7492 Brdway, Burnaby, BC, MLS® R3054159

$3,299,000
Est. Mortgage /mo

$3,299,000
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
3 Stories
lot 17195 sqft
2103 sqft
1938 built
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Photos
Map
Street view
Schools
Crime
Commute
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7492 Brdway, Burnaby, BC | MLS® R3054159 Property Details

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.

General Info

Price $3,299,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2103
Lot Size 17195
Lot Size Depth Feet
Lot Size Frontage 102
Basement Crawl Space, Full
Basement Features BasementFeatures

Property Metrics

Year Built 1938
Age Of Building 87
Building Type Single Family Residence
Property Type Residential
Architecture Style 3 Level Split
Stories 3
Appliances Included Washer/Dryer, Refrigerator
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3054159
Area Burnaby North
Neighbourhood Montecito
City Burnaby
Gross Taxes $9,632.78
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 3
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Other, Side Access, Asphalt
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Vinyl, Wall/Wall/Mixed, Carpet
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Macdonald Realty (Delta)

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
2.73 km
Elementary
Montecito Elementary School
Average
0.63 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
Burnaby Montessori School
2.56 km
Elementary, Secondary
Deer Lake School
3.51 km

Closest Transit

Bus Stop
Northbound Duthie Ave @ Broadway
0.58 km
Skytrain
Skytrain @ Lake City Way Stn
0.86 km

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

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!

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 $3,299,000
Burnaby $2,882,933
Montecito No comparables
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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