ATTENTION DEVELOPERS! Prime opportunity on a massive 9,871 sq ft lot (68’ x 145’) with R1 zoning, allowing potential for a duplex, triplex, or fourplex development with up to 45% lot coverage for a 4-unit project (buyer to verify with City of Burnaby). This exceptional property backs onto Frogger’s Creek Ravine Park, offering peaceful forest and nature views. Walk to Alta Vista Park, Frogger’s Creek Park & Playground, Buy-Low Foods, Anytime Fitness, Subway, and other shops and dining. Minutes to Riverway Sports Complex & Golf Course, Michael J. Fox Theatre, Cactus Club, Canadian Tire, Save-On-Foods, Starbucks, Cobs Bread, Winners, and more. Only a 5-minute drive to Metrotown. School Catchments: Nelson Elementary & Burnaby South Secondary; French: Marlborough Elementary & Moscrop Secondary.
General Info
Price
$2,099,000
Total Bedrooms
3
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
1451
Lot Size
9871.58
Lot Size Depth
Feet
Lot Size Frontage
68.01
Basement
Unfinished
Basement Features
-
Property Metrics
Year Built
1947
Age Of Building
79
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Appliances Included
Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3095581
Building Name
-
Area
Burnaby South
Neighbourhood
South Slope
City
Burnaby
Postal Code
V5J 4H7
Price per Sqft
$1,447
Gross Taxes
$7,085.51
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Heating & Cooling
Fireplace
0
Heating Type
Forced Air
Utilities
Utility Type
Community
Utility Sewer
Public Sewer
Water (WaterSource)
Public
Parking
Parking Type
Open, Front Access
Total Parking Spaces
6
Rooms
Floor
Type
Dimensions
Main Level
Living Room
10' x 10' ft
Main Level
Dining Room
10' x 10' ft
Main Level
Kitchen
10' x 10' ft
Above Level
Bedroom
10' x 10' ft
Above Level
Bedroom
10' x 10' ft
Above Level
Bedroom
10' x 10' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
Above Level
No
#3
Listed by: RE/MAX Crest 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 South Secondary School
0.74 km
Elementary
Nelson Elementary School
Average
0.62 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
St. Francis de Sales
2.06 km
Elementary, Secondary
Deer Lake School
3.5 km
Closest Transit
Bus Stop
Northbound Nelson Ave @ McKee Place
0.24 km
Skytrain
Skytrain @ Royal Oak Stn
1.08 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average
Demographics
Post-Secondary Education
Average
32.4%
No Certificate/Degree
Average
13.3%
Owner Occupied
Below Average
50.3%
Employment Rate
Average
63.8%
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$590
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $8,607/month in total housing costs on this $2,099,000 property — $8,017 mortgage payment, $590 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 $5,299/month estimated rent and $8,795/month in total housing costs, this property has a -$3,496/month cashflow. Break-even down payment: approximately 55%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$2,099,000
Burnaby
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South Slope
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No active comparables were found in South Slope. Based on 2 similar Single Family Residences across Burnaby, the average asking price is $1,953,000 — this listing is 7.5% above 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 8061 Mcgregor Avenue, Burnaby, BC?
The closest top-rated schools are Burnaby South Secondary School and Nelson Elementary School.
Is 8061 Mcgregor Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 8061 Mcgregor Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $12,594.
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