6.3% price reduction
Offered for the first time in over 50 years, this property is on a generous 7,000 sqft lot in a highly central sought after location. Situated within the 400m Transit-Oriented Development (TOD) zone, it presents exceptional future potential under Burnaby’s new Official Community Plan. It emphasizes increased density & transit focused growth, whether you restore the existing structure, invest for the long term, or build your dream 4 plex. The current home is best suited for redevelopment, prospective buyers are encouraged to verify all development possibilities directly with the City of Burnaby. Positioned just steps from the SkyTrain, shopping, recreation, the YMCA, and everyday amenities, this is a rare opportunity to secure a prime piece of land in a rapidly evolving neighborhood.
General Info
Property Metrics
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Kitchen | 10'0 x 10'0 ft |
| Main Level | Living Room | 10'0 x 10'0 ft |
| Basement Level | Bedroom | 10'0 x 10'0 ft |
| Basement Level | Bedroom | 10'0 x 10'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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Welcome to 2529 Larkin Court, a beautiful home in the heart of Burnaby, BC. I'm excited to take you on a tour of this fantastic neighborhood and share some valuable insights about the community.
Education
As we walk through the neighborhood, you'll notice that we're surrounded by top-notch schools. Lyndhurst Elementary School is just a stone's throw away, located at 0.24 km from our home with MLS® R3053012. This school has a reputation for excellence, and families love it for its supportive environment and dedicated teachers. In fact, Lyndhurst Elementary School is one of the highly-rated schools in the area, and we're thrilled to have it nearby.
Of course, Burnaby Mountain Secondary School is also within our vicinity, located at 1.36 km from our home. This school is known for its strong academic programs and extracurricular activities, making it an excellent choice for students of all interests and abilities.
For families who prefer independent education, the closest Elementary independent school is Mediated Learning Academy, located at 0.71 km from our home. This school offers a unique approach to learning, focusing on individualized instruction and small class sizes. Similarly, the closest Secondary independent school is also Mediated Learning Academy, located at 0.71 km from our home.
Safety
As we explore the neighborhood, you'll be pleased to know that we have a below-average crime rate compared to other Canadian cities. According to the latest statistics from Statistics Canada (2020), our neighborhood has a crime rate of 6,145.56 incidents per 100,000 population. This is a testament to the strong sense of community and tight-knit relationships among our neighbors.
Let's take a closer look at the crime statistics. Our neighborhood has a below-average rate of drug-related offenses, with a rating of 126.78 compared to other neighborhoods. We also have an average rate of property crimes, with a rating of 3,691.76. However, we're pleased to note that our violent crime rate is low, with a rating of 893.28, making our neighborhood a safe haven for families and individuals alike.
Demographics
As we delve into the demographics of our neighborhood, you'll discover that we have a diverse and vibrant community. According to the latest census data, 33.7% of our residents hold a university certificate or degree, which is above average compared to other BC neighborhoods. Conversely, only 10.4% of our population has no certificate or degree, making our neighborhood a great place for families who value education.
Our neighborhood is also known for its high median household income, with $85,760 being the average household income. This is above average compared to other British Columbia neighborhoods. Additionally, our median personal income is $37,696, which is also above average. Furthermore, 66.1% of our households have a mortgage, which is above average.
Transit
As we explore the neighborhood, you'll notice that we have excellent public transportation options. The closest bus station is Eastbound Como Lake Ave @ North Rd, located at 0.27 km from our home with MLS® R3053012. This makes it easy for residents to commute to work, school, or run errands without the need for a car.
Lifestyle Amenities
Our neighborhood is surrounded by an abundance of lifestyle amenities, making it an ideal place to live, work, and play. We have beautiful parks and trails, including Burnaby Park and Mountain View Trail, perfect for outdoor enthusiasts. We also have a variety of shopping centers, including Brentwood Town Centre and Lougheed Town Centre, offering a range of shopping and dining options.
In addition to our excellent schools and safety record, our neighborhood is also known for its vibrant community spirit. We have a variety of community events and festivals throughout the year, making it easy to get involved and meet new people.
Real Estate Context
As we explore the real estate market in our neighborhood, you'll discover that we have a range of properties to choose from. The average value of dwellings in our neighborhood is $707,075, which is high compared to other areas in British Columbia. This makes our neighborhood an attractive choice for families and individuals looking for a beautiful home in a safe and welcoming community.
In terms of ownership and renting, 19.9% of our population are renters, which is average compared to other BC cities and areas. However, our average owner payments are above average, with $1,402 being the average monthly payment for homeowners. Conversely, tenants are paying $1,328 per month, which is also high compared to other cities.
Language and Transportation
As we explore the language and transportation options in our neighborhood, you'll discover that we have a diverse community with a range of languages spoken. However, 90.8% of our
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