REDEVELOPMENT POTENTIAL. Either DUPLEX Or 4PLEX R1 Zone, under the new SSMUHD Residential Units, please check with the City of Burnaby. Large lot 66 x 115. Lot value, this house is in good condition and can be lived in or rented out while waiting for building permits. Large fenced southern exposed back garden. Walking distance to all levels of schools, parks, community centre, Highgate shops and skytrain.
General Info
Price
$1,825,000
Total Bedrooms
3
Total Bathrooms
1
Half Bathrooms
0
Floor Area Total (sqft)
1540
Lot Size
7590
Lot Size Depth
Feet
Lot Size Frontage
66
Basement
Unfinished
Basement Features
-
Property Metrics
Year Built
1918
Age Of Building
108
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3023636
Building Name
-
Area
Burnaby East
Neighbourhood
Edmonds BE
City
Burnaby
Postal Code
V3N 1N5
Price per Sqft
$1,185
Gross Taxes
$6,670.17
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Fixtures Included
-
Heating & Cooling
Fireplace
1
Heating Type
Forced Air
Utilities
Utility Type
Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer
Water (WaterSource)
Public, Sandpoint
Parking
Parking Type
Open, Front Access, Concrete
Total Parking Spaces
-
Rooms
Floor
Type
Dimensions
Main Level
Living Room
16' x 16' ft
Main Level
Dining Room
13'3 x 13'3 ft
Main Level
Kitchen
13'3 x 13'3 ft
Main Level
Foyer
11'3 x 11'3 ft
Main Level
Primary Bedroom
10'7 x 10'7 ft
Main Level
Utility
9' x 9' ft
Above Level
Bedroom
13'4 x 13'4 ft
Above Level
Recreation Room
13'3 x 13'3 ft
Above Level
Bedroom
10'9 x 10'9 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
Listed by: Sutton Group-West Coast 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
0.85 km
Elementary
Stride Avenue Community School
0.62 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
0.96 km
Secondary
St.Thomas More Collegiate
0.8 km
Closest Transit
Bus Stop
Westbound 14 Ave @ 15 St
0.2 km
Skytrain
Skytrain @ Edmonds Stn
0.81 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
12.9%
Owner Occupied
Above Average
79.9%
Employment Rate
Above Average
67.8%
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$556
Maintenance fee0
Based on a 30-year fixed at 4% interest with 20% down ($365,000), the estimated monthly payment for this listing is $7,526/month — $6,970 principal & interest, $556 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%
At an estimated rental income of $4,792/month, this property runs a $2,924/month shortfall after mortgage and carrying costs. Break-even requires approximately 54% 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
$1,825,000
Burnaby
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Edmonds BE
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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 (8.5% 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 7240 16th Avenue, Burnaby, BC?
The closest top-rated schools are Byrne Creek Community School and Stride Avenue Community School.
Is 7240 16th Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7240 16th Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,950.
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