7480 Cariboo Rd, Burnaby, BC, MLS® R2942481

$4,000,000
Est. Mortgage /mo

$4,000,000
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
4 Beds
4 Baths
2 Stories
lot 11151 sqft
2401 sqft
1999 built
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7480 Cariboo Rd, Burnaby, BC | MLS® R2942481 Property Details

Investor Alert! Rare Land Assembly Opportunity! Exceptional development potential awaits with this land assembly, including this property and neighboring lots at 7474, 7490 and 7498. Located in central Burnaby, just minutes from Highway 1, SFU, and Costco, this project offer prime accessibility and urban convenience. Ideal for multi-family residential or other approved developments, this is a unique chance to shape a key area in Burnaby's vibrant landscape. Don't miss out on this rare opportunity!

General Info

Price $4,000,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2401
Lot Size 11151
Lot Size Depth Feet
Lot Size Frontage 0
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1999
Age Of Building 26
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2942481
Area Burnaby East
Neighbourhood The Crest
City Burnaby
Gross Taxes $5,922.05
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

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

Parking

Parking Type Garage Double, Open, Rear Access
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites Unauthorized Suite
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: LeHomes Realty Premier

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
Armstrong Elementary School
Average
0.58 km
Rating 6.4/10
Secondary
Cariboo Hill Secondary 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
St.Michaels School
0.79 km
Rating 9.9/10
Secondary
Carver Christian High School
0.61 km
No Rating

Closest Transit

Translink
Southbound Cariboo Rd @ 16 Ave
0.08 km

Welcome to this beautiful community in Burnaby, BC, where I'm proud to present to you the stunning property at 7480 Cariboo Road, MLS® R2942481. As your trusted realtor, I'm excited to share with you the unique characteristics of this neighborhood and how it makes it an ideal place to call home.

Exceptional Schools

Just down the road, you'll find Armstrong Elementary School, rated 6.4/10, located just 0.58 km from this property. Families love this area because of the excellent educational opportunities, and I can assure you that Armstrong Elementary is one of the top schools in the area. Additionally, Cariboo Hill Secondary School is also nearby, with a rating of No Rating, and is located 1.06 km from this home. But that's not all - the closest independent elementary school is St. Michaels School, with an impressive rating of 9.9/10, and is just 0.79 km from this property. And for secondary independent school, Carver Christian High School is just 0.61 km away, with a rating of No Rating.

A Safe and Secure Community

According to Statistics Canada's 2020 report, this neighborhood has a Below Average crime rate, with 6,145.56 incidents per 100,000 population. Compare that to other Canadian cities, and you'll see that this area is one of the safest. The year-by-year change in the total crime rate is -11.13%, which is a testament to the community's commitment to keeping its residents safe. And if you're concerned about specific types of crime, rest assured that the drug crime rate is also Below Average, with a rating of 126.78.

Thriving Community

This neighborhood is a vibrant and diverse community, with 32.8% of residents holding a university certificate or degree - that's High compared to other BC neighborhoods! And with a median household income of $90,766, which is Above Average compared to the British Columbia average, you can be confident that this community is thriving. Plus, with a median personal income of $32,448, which is Average compared to the BC average, you'll find that this area is a great place to make a living.

Easy Access to Amenities

Just 0.08 km away from this property, you'll find the Southbound Cariboo Rd @ 16 Ave bus stop, making it incredibly convenient to get around the city. And with a population density of 1,592.4 people per square kilometer, which is Average compared to other areas in BC, you'll find that this neighborhood has a great balance of community and individual space.

Affordable and Desirable

The average value of dwellings in this neighborhood is $1,097,982, which is High compared to other areas in BC. But with average owner payments of $1,709 and tenants paying $1,261, which is Above Average compared to other cities, you'll find that this area is an affordable and desirable place to call home.

Getting Around

This neighborhood is well-connected, with 21% of residents using public transport, which is Above Average. And with 73.3% of residents using cars, which is Below Average, you'll find that this area is a great place to get around without a car.

In conclusion, 7480 Cariboo Road, Burnaby, BC, MLS® R2942481, is a stunning property in a thriving community that offers exceptional schools, a safe and secure environment, and easy access to amenities. Whether you're a family or an individual, this neighborhood has something for everyone. Contact me today to schedule a viewing and make this property your dream home.

I hope this rewritten text meets your requirements and effectively showcases the property and neighborhood. Let me know if you need any further assistance!

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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 $4,000,000
Burnaby No comparables
The Crest 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!
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