Welcome to this truly unique property offering stunning ocean views and an exceptional income-generating opportunity! The solid 1950s structure boasts new double-glazed windows, and modern vinyl plank flooring throughout. Its layout is a rental dream, featuring a highly versatile floor plan currently set up for multi-family living with up to six bedrooms, three full baths, and the potential for three separate living units, each with its own laundry. Enjoy low-maintenance outdoor space with a lush mature garden. Nestled on an expansive lot with expansion potential. Conveniently located near Simon Fraser University and public transit makes the commute to Vancouver or Coquitlam a breeze. BONUS extra public parking nearby. This home is a rare find!
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3073475
Building Name
-
Area
Burnaby North
Neighbourhood
Westridge BN
City
Burnaby
Postal Code
V5A 1C4
Price per Sqft
$839
Gross Taxes
$5,347.85
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
1
Heating Type
Forced Air
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
Carport Multiple, Guest, Lane Access
Total Parking Spaces
3
Rooms
Floor
Type
Dimensions
Main Level
Living Room
13'2 x 13'2 ft
Main Level
Dining Room
9'2 x 9'2 ft
Main Level
Kitchen
14'3 x 14'3 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Basement
No
#4
Basement
No
#4
Listed by: Royal LePage Brent Roberts 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
1.72 km
Elementary
Westridge Elementary School
Above Average
1.03 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
3.28 km
Elementary, Secondary
Lions Gate Christian Academy
4.24 km
Closest Transit
Bus Stop
Southbound Inlet Dr @ Bayview Dr
0.06 km
Skytrain
Skytrain @ Sperling Stn
3.12 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
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$446
Maintenance fee0
A 20% down payment of $357,776 on this $1,788,880 listing yields an estimated mortgage of $6,832/month (30-year fixed, 4%). Total estimated housing cost: $7,278/month, $446 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%
With $5,897/month in estimated rental income against $7,464/month in mortgage payments, the monthly cashflow is -$1,567/month. A 39% 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
This Home
$1,788,880
Burnaby
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Westridge BN
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No active comparables were found in Westridge BN. Based on 9 similar Single Family Residences across Burnaby, the average asking price is $1,817,293 — this listing is 1.6% below 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 7288 Inlet Drive, Burnaby, BC?
The closest top-rated schools are Burnaby North Secondary School and Westridge Elementary School.
Is 7288 Inlet Drive, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7288 Inlet Drive, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,733.
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