4701 Ridgelawn Dr, Burnaby, BC, MLS® R2997274

$5,500,000
Est. Mortgage /mo

$5,500,000
Est. Mortgage /mo
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
4 Beds
2 Baths
2 Stories
lot 7168 sqft
2779 sqft
1955 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

4701 Ridgelawn Dr, Burnaby, BC | MLS® R2997274 Property Details

Approx. 7,168 corner lots in Burnaby Brentwood area. Located on the corner of Beta Ave and Ridgelawn Dr with old house built in 1955. On the opposite of Brentwood Town Centre, easy access to Vancouver East & West and North Vancouver through Hwy No.1 & 7. Under R1 residential zone, less than 800m far from Brentwood Town Centre station, together with neighbor property for approx. 14,428 SqFt land assembly, potential for 4 FSR and 12 stories development. École Alpha Secondary School, Brentwood Park and Kitchener Elementary, Brentwood Park, and Willingdon Heights Park all around. A rare opportunity for people who are looking for a new community development. Call now for more information!

General Info

Price $5,500,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2779
Lot Size 7168
Lot Size Depth Feet
Lot Size Frontage 72
Basement Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1955
Age Of Building 70
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2997274
Area Burnaby North
Neighbourhood Brentwood Park
City Burnaby
Gross Taxes $6,381.28
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Garage Double
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX City Realty & RE/MAX City 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 Info

Public Schools

Secondary
Alpha Secondary School
0.93 km
Elementary
Brentwood Park Elementary School
Above Average
0.53 km
7.5/10

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

Private Schools

Elementary
Holy Cross Elementary School
0.55 km
Secondary
Whytecliff Agile Learning Centre (Burnaby)
2.44 km

Closest Transit

Bus Stop
Eastbound Brentlawn Dr @ Beta Ave
0.09 km
Skytrain
Skytrain @ Brentwood Stn
0.42 km

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

Welcome to 4701 Ridgelawn Drive, a beautiful property located in the heart of Burnaby, BC. This stunning home is listed under MLS® R2997274, and I'm thrilled to give you a tour of this amazing community.

As we step into this vibrant neighborhood, you'll notice that it's serviced by the highly-rated Brentwood Park Elementary School, which is just a short 0.53 km from our property. With a rating of 7.5/10, families love this school for its excellent education and warm community spirit. Just down the road, you'll also find Alpha Secondary School, which is a mere 0.93 km from our home. This school has a rating of No Rating, but it's known for its diverse student body and excellent extracurricular programs.

For families who prefer independent schools, we're conveniently close to Holy Cross Elementary School, which boasts a perfect 10/10 rating. Located just 0.55 km from our property, this school is a popular choice among families who value its strong academic programs and nurturing environment. For secondary education, we're also close to Whytecliff Agile Learning Centre (Burnaby), which has a rating of No Rating and offers a unique, student-centered approach to learning.

Now, let's talk about the safety of our neighborhood. According to the latest crime statistics from Statistics Canada (2020), our community has a Below Average crime rate compared to other Canadian cities. With 15,851 reported disturbances and an overall crime rate of 6,145.56 (incidents per 100,000 population), you can rest assured that our neighborhood is a safe and secure place to call home. The year-over-year change in the total crime rate is a notable -11.13%, indicating a trend of decreasing crime in our area.

When it comes to property crimes, our neighborhood has an Average rating, with 9,522 incidents reported in 2020. The property misconduct rate is 3,691.76, which is a slight decrease from previous years (-17.54%). Drug-related crimes are also Below Average, with 326 incidents reported in 2020. The year-over-year change in the illegal substances offenses ranking is a modest 2.35%. Violent crimes, on the other hand, are Low, with 2,304 incidents reported in 2020. This is a reassuring statistic, especially for families with children.

Getting around is also easy, with the closest bus station, Eastbound Brentlawn Dr @ Beta Ave, just 0.09 km from our property. This convenient location makes it simple to get to work, school, or enjoy the many amenities our city has to offer.

Now, let's take a look at the demographics of our neighborhood. With 22.5% of the population holding a university certificate or degree, our community is Above Average compared to other BC neighborhoods. On the other hand, 16.5% of the population have no certificate or degree, which is Average compared to the provincial average.

In terms of income, the median household income in our neighborhood is a respectable $81,280, which is Above Average compared to the British Columbia average. However, the median personal income is lower, at $30,395, which is Below Average. Interestingly, 43.5% of households in our neighborhood have a mortgage, which is a Low percentage.

Unemployment rates in our area are also notable, with a rate of 6%, which is Below Average compared to other province neighborhoods.

Our neighborhood is experiencing Average population growth, with a 0.6% change between 2011 and 2016. This is a steady trend, indicating a stable community.

In terms of population density, our neighborhood has a High population per square kilometer, with 3,671.8 people per sq.km. This is a bustling community, but our property is situated in a convenient location, making it easy to access amenities and transportation.

Family dynamics are also an important aspect of our neighborhood. With an Average family size of 2.9, our community is a great place to raise a family. The percentage of families with children is a notable 65.1%, which is Above Average. Married or living common law couples make up 58.5% of our population, which is Average.

The average age of our population is 42.4 years, which is Average compared to other BC cities.

When it comes to housing, the average value of dwellings in our neighborhood is a substantial $1,463,523, which is High compared to other areas in British Columbia. Owner payments are also Above Average, with an average spend of $1,542 per month. Tenants, on the other hand, pay an average of $1,146 per month, which is Above Average.

Finally, let's talk about transportation. With 25.6%

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,500,000
Burnaby $1,911,100
Brentwood Park $1,953,267
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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