Look towards the future – Redevelopment site! This 17,195 sq. ft. corner lot with 2,103 Sq Ft home, features frontage on Broadway, Camrose Drive, and a rear lane offers exceptional access and design flexibility. Currently zoned R1, the City of Burnaby has confirmed subdivision potential into three lots with multi-plex. Longer term, with assembly the property falls within new OCP plans for low-rise condos, with possible consideration for townhomes through variance. Outstanding location directly across from Burnaby Mountain Golf Course, close to schools, parks, transit, Brentwood and SFU. A rare chance to secure a site with both immediate subdivision potential and strong long-term redevelopment upside. Buyer to verify all future potential with City if important.
General Info
Price
$2,950,000
Total Bedrooms
4
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
2103
Lot Size
17195
Lot Size Depth
Feet
Lot Size Frontage
102
Basement
Crawl Space, Full
Basement Features
-
Property Metrics
Year Built
1938
Age Of Building
88
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
3 Level Split
Stories
3
Appliances Included
Washer/Dryer, Refrigerator
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3079455
Building Name
-
Area
Burnaby North
Neighbourhood
Montecito
City
Burnaby
Postal Code
V5A 1S4
Price per Sqft
$1,403
Gross Taxes
$9,632.78
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
3
Heating Type
Forced Air, Natural Gas
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
Other, Side Access, Asphalt
Total Parking Spaces
4
Rooms
Floor
Type
Dimensions
Main Level
Kitchen
12'7 x 12'7 ft
Main Level
Dining Room
9'7 x 9'7 ft
Main Level
Living Room
19'6 x 19'6 ft
Main Level
Storage
9'8 x 9'8 ft
Main Level
Family Room
9'0 x 9'0 ft
Above Level
Primary Bedroom
13'0 x 13'0 ft
Above Level
Bedroom
13'4 x 13'4 ft
Above Level
Bedroom
13'4 x 13'4 ft
Above Level
Other
22'11 x 22'11 ft
Basement Level
Foyer
9'2 x 9'2 ft
Basement Level
Recreation Room
12'0 x 12'0 ft
Basement Level
Bedroom
12'5 x 12'5 ft
Basement Level
Mud Room
9'0 x 9'0 ft
Bathrooms
Floor
Ensuite
Pieces
Basement
No
#3
Above Level
No
#5
Listed by: Macdonald Realty (Delta)
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
2.73 km
Elementary
Montecito Elementary School
Average
0.63 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
2.56 km
Elementary, Secondary
Deer Lake School
3.51 km
Closest Transit
Bus Stop
Northbound Duthie Ave @ Broadway
0.58 km
Skytrain
Skytrain @ Lake City Way Stn
0.86 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$803
Maintenance fee0
Financing 80% of the $2,950,000 asking price over 30 years at 4% results in approximately $12,070/month in total estimated carrying costs, $803 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 $7,150/month in rental income, leaving a -$5,165/month cashflow at current carrying costs. Investors targeting break-even would need roughly 57% 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
$2,950,000
Burnaby
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Montecito
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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 7492 Broadway, Burnaby, BC?
The closest top-rated schools are Burnaby North Secondary School and Montecito Elementary School.
Is 7492 Broadway, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7492 Broadway, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $17,700.
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