7389 Kraft Cres, Burnaby, BC

$1,999,000
Est. Mortgage /mo

MLS® R3083359

4 Beds
3 Baths
2200 sqft
909 $ /sqft
1976 Built
$1,999,000
Est. /mo with 20% down
$909/sqft · Tax $7,197/2025
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

AN EXCEPTIONAL OPPORTUNITY FOR BUILDERS & INVESTORS IN THE HIGHLY DESIRABLE & AFFLUENT GOVERNMENT ROAD AREA! This 2300sf 4 bed + 3 bath home sits on a RARE 79' x 123' (approx 10,000sf) FLAT LOT w/ NO IMPEDING TREES & A RARE BACK EXPOSURE THAT OFFERS OPEN VIEWS & PRIVACY W/ NO HOMES LOOKING ON TO IT. Build your dream home or a multi-unit dwelling (currently approved for up to 4 units/3 storeys/10m in height). Just minutes to Metrotown, Lougheed Mall, Brentwood Mall, Costco & close to all other amenities incl. Burnaby Mtn Golf Course, Burnaby Lake Sports Complex, Burnaby Lake Park + much more! School catchments include HIGHLY RATED Seaforth Elementary, Montecito Elementary, Burnaby Mountain Secondary & Burnaby Central Secondary. Quick & easy access to HWY 1. To be sold "as is, where is"

General Info

Price $1,999,000
Total Bedrooms 4
Total Bathrooms 1
Half Bathrooms 2
Floor Area Total (sqft) 2200
Lot Size 9717
Lot Size Depth Feet
Lot Size Frontage 79
Basement Crawl Space
Basement Features -

Property Metrics

Year Built 1976
Age Of Building 50
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® # R3083359
Building Name -
Area Burnaby North
Neighbourhood Government Road
City Burnaby
Postal Code V5A 3P1
Price per Sqft $909
Gross Taxes $7,197.18
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Carport Multiple, Garage Single, Front Access
Total Parking Spaces 3
Listed by: Rennie & Associates 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 Mountain Secondary School
2.68 km
Elementary
École Seaforth Elementary
Above Average
0.97 km
7.7/10

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

Private Schools

Elementary
Burnaby Montessori School
2.1 km
Elementary, Secondary
Deer Lake School
2.96 km

Closest Transit

Bus Stop
Southbound Phillips Ave @ Government Rd
0.49 km
Skytrain
Skytrain @ Lake City Way Stn
0.71 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
39.6%
No Certificate/Degree
Below Average
9.9%
Owner Occupied
Below Average
46.4%
Employment Rate
Average
63.5%

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 $600
Maintenance fee 0
A 20% down payment of $399,800 on this $1,999,000 listing yields an estimated mortgage of $7,635/month (30-year fixed, 4%). Total estimated housing cost: $8,235/month, $600 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 $5,249/month in estimated rental income against $8,443/month in mortgage payments, the monthly cashflow is -$3,194/month. A 54% 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 $1,999,000
Burnaby Loading...
Government Road Loading...
This $1,999,000 listing sits 34.4% below the Government Road average of $3,049,500 for similar 4-bedroom Single Family Residences (2 active comparables).
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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