7089 MALIBU DR, Burnaby BC V5A 1A2, Burnaby, BC

$1,599,000
Est. Mortgage /mo

MLS® R2826132

Closed

$1,550,000
Closed at 05 Apr 2024
Listing price: $1,599,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
1 Baths
2 Stories
lot 7948 sqft
1805 sqft
1950 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Tucked away on a peaceful, no-through street, this property overlooking the breathtaking Burrard Inlet and mountains. This 65x120 sq ft lot, featuring R11 zoning, offers a great opportunity for developer or a generous canvas for creating the perfect living space. Boasting over 2100 sq ft of living space on two levels with three bedrooms on the main. The added convenience of lane access and fully fenced backyard. Priced strategically below the assessed value, this property presents an exceptional opportunity for those seeking a valuable investment. Situated mere minutes away from SFU and Burnaby Mountain, as well as the serene Barnet Marine Park. Accessibility to the major bus route on Hastings and close proximity to shopping and bank options at Kensington Square. Flexible possession avail!

General Info

Price $1,599,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1805
Lot Size 7948.5
Lot Size Depth Feet
Lot Size Frontage 65
Basement Partially Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1950
Age Of Building 74
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2826132
Area Burnaby North
Neighbourhood Westridge BN
City Burnaby
Gross Taxes $4,653.2
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

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

Parking

Parking Type Additional Parking, Open, RV Access/Parking, Front Access, Asphalt
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning R-11
Rental Suites None
# of Kitchens 1
Flooring Laminate, Mixed, Carpet
Foundation Concrete Perimeter
Locker -
View 1
View Description MOUNTAIN & INLET
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 04-05-2024 $1,599,000
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Listed by: RE/MAX All Points 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 North Secondary School
1.62 km
No Rating
Elementary
Westridge Elementary School
Above Average
0.96 km
Rating 7.2/10

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
Holy Cross Elementary School
3.17 km
Rating 10/10
Elementary, Secondary
Lions Gate Christian Academy
4.15 km
Rating 9.2/10

Closest Transit

Translink
Southbound Inlet Dr @ Bayview Dr
0.14 km

7089 MALIBU DRIVE, Burnaby BC V5A 1A2 is serviced by Westridge Elementary School. The property with listing MLS® R2826132 is located 0.96 km from the school. Westridge Elementary School has a rating of Rating 7.2/10.

This home with address 7089 MALIBU DRIVE, Burnaby BC V5A 1A2, Burnaby, BC is also serviced by Burnaby North Secondary School and located 1.62 km from it. Burnaby North Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 is Holy Cross Elementary School with School's rating Rating 10/10, located 3.17 km from this home.

The closest to this address 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 Secondary independent school is Lions Gate Christian Academy with School's rating Rating 9.2/10, located 4.15 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 - 7089 MALIBU DRIVE, Burnaby BC V5A 1A2, 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® R2826132 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 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 are Average. Property misconduct rating adjacent to MLS® R2826132 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 Southbound Inlet Dr @ Bayview Dr in 0.14 km away from this listing with - MLS® R2826132.

29.9% of people with university certificate/degree live in this neighbourhood adjacent to the 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 which is Above Average in comparison with other BC neighbourhoods. 11.5% of population in this neighbourhood that is near the Listing MLS® R2826132 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 7089 MALIBU DRIVE, Burnaby BC V5A 1A2, Burnaby, BC is $68324 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2826132 is $31462 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 49.1% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2826132 is 6.6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 Westridge BN where population change between 2011 and 2016 was 1.7%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7089 MALIBU DRIVE, Burnaby BC V5A 1A2, Burnaby, BC is 1601.8 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2826132 is 63.9% and it is Above Average. % of Married or living common law is around 55.9% and it is Below Average.

Average age of the population close to the 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 is 41.8 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7089 MALIBU DRIVE, Burnaby BC V5A 1A2, Burnaby, BC is $1397929 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7089 MALIBU DRIVE, Burnaby BC V5A 1A2. $1638 owners spent in average for the dwelling. Tenants are paying $1143 in this district close to MLS® R2826132 and it is Above Average comparing to other cities.

36.7% of Population in this district near the 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7089 MALIBU DRIVE, Burnaby BC V5A 1A2, Burnaby, BC is 6.6%, it is Average, % of English speakers only is 87.8% and Below Average. % of French speakers adjacent to 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 7089 MALIBU DRIVE, Burnaby BC V5A 1A2, Burnaby, BC is 5.5% and it is High comparing to other BC cities.

21.7% of all population in the area around this property with the address 7089 MALIBU DRIVE, Burnaby BC V5A 1A2, Burnaby, BC using Public Transport which is Above Average, 73.6% of using population are using Cars around MLS® R2826132, which is Below Average. 0.7% of people using Bicycles around the 7089 MALIBU DRIVE, Burnaby BC V5A 1A2 and it is Below Average. 2.7% of population are walking which is Below 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 $1,599,000
Burnaby $1,987,555
Westridge BN 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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