Investors, Builders & Developers looking for a property in the desirable Edmonds corridor. A half block off of Edmonds at Mary Ave. A short walk to shopping, transit and local schools. Currently a well cared for 1950s rancher (1721 sq ft 3 bed & 2 bath) with sunny WEST facing rear gardens & patios. Move in and enjoy for the short term. Long term development potential, as the OCP allows for R4 zoning (6 stories - tbc). The adjacent lot (7237 Mary Ave) is empty & owned by the City of Burnaby.
General Info
Price
$1,899,000
Total Bedrooms
3
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
1721
Lot Size
7524
Lot Size Depth
Feet
Lot Size Frontage
57
Basement
Crawl Space
Basement Features
-
Property Metrics
Year Built
1950
Age Of Building
76
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Rancher/Bungalow
Stories
1
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3089858
Building Name
-
Area
Burnaby South
Neighbourhood
Highgate
City
Burnaby
Postal Code
V5E 3K6
Price per Sqft
$1,103
Gross Taxes
$6,226.22
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Heating & Cooling
Fireplace
2
Heating Type
Forced Air, Natural Gas
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Community
Parking
Parking Type
Garage Single, Other, Rear Access, Side Access, Asphalt
Total Parking Spaces
4
Rooms
Floor
Type
Dimensions
Main Level
Living Room
14'8 x 14'8 ft
Main Level
Kitchen
9'10 x 9'10 ft
Main Level
Dining Room
7'3 x 7'3 ft
Main Level
Eating Area
9'10 x 9'10 ft
Main Level
Family Room
18'3 x 18'3 ft
Main Level
Primary Bedroom
12'6 x 12'6 ft
Main Level
Bedroom
9'1 x 9'1 ft
Main Level
Bedroom
12'6 x 12'6 ft
Main Level
Laundry
5'2 x 5'2 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
Main Level
Yes
#4
Listed by: Sutton Group Seafair Realty & Sutton Group Seafair Realty & Sutton Group Seafair 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
Byrne Creek Community School
1.65 km
Elementary
Edmonds Community School
0.24 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Our Lady of Mercy School
1.09 km
Secondary
St.Thomas More Collegiate
0.95 km
Closest Transit
Bus Stop
Westbound Edmonds St @ Mary Ave
0.06 km
Skytrain
Skytrain @ Edmonds Stn
1.50 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average
Demographics
Post-Secondary Education
Below Average
26.8%
No Certificate/Degree
Above Average
16.9%
Owner Occupied
Average
62.9%
Employment Rate
Average
62.1%
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$519
Maintenance fee0
Financing 80% of the $1,999,000 asking price over 30 years at 4% results in approximately $8,154/month in total estimated carrying costs, $519 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 $5,249/month in rental income, leaving a -$3,113/month cashflow at current carrying costs. Investors targeting break-even would need roughly 53% 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
$1,999,000
Burnaby
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Highgate
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This listing has no active comparable properties in Burnaby at present. The price evaluation chart will update as similar listings become available.
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 7217 Mary Avenue, Burnaby, BC?
The closest top-rated schools are Byrne Creek Community School and Edmonds Community School.
Is 7217 Mary Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7217 Mary Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $11,994.
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