7351 12TH AVE, Burnaby BC V3N 2J8, Burnaby, BC

$1,998,000
Est. Mortgage /mo

MLS® R3007626

NEW

$1,998,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
7 Beds
5 Baths
2 Stories
lot 6280 sqft
3044 sqft
1993 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Below Assessment Value

This 2-level home, situated on the ground level, offers unparalleled convenience and investment potential. Located just a half block from Langley Market and a bus stop, it is also close to schools, community centers, restaurants, and transit options. The property sits on a 40x157-foot lot (6,280 sqft) with back lane access and is zoned under Burnaby's Small-scale Multi-unit Housing (SSMUH), allowing for duplexes, multi units, laneway homes, and more. Whether you are an investor, a growing family, or a visionary developer, this property holds the key to your real estate dreams. Buyers are advised to verify the current Burnaby zoning bylaw. NOTE: PRICE BELOW BC ASSESSMENT!

General Info

Price $1,998,000
Total Bedrooms 7
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3044
Lot Size 6280
Lot Size Depth Feet
Lot Size Frontage 40
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1993
Age Of Building 32
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3007626
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Gross Taxes $6,833.92
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Hot Water

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Front Access, Rear Access
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Mixed, Tile, Vinyl, Carpet
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer
Roof Concrete

Property History

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Status Date Price
Active - $1,998,000
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Listed by: Royal Pacific Realty (Kingsway) Ltd.

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
Byrne Creek Community School
0.95 km
No Rating
Elementary
Stride Avenue Community School
0.99 km
No Rating

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
Our Lady of Mercy School
0.4 km
Rating 10/10
Secondary
St.Thomas More Collegiate
0.26 km
No Rating

Closest Transit

Translink
Southbound Kingsway @ 12 Ave
0.16 km

7351 12TH AVENUE, Burnaby BC V3N 2J8 is serviced by Stride Avenue Community School. The property with listing MLS® R3007626 is located 0.99 km from the school. Stride Avenue Community School has a rating of No Rating.

This home with address 7351 12TH AVENUE, Burnaby BC V3N 2J8, Burnaby, BC is also serviced by Byrne Creek Community School and located 0.95 km from it. Byrne Creek Community School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7351 12TH AVENUE, Burnaby BC V3N 2J8 is Our Lady of Mercy School with School's rating Rating 10/10, located 0.4 km from this home.

The closest to this address 7351 12TH AVENUE, Burnaby BC V3N 2J8 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 0.26 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 - 7351 12TH AVENUE, Burnaby BC V3N 2J8, 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® R3007626 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 7351 12TH AVENUE, Burnaby BC V3N 2J8 are Average. Property misconduct rating adjacent to MLS® R3007626 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 Kingsway @ 12 Ave in 0.16 km away from this listing with - MLS® R3007626.

33.6% of people with university certificate/degree live in this neighbourhood adjacent to the 7351 12TH AVENUE, Burnaby BC V3N 2J8 which is High in comparison with other BC neighbourhoods. 12.9% of population in this neighbourhood that is near the Listing MLS® R3007626 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 7351 12TH AVENUE, Burnaby BC V3N 2J8, Burnaby, BC is $69427 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3007626 is $29472 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 79.9% which is High.

Unemployment rate in the area around Real Estate Listing # R3007626 is 6.8 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7351 12TH AVENUE, Burnaby BC V3N 2J8 where population change between 2011 and 2016 was 22.4%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7351 12TH AVENUE, Burnaby BC V3N 2J8, Burnaby, BC is 5383.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 7351 12TH AVENUE, Burnaby BC V3N 2J8 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® R3007626 is 67.8% and it is Above Average. % of Married or living common law is around 56.7% and it is Average.

Average age of the population close to the 7351 12TH AVENUE, Burnaby BC V3N 2J8 is 36.8 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7351 12TH AVENUE, Burnaby BC V3N 2J8, Burnaby, BC is $581353 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7351 12TH AVENUE, Burnaby BC V3N 2J8. $1588 owners spent in average for the dwelling. Tenants are paying $1232 in this district close to MLS® R3007626 and it is Above Average comparing to other cities.

32.7% of Population in this district near the 7351 12TH AVENUE, Burnaby BC V3N 2J8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7351 12TH AVENUE, Burnaby BC V3N 2J8, Burnaby, BC is 3.8%, it is Low, % of English speakers only is 88.3% and Below Average. % of French speakers adjacent to 7351 12TH AVENUE, Burnaby BC V3N 2J8 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 7351 12TH AVENUE, Burnaby BC V3N 2J8, Burnaby, BC is 7.8% and it is High comparing to other BC cities.

38.2% of all population in the area around this property with the address 7351 12TH AVENUE, Burnaby BC V3N 2J8, Burnaby, BC using Public Transport which is High, 58% of using population are using Cars around MLS® R3007626, which is Low. 0.2% of people using Bicycles around the 7351 12TH AVENUE, Burnaby BC V3N 2J8 and it is Low. 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 $1,998,000
Burnaby $2,346,000
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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