This is to sell 29.6488% of the total property interest, representing the middle unit of a proposed three-unit row house. The property is under subdivision application. The buyer must enter into a construction contract with a designated builder, pay the construction costs, and agree to the construction schedule. The existing house will be demolished soon after subdivision is approved. The row house unit to be constructed will be approximately 2,870 sq. ft. including the sun deck, plus an additional 589 sq.ft. laneway house. The total construction area will be approximately 3,459 sq.ft. The row house unit and the laneway house can be converted into up to five rental units. This is a great investment opportunity in an excellent location - close to transit, schools, Metrotown, shopping, parks
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
🔒 Join or Sign In • Real estate boards need a verified account to see Property data
Property History
🔒 Join or Sign In • Real estate boards need a verified account to see Property data
Status | Date | Price |
---|
Rooms
Floor | Type | Dimensions |
---|---|---|
Above Level | Living Room | 17' x 17' ft |
Above Level | Dining Room | 11' x 11' ft |
Above Level | Primary Bedroom | 12' x 12' ft |
Above Level | Bedroom | 12' x 12' ft |
Above Level | Bedroom | 9' x 9' ft |
Above Level | Kitchen | 12' x 12' ft |
Main Level | Living Room | 15' x 15' ft |
Main Level | Kitchen | 14' x 14' ft |
Main Level | Bedroom | 12' x 12' ft |
Main Level | Bedroom | 11' x 11' ft |
Bathrooms
Floor | Ensuite | Pieces |
---|---|---|
Main Level | No | #3 |
Above Level | No | #4 |
Above Level | No | #4 |
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.
Private Schools
Closest Transit
Welcome to the vibrant community of 4022 Farrington Street, Burnaby, BC, where you'll find a perfect blend of convenience, comfort, and lifestyle amenities. As we walk through this charming neighborhood, I'd like to share with you some of the exciting features that make this area so desirable.
First, let's talk about education. The property at 4022 Farrington Street is serviced by École Inman Elementary, which boasts a rating of 6.3/10. As a parent, you'll appreciate the school's proximity, just 0.33 km away from your doorstep. Moscrop Secondary School is also within reach, with a rating of No Rating, and located 1.11 km from the property.
For families who value education, you'll be pleased to know that St. Mary's School, an independent elementary school with a stellar rating of 9.4/10, is just 1.35 km away. Whytecliff Agile Learning Centre (Burnaby), a secondary independent school with No Rating, is also nearby, located 2.03 km from the property.
Now, let's discuss safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts a Below Average crime rate of 6,145.56, with a year-over-year change of -11.13%. You'll feel secure knowing that your family is protected from crime. Additionally, the drug crime rate is also Below Average, with a rating of 126.78 and a year-over-year change of 2.35%.
In terms of property crimes, this neighborhood has an Average rating of 3,691.76, with 9,522 incidents reported in 2020. The year-over-year change is -17.54%. You can rest assured that your property is safe from property misconduct. Lastly, the violent crime rate is Low, with 893.28 incidents reported in 2020, and a year-over-year change of -5.51%.
As we explore the community, you'll notice that the closest Bus station is Northbound Patterson Ave @ Bond St, just 0.14 km away from the property with MLS® R3021355.
Demographically, this neighborhood is a hub for families. A staggering 36.4% of residents hold a university certificate or degree, making it a High percentage compared to other BC neighborhoods. On the other hand, 14.6% of the population has no certificate or degree, which is Below Average compared to the average in BC.
Economically, the median household income near 4022 Farrington Street, Burnaby, BC is $53,056, which is Below Average compared to the British Columbia average. The median personal income is $27,950, also Below Average in comparison to the BC average. However, 58.5% of households in this census subdivision have a mortgage, which is Average.
Unemployment rates in the area are also noteworthy. With a rate of 6.2%, this neighborhood has a Below Average unemployment rate compared to other province neighborhoods.
As we take a closer look at the community, you'll notice that the population change between 2011 and 2016 was 7.1%, Above Average in comparison to average growth rate of this region. The population density per square kilometre is 7,994.4, which is High.
Family dynamics are also an interesting aspect of this neighborhood. The average size of families is 2.7, which is Below Average in comparison to the whole region. However, 62.5% of families have children, making it Above Average. Married or living common-law couples account for 50.9% of the population, which is Below Average.
Lastly, let's discuss the real estate landscape. The average value of dwellings in this neighborhood is $649,707, which is High compared to other areas in British Columbia. Average owner payments are Above Average, with $1,353 spent on average for the dwelling. Tenants pay $1,020 on average, making it Average compared to other cities. With 35.7% of the population renting, this neighborhood is Above Average compared to other BC cities and areas.
As we come to the end of our tour, I hope you've gained a deeper appreciation for the community surrounding 4022 Farrington Street, Burnaby, BC, and the MLS listing R3021355. This charming neighborhood offers the perfect blend of convenience, comfort, and lifestyle amenities, making it an ideal place to call home.
Price Evaluation Chart
Listing Price Comparision
No comparables
🔒 Join or Sign In • Real estate boards need a verified account to see photos & sold data