7370 12 Ave, Burnaby, BC, MLS® R3003099

$2,150,000
Est. Mortgage /mo

$2,150,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
7 Beds
5 Baths
2 Stories
lot 8680 sqft
4200 sqft
1988 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
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7370 12 Ave, Burnaby, BC | MLS® R3003099 Property Details

R1 SMALL-SCALE MULTI-UNIT HOUSING LOT. Possible to build 4 units on this lot (check with city of Burnaby regarding development) A beautiful large home situated in a desirable East Burnaby Neighbourhood area.This home would be excellent to live in and have a large development lot for the future. Amazing investment opportunity!

General Info

Price $2,150,000
Total Bedrooms 7
Total Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 4200
Lot Size 8680
Lot Size Depth Feet
Lot Size Frontage 62
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1988
Age Of Building 37
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3003099
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Gross Taxes $6,211
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Baseboard

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R5
Rental Suites -
# of Kitchens 2
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
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Listed by: Oakwyn Realty Northwest

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
1.01 km
No Rating
Elementary
Stride Avenue Community School
1.06 km
No Rating

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

Private Schools

Elementary
Our Lady of Mercy School
0.33 km
Rating 10/10
Secondary
St.Thomas More Collegiate
0.2 km
No Rating

Closest Transit

Translink
Southbound Kingsway @ 12 Ave
0.09 km
Welcome to 7370 12 Avenue in the beautiful neighborhood of Edmonds, Burnaby, BC.

As we walk through this charming community, you'll discover the perfect blend of convenience, amenities, and lifestyle. Let's start with the highlight of any neighborhood: the schools.

Educational Excellence

Your family will thrive at Stride Avenue Community School, just a 1.06 km stroll from 7370 12 Avenue. With no official rating available, this school is known for its commitment to community values. Alternatively, Byrne Creek Community School is only 1.01 km away, offering another excellent option for your children's education.

For those seeking independent education, Our Lady of Mercy School is a top choice, boasting a 10/10 rating and located just 0.33 km from 7370 12 Avenue. St. Thomas More Collegiate, a secondary independent school, is even closer, with a no official rating available, and situated 0.2 km from your future home.

A Safe and Secure Community

According to Statistics Canada's 2020 report, the neighborhood surrounding 7370 12 Avenue, Burnaby, BC has a below-average crime rate of 6,145.56 incidents per 100,000 population. This is a testament to the community's strong sense of security and peace of mind. The overall crime rate has even decreased by 11.13% year-over-year.

Demographics and Lifestyle

This vibrant neighborhood is home to a diverse population, with 33.6% of residents holding a university certificate or degree – a high percentage in comparison to other BC neighborhoods. Conversely, 12.9% of the population has no certificate or degree, which is below average.

The median household income in this area is $69,427, which is average compared to other BC neighborhoods. However, the median personal income is $29,472, which is below average. Notably, 79.9% of households in this area have a mortgage, indicating a high level of home ownership.

Transit and Commuting

Convenience is at your doorstep with the Southbound Kingsway @ 12 Ave bus station just 0.09 km away from 7370 12 Avenue, MLS® R3003099. With 58% of residents using cars, 38.2% using public transport, and 2.7% walking, you'll find it easy to get around without a car.

Real Estate Insights

The average value of dwellings in this neighborhood is $581,353, which is high compared to other areas in British Columbia. Average owner payments are also high, with owners spending $1,588 per month on their dwellings. Tenants in the area pay $1,232 per month, which is above average.

Neighborhood Amenities

This thriving community offers a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll find something to suit every taste and lifestyle.

Unemployment and Population Growth

The unemployment rate in this area is 6.8%, which is below average compared to other BC neighborhoods. The population growth rate between 2011 and 2016 was 22.4%, which is high in comparison to average growth rates in this region.

Language and Transportation

While 88.3% of residents in this area speak only English, which is below average, 38.2% use public transport, making it an easy place to get around without a car.

In conclusion, 7370 12 Avenue, Burnaby, BC (MLS® R3003099) offers an exceptional blend of convenience, amenities, and lifestyle. Whether you're a family, couple, or individual, this neighborhood has something for everyone.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,150,000
Burnaby $2,196,667
Edmonds BE 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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