5540 Parker St, Burnaby, BC | MLS^® R2997410 Property Details

Welcome to this well-maintained, income-generating home in a quiet, family-friendly neighborhood. The main floor offers 3 bright and spacious bedrooms, a comfortable living/dining area, and a functional kitchen—perfect for everyday family living. The fully separate 3-bedroom basement suite with its own entrance provides an excellent mortgage helper or space for extended family. This property offers exceptional versatility for investors or multi-generational households. Conveniently located near schools, parks, and public transit, it’s ideal for both homeowners and tenants alike. Don’t miss this rare opportunity to own a home that offers both comfort and strong rental income potential!

General Info

Price $1,890,000

Total Bedrooms 6

Total Bathrooms 2

Half Bathrooms 1

Floor Area Total (sqft) 2178

Lot Size 7380

Lot Size Depth Feet

Lot Size Frontage 60

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1970

Age Of Building 55

Building Type Single Family Residence

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R2997410

Area Burnaby North

Neighbourhood Parkcrest

City Burnaby

Gross Taxes $5,425.42

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace 2

Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single, Garage Door Opener

Total Parking Spaces 3

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Strata Restrictions -

Rental Restrictions -

Zoning R1

Rental Suites Unauthorized Suite

# of Kitchens 2

Flooring Laminate, Tile

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6'2 x 6'2 ft
Main Level	Living Room	19'3 x 19'3 ft
Main Level	Dining Room	11'9 x 11'9 ft
Main Level	Kitchen	14'6 x 14'6 ft
Main Level	Pantry	2'1 x 2'1 ft
Main Level	Primary Bedroom	12'8 x 12'8 ft
Main Level	Bedroom	11' x 11' ft
Main Level	Bedroom	10' x 10' ft
Below	Living Room	12'5 x 12'5 ft
Below	Kitchen	7'7 x 7'7 ft
Below	Bedroom	12'1 x 12'1 ft
Below	Bedroom	12'2 x 12'2 ft
Below	Bedroom	12'1 x 12'1 ft
Below	Laundry	10'6 x 10'6 ft
Below	Utility	5'4 x 5'4 ft
Below	Storage	8'6 x 8'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Main Level	Yes	#2
Below	No	#3

Listed by: Panda Luxury Homes & Panda Luxury Homes

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

Burnaby North Secondary School

0.81 km

Elementary

Aubrey Elementary School

Average

0.41 km

6.3/10

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

0.78 km

Elementary, Secondary

Deer Lake School

3.76 km

Closest Transit

Bus Stop

Westbound Parker St @ Holdom Ave

0.12 km

Skytrain

Skytrain @ Holdom Stn

1.19 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 5540 Parker Street, a stunning property located in the heart of Burnaby, BC!

As an experienced realtor, I'm excited to take you on a tour of this incredible home, nestled in the beautiful Parkcrest neighborhood. With its prime location and numerous amenities, this property is sure to impress even the most discerning buyer.

Education

One of the top priorities for families is access to quality education. Fortunately, 5540 Parker Street is serviced by the excellent Aubrey Elementary School, rated 6.3/10 and located just 0.41 km from the property. Additionally, Burnaby North Secondary School is nearby, with a rating of No Rating and situated 0.81 km from the property. For those seeking independent school options, Holy Cross Elementary School is a short distance away, boasting a Rating 10/10 and situated 0.78 km from the property.

Safety

Our community's safety is of utmost importance, and I'm happy to report that the crime rate near 5540 Parker Street, Burnaby, BC is Below Average compared to other Canadian cities. According to Statistics Canada's 2020 report, the overall crime rate in the neighborhood is 6,145.56, with a year-by-year change of -11.13%. Furthermore, the drug crime rate is also Below Average, with a rating of 126.78 and a year-by-year change of 2.35%. Property crimes are Average in the area, with a rating of 3,691.76 and a year-by-year change of -17.54%. Lastly, the violent crime rate is Low, with a rating of 893.28 and a year-by-year change of -5.51%.

Transit

Convenience is key, and 5540 Parker Street, Burnaby, BC offers easy access to public transportation. The closest Bus station is Westbound Parker St @ Holdom Ave, located just 0.12 km away from the property.

Demographics

Let's take a look at the demographics of the area. With 29.2% of the population holding a university certificate or degree, this neighborhood is Above Average in comparison to other BC neighborhoods. On the other hand, 13.6% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC. The median household income near this dwelling is $79,342, which is Above Average in comparison to the British Columbia average. Additionally, the median personal income is $29,447, which is Below Average in comparison to the BC average.

Lifestyle Amenities

This property is surrounded by a variety of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The proximity to these amenities makes 5540 Parker Street, Burnaby, BC an ideal location for those seeking an active and convenient lifestyle.

Real Estate Context

Now, let's talk about the real estate context of this property. The average size of families in the area is 3, which is Above Average in comparison to the whole region. Furthermore, 70.1% of families in this area have children, which is High. Additionally, the average age of the population is 41.5, which is Average in comparison to other BC cities.

Property Value

The average value of dwellings in this neighborhood is $1,527,997, which is High compared to other areas in British Columbia. As for the average owner payments, they are Above Average in the area, with owners spending $1,506 on average for their dwellings. Tenants, on the other hand, are paying $1,344 in this district, which is High compared to other cities.

Language and Transportation

In terms of language, 6.2% of the population in this area speaks both English and French, which is Below Average. On the other hand, 87.4% of the population speaks only English, which is Below Average. Additionally, 25.4% of the population uses public transport, which is High, while 69.4% of the population uses cars, which is Below Average. 1.5% of the population uses bicycles, which is Above Average, and 2.1% of the population walks, which is Below Average.

Conclusion

In conclusion, 5540 Parker Street, Burnaby, BC is a fantastic property that offers a unique blend of quality education, safety, convenience, and lifestyle amenities. With its prime location and numerous amenities, this property is sure to impress even the most discerning buyer. Whether you're a family seeking a safe and convenient living environment or an individual looking for a luxurious lifestyle, this property has something for everyone.

MLS^® R2997410

Don't miss out on this incredible opportunity to own a piece of