5485 MONARCH ST, Burnaby BC V5G 1Z9, Burnaby, BC

$2,580,000
Est. Mortgage /mo

MLS® R2885420

Closed

$2,500,000
Closed at 19 Aug 2024
Listing price: $2,580,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
5 Baths
2 Stories
lot 9600 sqft
2850 sqft
1960 built
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Property details

Embark on an extraordinary journey with this remarkable 9600 sqft lot boasting breathtaking park views and a convenient back lane, nestled in the secluded tranquility of Prime Deer Lake Place, Burnaby South's hidden gem. Offering a peaceful escape from the city life, while still being within reach of urban conveniences. This picturesque two-level single-family home is located on a beautiful south-facing lot with an upper slope. It features 4 beds on the top level and 2 beds in the basement and total 5 baths, complemented by meticulous landscaping and a charming cedar tree fence. Unlock the potential of this coveted location to create your dream home or investment opportunity amidst nature's beauty.

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Property History

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Status Date Price
Sold 08-19-2024 $2,580,000

Listed by:

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
0.66 km
No Rating
Elementary
Gilpin Elementary School
Average
0.18 km
Rating 5.6/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary
Deer Lake School
0.41 km
No Rating
Elementary, Secondary
Deer Lake School
0.41 km
No Rating

Closest Transit

Translink
Westbound Gilpin St @ Mahon Ave
0.39 km

5485 MONARCH STREET, Burnaby BC V5G 1Z9 is serviced by Gilpin Elementary School. The property with listing MLS® R2885420 is located 0.18 km from the school. Gilpin Elementary School has a rating of Rating 5.6/10.

This home with address 5485 MONARCH STREET, Burnaby BC V5G 1Z9, Burnaby, BC is also serviced by Burnaby Central Secondary School and located 0.66 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 5485 MONARCH STREET, Burnaby BC V5G 1Z9 is Deer Lake School with School's rating No Rating, located 0.41 km from this home.

The closest to this address 5485 MONARCH STREET, Burnaby BC V5G 1Z9 Secondary independent school is Deer Lake School with School's rating No Rating, located 0.41 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 - 5485 MONARCH STREET, Burnaby BC V5G 1Z9, 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® R2885420 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 5485 MONARCH STREET, Burnaby BC V5G 1Z9 are Average. Property misconduct rating adjacent to MLS® R2885420 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 Gilpin St @ Mahon Ave in 0.39 km away from this listing with - MLS® R2885420.

39.1% of people with university certificate/degree live in this neighbourhood adjacent to the 5485 MONARCH STREET, Burnaby BC V5G 1Z9 which is High in comparison with other BC neighbourhoods. 10% of population in this neighbourhood that is near the Listing MLS® R2885420 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 5485 MONARCH STREET, Burnaby BC V5G 1Z9, Burnaby, BC is $97728 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2885420 is $37355 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 49.7% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2885420 is 4.7 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 5485 MONARCH STREET, Burnaby BC V5G 1Z9 Deer Lake Place where population change between 2011 and 2016 was -0.8%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5485 MONARCH STREET, Burnaby BC V5G 1Z9, Burnaby, BC is 1278.6 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 5485 MONARCH STREET, Burnaby BC V5G 1Z9 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® R2885420 is 63.8% and it is Above Average. % of Married or living common law is around 61.3% and it is Average.

Average age of the population close to the 5485 MONARCH STREET, Burnaby BC V5G 1Z9 is 42.9 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5485 MONARCH STREET, Burnaby BC V5G 1Z9, Burnaby, BC is $1076140 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 5485 MONARCH STREET, Burnaby BC V5G 1Z9. $1520 owners spent in average for the dwelling. Tenants are paying $1357 in this district close to MLS® R2885420 and it is High comparing to other cities.

15.1% of Population in this district near the 5485 MONARCH STREET, Burnaby BC V5G 1Z9 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5485 MONARCH STREET, Burnaby BC V5G 1Z9, Burnaby, BC is 8.1%, it is Average, % of English speakers only is 87.7% and Below Average. % of Neither English nor French speakers close to home for sale 5485 MONARCH STREET, Burnaby BC V5G 1Z9, Burnaby, BC is 4.3% and it is High comparing to other BC cities.

19.7% of all population in the area around this property with the address 5485 MONARCH STREET, Burnaby BC V5G 1Z9, Burnaby, BC using Public Transport which is Above Average, 73.3% of using population are using Cars around MLS® R2885420, which is Below Average. 2.1% of people using Bicycles around the 5485 MONARCH STREET, Burnaby BC V5G 1Z9 and it is Above Average. 3.7% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,580,000
Burnaby $2,343,761
Deer Lake Place 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
Call or Text Now!
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