7843 Wedgewood St, Burnaby, BC, MLS® R2965874

$3,999,000
Est. Mortgage /mo

5.9% price reduction

$3,999,000
$4,250,000
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
6 Beds
4 Baths
2 Stories
lot 10350 sqft
2131 sqft
1955 built
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Map
Street view
Schools
Crime
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7843 Wedgewood St, Burnaby, BC | MLS® R2965874 Property Details

5.9% price reduction

LAND ASSEMBLY – ATTENTION DEVELOPERS! Rare opportunity to acquire a prime development site! Three lots—7843, 7853 & 7863—sold as a package, each lot approximately 50 x 207 sq. ft., totaling 31,050 sq. ft. This site is located next to Edmonds St., and waits to be developed into a 4 storey Apartment building(buyer to verify with the city). Situated in a rapidly growing area with excellent amenities, transit access, and strong future potential. The house was Recently done in stages into a very new offering with one legal 2 bed suite - can be 3 bed, or 2 more bd income generating accommodation. Reno was done w great workmanship. With 2 bedroom/2 bath up, Shed in backyard is yet another potential waiting for ideas. 3 full sets laundry machines.

General Info

Price $3,999,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2131
Lot Size 10350
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1955
Age Of Building 70
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2965874
Area Burnaby South
Neighbourhood Burnaby Lake
City Burnaby
Gross Taxes $5,333.57
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

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

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites Legal Suite
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Guest Suite, Storage
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Crest Realty & Sutton Group Seafair 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
Burnaby Central Secondary School
3.28 km
Elementary
Lakeview Elementary School
Average
0.65 km
6.2/10

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

Private Schools

Elementary
Our Lady of Mercy School
1.29 km
Secondary
St.Thomas More Collegiate
1.23 km

Closest Transit

Bus Stop
Westbound Edmonds St @ 7800 Block
0.09 km
Skytrain
Skytrain @ Edmonds Stn
2.17 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

7843 Wedgewood Street is serviced by Lakeview Elementary School. The property with listing MLS® R2965874 is located 0.65 km from the school. Lakeview Elementary School has a rating of Rating 6.2/10.

This home with address 7843 Wedgewood Street, Burnaby, BC is also serviced by Burnaby Central Secondary School and located 3.28 km from it. Burnaby Central Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7843 Wedgewood Street is Our Lady of Mercy School with School's rating No Rating, located 1.29 km from this home.

The closest to this address 7843 Wedgewood Street Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.23 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 7843 Wedgewood Street, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2965874 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 7843 Wedgewood Street are Average. Property misconduct rating adjacent to MLS® R2965874 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Westbound Edmonds St @ 7800 Block in 0.09 km away from this listing with - MLS® R2965874.

27.9% of people with university certificate/degree live in this neighbourhood adjacent to the 7843 Wedgewood Street which is Above Average in comparison with other BC neighbourhoods. 14.4% of population in this neighbourhood that is near the Listing MLS® R2965874 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 7843 Wedgewood Street, Burnaby, BC is $86827 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2965874 is $28736 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 39.4% which is Low.

Unemployment rate in the area around Real Estate Listing # R2965874 is 5.2 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 7843 Wedgewood Street Burnaby Lake where population change between 2011 and 2016 was -1.6%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7843 Wedgewood Street, Burnaby, BC is 1115.2 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 7843 Wedgewood Street is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2965874 is 68.2% and it is Above Average. % of Married or living common law is around 59.2% and it is Average.

Average age of the population close to the 7843 Wedgewood Street is 41.6 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7843 Wedgewood Street, Burnaby, BC is $1453497 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 7843 Wedgewood Street. $1406 owners spent in average for the dwelling. Tenants are paying $1257 in this district close to MLS® R2965874 and it is Above Average comparing to other cities.

32.4% of Population in this district near the 7843 Wedgewood Street are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7843 Wedgewood Street, Burnaby, BC is 5%, it is Below Average, % of English speakers only is 89% and Average. % of Neither English nor French speakers close to home for sale 7843 Wedgewood Street, Burnaby, BC is 6.2% and it is High comparing to other BC cities.

21.5% of all population in the area around this property with the address 7843 Wedgewood Street, Burnaby, BC using Public Transport which is Above Average, 73.1% of using population are using Cars around MLS® R2965874, which is Below Average. 2.2% of people using Bicycles around the 7843 Wedgewood Street and it is Above Average. 1.8% of population are walking which is Low

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 $3,999,000
Burnaby $1,529,000
Burnaby Lake 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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