Claire Group is excited to present investors with a unique redevelopment opportunity for this 0.60 -acres parcel in Burnaby. Buyers benefit from a redevelopment application at third reading for 21 townhouses with 1 level of underground parking. The city's OCP designated these properties as Low Rise Apartment 2, allowing for a rental building up to 6 stories. Buyers should consult with the City of Burnaby with any inquiries.
General Info
Price
$5,800,000
Total Bedrooms
-
Total Bathrooms
-
Half Bathrooms
-
Floor Area Total (sqft)
-
Lot Size
26280.32
Lot Size Depth
Feet
Lot Size Frontage
131
Basement Features
-
Property Metrics
Year Built
-
Age Of Building
-
Building Type
-
Property Type
Land
Stories
-
Building Features
-
Structures
Land Only
Additional Details
MLS® #
R3089233
Building Name
-
Area
Burnaby East
Neighbourhood
Edmonds BE
City
Burnaby
Postal Code
V3N 1Z8
Price per Sqft
-
Gross Taxes
$15,275.41
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Near Shopping
Fixtures Included
-
Heating & Cooling
Fireplace
-
Utilities
Utility Type
Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource)
Public
Parking
Total Parking Spaces
-
Listed by: RE/MAX Real Estate Services
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
1.26 km
Elementary
Twelfth Avenue Elementary School
Average
0.54 km
6.2/10
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
0.49 km
Secondary
St.Thomas More Collegiate
0.35 km
Closest Transit
Bus Stop
Eastbound 14 Ave @ Kingsway
0.17 km
Skytrain
Skytrain @ Edmonds Stn
1.42 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average
Demographics
Post-Secondary Education
Below Average
25.8%
No Certificate/Degree
Above Average
16.3%
Owner Occupied
Average
69.7%
Employment Rate
Above Average
73.6%
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$1,273
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $23,425/month in total housing costs on this $5,800,000 property — $22,152 mortgage payment, $1,273 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%
Based on $12,887/month estimated rent and $23,787/month in total housing costs, this property has a -$10,900/month cashflow. Break-even down payment: approximately 60%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$5,800,000
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.
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 7447 - 7453 14th Avenue, Burnaby, BC?
The closest top-rated schools are Byrne Creek Community School and Twelfth Avenue Elementary School.
Is 7447 - 7453 14th Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7447 - 7453 14th Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $34,800.
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