15.8% price reduction

7279 Brdway, Burnaby, BC

$3,200,000
Est. Mortgage /mo

MLS® R3001991

7 Beds
3 Baths
3996 sqft
801 $ /sqft
1946 Built
$3,200,000
$3,800,000
Est. /mo with 20% down
$801/sqft · Tax $6,819/2023
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

15.8% price reduction

ATTENTION INVESTORS & BUILDERS! One of the BIGGEST lots in North Burnaby. Potential to build 4 homes on this property. Great holding lot. The property is 75' x 410', which is over 30,600 sq ft or over 2/3 of an acre. The house is nearly 4000 SF & can be used to rent while waiting for subdivision. In back is a separate two car garage. The value of this property is mainly in the land. Walking distance to Montecito Elementary & short bus ride to Burnaby North Secondary. Near to Shopping (Parkcrest Plaza), Lakecity Skytrain, highway, Kensington Sports Complex & very close to Burnaby Mountain Golf Course. PLEASE DO NOT WALK ON PROPERTY, call listing agent for a showing.

General Info

Price $3,200,000
Total Bedrooms 7
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 3996
Lot Size 30492
Lot Size Depth Feet
Lot Size Frontage 75
Basement Full
Basement Features -

Property Metrics

Year Built 1946
Age Of Building 80
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® # R3001991
Building Name -
Area Burnaby North
Neighbourhood Montecito
City Burnaby
Postal Code V5A 1S1
Price per Sqft $801
Gross Taxes $6,818.78
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type 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 Garage Double, Front Access, Asphalt
Total Parking Spaces 10
Listed by: Team 3000 Realty Ltd. & Team 3000 Realty Ltd.

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
2.4 km
Elementary
Montecito Elementary School
Average
0.35 km
6.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Burnaby Montessori School
2.23 km
Elementary, Secondary
Deer Lake School
3.21 km

Closest Transit

Bus Stop
Northbound Duthie Ave @ Broadway
0.15 km
Skytrain
Skytrain @ Sperling Stn
0.95 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
29.3%
No Certificate/Degree
Average
12.7%
Owner Occupied
Below Average
48.6%
Employment Rate
Above Average
68.1%

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 $568
Maintenance fee 0
A 20% down payment of $640,000 on this $3,200,000 listing yields an estimated mortgage of $12,222/month (30-year fixed, 4%). Total estimated housing cost: $12,790/month, $568 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%
With $8,633/month in estimated rental income against $13,023/month in mortgage payments, the monthly cashflow is -$4,390/month. A 49% down payment would reach break-even.
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 $3,200,000
Burnaby Loading...
Montecito Loading...
There are currently no active comparable Single Family Residences in Burnaby to benchmark against. Check back as new listings enter the market. This property is flagged as a Hot Deal (15.8% 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

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

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