Welcome to 7247 Barnet Road – stunning inlet and ocean views meet exceptional development potential. This renovated home sits on a generous lot with back lane access. The main residence features modern updates with large windows showcasing panoramic water vistas. A potential for a one-bedroom basement suite provides mortgage-helper income. The real value lies in development potential. Substantial lot size plus back lane access positions this perfectly for future subdivision or multi-family development. Prime location delivers: quick highway access via Hastings, minutes to SFU, Lougheed Town Centre, and transit. Perfect for owner-users seeking views and space, or investors planning for tomorrow's upside.
General Info
Price
$1,749,000
Total Bedrooms
4
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
1695
Lot Size
6500
Lot Size Depth
Feet
Lot Size Frontage
50
Basement
Full
Basement Features
-
Property Metrics
Year Built
1949
Age Of Building
77
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® #
R3089270
Building Name
-
Area
Burnaby North
Neighbourhood
Westridge BN
City
Burnaby
Postal Code
V5A 1E3
Price per Sqft
$1,032
Gross Taxes
$5,944.25
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
0
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)
Public
Parking
Parking Type
Lane Access, Rear Access
Total Parking Spaces
3
Rooms
Floor
Type
Dimensions
Main Level
Bedroom
11'2 x 11'2 ft
Main Level
Primary Bedroom
14'5 x 14'5 ft
Main Level
Living Room
16'6 x 16'6 ft
Main Level
Kitchen
9'3 x 9'3 ft
Below
Laundry
11'8 x 11'8 ft
Below
Bedroom
12'4 x 12'4 ft
Below
Kitchen
8'4 x 8'4 ft
Below
Living Room
6'11 x 6'11 ft
Below
Bedroom
12'5 x 12'5 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
Below
No
#3
Listed by: RE/MAX Heights 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
1.64 km
Elementary
Westridge Elementary School
Above Average
0.91 km
7.2/10
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
3.2 km
Elementary, Secondary
Lions Gate Christian Academy
4.35 km
Closest Transit
Bus Stop
Southbound Inlet Dr @ Bayview Dr
0.22 km
Skytrain
Skytrain @ Sperling Stn
2.97 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average
Demographics
Post-Secondary Education
Average
29.9%
No Certificate/Degree
Below Average
11.5%
Owner Occupied
Below Average
49.1%
Employment Rate
Average
63.9%
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$495
Maintenance fee0
Financing 80% of the $1,749,000 asking price over 30 years at 4% results in approximately $7,175/month in total estimated carrying costs, $495 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 $5,792/month in rental income, leaving a -$1,565/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% 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
$1,749,000
Burnaby
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Westridge BN
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No active comparables were found in Westridge BN. Based on 3 similar Single Family Residences across Burnaby, the average asking price is $1,723,000 — this listing is 1.5% above the city-wide 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 7247 Barnet Road, Burnaby, BC?
The closest top-rated schools are Burnaby North Secondary School and Westridge Elementary School.
Is 7247 Barnet Road, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7247 Barnet Road, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,494.
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