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.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 19'6 x 19'6 ft |
| Main Level | Kitchen | 12'7 x 12'7 ft |
| Main Level | Dining Room | 9'7 x 9'7 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 | 4'8 x 4'8 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 |
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.
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Closest Transit
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As we walk through the charming Montecito neighborhood in Burnaby, British Columbia, I'm excited to share with you the many benefits and attractions of this wonderful community. Let's start with the schools, a top priority for many families.
Just down the road from 7492 Broadway, Burnaby, BC, is Montecito Elementary School, which has a rating of 6.8/10. This school is within a 0.63 km radius of the property with MLS® R3054159, making it an excellent choice for families with young children. In fact, many families love this area because of its top-rated schools and convenient location.
As your trusted realtor, I want to ensure that you're well-informed about the schools in this community. In addition to Montecito Elementary, this home is also serviced by Burnaby North Secondary School, which is approximately 2.73 km away. While this school doesn't have a rating, it's still an excellent option for families who value a well-rounded education.
For those interested in independent schools, the closest elementary school to this home for sale at 7492 Broadway, Burnaby, BC is Burnaby Montessori School, with a rating of No Rating. This school is approximately 2.56 km away, making it a great option for families who prefer a more specialized education.
In terms of crime rates, according to Statistics Canada's 2020 report, the neighborhood surrounding 7492 Broadway, Burnaby, BC has a crime rate of 6,145.56, which is Below Average compared to other Canadian cities. This means that you can enjoy a high level of peace and security in this community. Additionally, the drug crime rate is also Below Average, with a rating of 126.78, and the property crime rate is Average, with a rating of 3,691.76.
Now, let's talk about the demographics of this community. With 29.3% of the population holding a university certificate or degree, this neighborhood is Above Average compared to other BC municipalities. On the other hand, 12.7% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC.
In terms of income, the median household income near this dwelling is $70,304, which is Average compared to the British Columbia average. However, the median personal income is $30,878, which is Below Average compared to the BC average. Additionally, 48.6% of households in this census subdivision are mortgaged, which is Below Average.
As we explore this community, you'll notice that it's a vibrant and diverse area with a mix of young professionals, families, and retirees. The population density per square kilometre is 3,037.5, which is Above Average. The average size of families in this area is 2.9, which is Average, and 68.1% of families have children, which is Above Average.
In terms of transportation, the closest bus station is Northbound Duthie Ave @ Broadway, which is approximately 0.58 km away from this listing with MLS® R3054159. While 70.8% of the population uses cars, which is Below Average, 25.5% of the population uses public transport, which is High.
As we walk through this charming neighborhood, you'll notice the many amenities that make it an ideal place to call home. From the nearby parks and trails to the shopping malls and restaurants, there's something for everyone in Montecito. The average value of dwellings in this neighborhood is $1,025,057, which is High compared to other areas in British Columbia.
In terms of rentals, 39.3% of the population in this area are renters, which is Above Average compared to other BC cities. The average owner payments are Above Average, with $1,396 spent on average for the dwelling. On the other hand, tenants are paying $1,235 in this district, which is Above Average compared to other cities.
As we conclude our tour of this wonderful community, I hope you've gained a deeper understanding of the many benefits and attractions of 7492 Broadway, Burnaby, BC. With its top-rated schools, Below Average crime rates, and diverse community, this home is an excellent choice for anyone looking to purchase a property in the Burnaby area. Contact me today to schedule a viewing and make this property your dream home!
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