby Lake Station (City of Burnaby)! This strategically located property falls within Tier 3 of the Transit-Oriented Development (TOD) zoning, allowing for the construction of an 8-story building with a FAR of 3. 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 $3,400,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2220
Lot Size 7338.41
Lot Size Depth Feet
Lot Size Frontage 66
Basement Full
Basement Features -

Property Metrics

Year Built 1959
Age Of Building 66
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3001261
Building Name -
Area Burnaby North
Neighbourhood Parkcrest
City Burnaby
Postal Code V5B 3A1
Price per Sqft $1,532
Gross Taxes $4,644.73
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Electric, Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Garage Single, RV Access/Parking, Asphalt
Total Parking Spaces 5
Listed by: eXp Realty & 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 North Secondary School
1.76 km
Elementary
Parkcrest Elementary School
Above Average
0.85 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
Burnaby Montessori School
1.46 km
Elementary, Secondary
Deer Lake School
2.46 km

Closest Transit

Bus Stop
Eastbound Broadway @ Kensington Ave
0.28 km
Skytrain
Skytrain @ Sperling Stn
0.58 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
Possible
Railway/Sky train Noise
Possible
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 $387
Maintenance fee 0
Financing 80% of the $3,400,000 asking price over 30 years at 4% results in approximately $13,373/month in total estimated carrying costs, $387 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 $9,098/month in rental income, leaving a -$4,522/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% 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 $3,400,000
Burnaby Loading...
Parkcrest Loading...
There are currently no comparable Single Family Residences active in Parkcrest. The Burnaby-wide average for similar 5-bedroom properties is $1,795,592 (17 listings). This home is priced 89.4% above that 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 6441 Lougheed Highway, Burnaby, BC?

Is 6441 Lougheed Highway, Burnaby, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 6441 Lougheed Highway, Burnaby, BC?

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $20,575
0 of 17 missions
Your paragraph text

Sign up on Estateblock.com

$1,029 / 5%

Buy with us & save on this property

Book a tour

Please complete the form. We will the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent