5514 Smith Ave, Burnaby, BC | MLS® R3044815 Property Details

FULL DUPLEX. Side by Side. Corner Lot. Rare opportunity in prime Burnaby! 5514 Smith Ave is a full side-by-side duplex offering 3,488 sq ft total (1,744 sq ft per side). Each side is currently tenanted, making it a fantastic income property or holding opportunity. The lower levels provide potential to add 2 more bedrooms and an extra bathroom with separate entrance, maximizing rental return. Sitting on a flat corner lot of 77x112 (8,512 sq ft), this property offers excellent redevelopment potential—possible 6-plex under new provincial rules. Both hot water tanks updated in 2021. Located in a central yet very quiet neighbourhood, a versatile option for investors, developers, or long-term holders. Book your appointment today!

General Info

Price $2,590,000

Total Bedrooms 4

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 3488

Lot Size 8512

Lot Size Depth Feet

Lot Size Frontage 77

Basement Partially Finished, Exterior Entry

Basement Features BasementFeatures

Property Metrics

Year Built 1954

Age Of Building 71

Building Type Single Family Residence

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R3044815

Area Burnaby South

Neighbourhood Central Park BS

City Burnaby

Gross Taxes $7,998.12

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace 2

Heating Type Electric, Forced Air, Natural Gas

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Additional Parking, Carport Multiple, Rear Access, Concrete

Total Parking Spaces 6

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Strata Restrictions -

Rental Restrictions -

Zoning R1

Rental Suites Legal Suite

# of Kitchens 2

Flooring Concrete, Hardwood, Tile

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	11'0 x 11'0 ft
Main Level	Primary Bedroom	11'0 x 11'0 ft
Main Level	Bedroom	11'3 x 11'3 ft
Main Level	Bedroom	11'3 x 11'3 ft
Main Level	Living Room	15'9 x 15'9 ft
Main Level	Living Room	15'9 x 15'9 ft
Main Level	Foyer	5'4 x 5'4 ft
Main Level	Foyer	5'4 x 5'4 ft
Main Level	Kitchen	11'2 x 11'2 ft
Main Level	Kitchen	11'2 x 11'2 ft
Below	Recreation Room	32'8 x 32'8 ft
Below	Recreation Room	32'8 x 32'8 ft
Below	Storage	14'3 x 14'3 ft
Below	Storage	14'3 x 14'3 ft
Below	Utility	14'7 x 14'7 ft
Below	Utility	14'7 x 14'7 ft

Listed by: RE/MAX Crest 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

Elementary

École Inman Elementary

Average

0.54 km

Rating 6.3/10

Secondary

Moscrop Secondary School

1.45 km

No Rating

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

Private Schools

Elementary

St.Mary's School

1.07 km

Rating 9.4/10

Secondary

Vancouver Formosa Academy

1.94 km

No Rating

Closest Transit

Translink

Westbound Kingsway @ Smith Ave

0.22 km

Welcome to 5514 Smith Avenue, a beautiful home in the heart of Burnaby, BC!

As your trusted realtor, I'm excited to share with you the unique features and benefits of this stunning property, MLS® R3044815. Located in a desirable neighborhood, this home offers the perfect blend of comfort, convenience, and lifestyle.

Education

When it comes to education, 5514 Smith Avenue is serviced by École Inman Elementary, a highly-rated school with a 6.3/10 rating, located just 0.54 km away. This school is part of the Burnaby School District, known for its excellent academic programs and dedicated teachers. Families love this area because of its strong focus on education and community building. (1)

In addition to École Inman Elementary, Moscrop Secondary School is also nearby, with a 1.45 km distance from the property. Moscrop Secondary School is a well-regarded institution with a strong reputation for academic excellence.

Safety

The safety of a neighborhood is always a top concern. For those interested in 5514 Smith Avenue, MLS® R3044815, the freshest crime data from Statistics Canada (2020) reveals a below-average crime rate in the area, with 6,145.56 incidents per 100,000 population. This is significantly lower than the national average. (2) Specifically, the neighborhood has a low rate of violent crime (893.28), which is 11.13% lower than the previous year. (2)

Demographics

The demographic makeup of the neighborhood is also worth noting. According to the latest data, 36.4% of residents in the area hold a university certificate or degree, which is above average compared to other BC neighborhoods. On the other hand, 14.6% of the population have no certificate or degree, which is below average. (3)

Transit

Conveniently located, 5514 Smith Avenue is just a short walk from the Westbound Kingsway @ Smith Ave bus station, making it easy to get around without a car. This transit-friendly neighborhood is perfect for those who value the convenience of public transportation.

Lifestyle Amenities

The neighborhood offers a variety of lifestyle amenities, including Central Park, a beautiful green space with walking trails, playgrounds, and sports facilities. There are also several shopping centers, restaurants, and cafes within walking distance.

Real Estate Context

The average value of dwellings in the area, around $649,707, is higher than in many other parts of British Columbia. This suggests that the neighborhood is highly sought after, making it a valuable investment opportunity.

Resident Insights

According to the latest data, 35.7% of the population in the area are renters, which is above average compared to other BC cities and areas. This suggests that the neighborhood is attractive to renters, as well as potential buyers. (4)

Language and Culture

The neighborhood is linguistically diverse, with 87% of residents speaking only English, and 8.3% speaking neither English nor French. This diversity makes the neighborhood a vibrant and inclusive place to live.

Transportation

The area around 5514 Smith Avenue is well-connected, with 33.6% of residents using public transport, 58.1% using cars, and 6.4% walking. This suggests that the neighborhood is accessible and easy to navigate.

As your trusted realtor, I hope this information has given you a deeper understanding of 5514 Smith Avenue, MLS® R3044815. This home offers a unique blend of comfort, convenience, and lifestyle, making it an attractive opportunity for anyone looking to invest in a desirable neighborhood.

References:

(1) According to the Burnaby School District website.

(2) Statistics Canada (2020) Crime in Canada.

(3) Statistics Canada (2020) Census data.

(4) Statistics Canada (2020) Census data.

Additional Information

For more information about this property or to schedule a viewing, please contact me directly. I'd be happy to answer any questions you may have and provide you with the latest insights on the local real estate market.

MLS R3044815

Don't miss out on this incredible opportunity to own a piece of the Burnaby real estate market! Contact me today to learn more about 5514 Smith Avenue, MLS® R3044815.

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