7488 16TH ST, Burnaby BC V3N 4M1, Burnaby, BC

$1,598,000
Est. Mortgage /mo

MLS® R2814914

Closed

$1,571,800
$1,499,000
Closed at 20 Dec 2023
Listing price: $1,598,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
4 Baths
2 Stories
$ 0 Maint. Fee
2195 sqft
2001 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Don't miss this rare opportunity! Beautiful duplex sitting on a 7600 sq ft lot (both lots combined), facing south with abundant sunlight. This unit has 2200 sq ft living space, featuring 5 bedrooms + 3.5 bathrooms + 1 study room + 1 car garage & 1 parking space on your driveway and many street parking spots. Highlight of the unit includes 1. an immense living room with 12 ft ceiling, 2. a HUGE side yard that's bigger than some single houses', 3. a separate suite on the main floor that you may choose to add a kitchen & rent out as a mortgage helper and 4.the additional bedroom upstairs converted from previously a large balcony. Review offers as they come.

General Info

Price $1,598,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2195
Lot Size 7590
Lot Size Depth Feet
Lot Size Frontage 66
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2001
Age Of Building 22
Building Type Half Duplex
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Duplex, Residential Attached

Additional Details

MLS # R2814914
Area Burnaby East
Neighbourhood Edmonds BE
City Burnaby
Gross Taxes $3,755.5
Ownership Type Freehold Strata
Maintenance Fee 0
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Radiant

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 Single, Front Access
Total Parking Spaces 2

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Strata Restrictions No Restrictions
Rental Restrictions -
Zoning /
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
Sold 12-20-2023 $1,598,000
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Listed by: Sutton Group - 1st West 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
Byrne Creek Community School
0.84 km
No Rating
Elementary
Stride Avenue Community School
0.55 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
1.08 km
Rating 10/10
Secondary
St.Thomas More Collegiate
0.92 km
No Rating

Closest Transit

Translink
Eastbound Edmonds St @ 16 St
0.26 km

7488 16TH STREET, Burnaby BC V3N 4M1 is serviced by Stride Avenue Community School. The property with listing MLS® R2814914 is located 0.55 km from the school. Stride Avenue Community School has a rating of No Rating.

This home with address 7488 16TH STREET, Burnaby BC V3N 4M1, Burnaby, BC is also serviced by Byrne Creek Community School and located 0.84 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 7488 16TH STREET, Burnaby BC V3N 4M1 is Our Lady of Mercy School with School's rating Rating 10/10, located 1.08 km from this home.

The closest to this address 7488 16TH STREET, Burnaby BC V3N 4M1 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 0.92 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 - 7488 16TH STREET, Burnaby BC V3N 4M1, 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® R2814914 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 7488 16TH STREET, Burnaby BC V3N 4M1 are Average. Property misconduct rating adjacent to MLS® R2814914 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 Eastbound Edmonds St @ 16 St in 0.26 km away from this listing with - MLS® R2814914.

33.6% of people with university certificate/degree live in this neighbourhood adjacent to the 7488 16TH STREET, Burnaby BC V3N 4M1 which is High in comparison with other BC neighbourhoods. 12.9% of population in this neighbourhood that is near the Listing MLS® R2814914 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 7488 16TH STREET, Burnaby BC V3N 4M1, Burnaby, BC is $69427 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2814914 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 # R2814914 is 6.8 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7488 16TH STREET, Burnaby BC V3N 4M1 Edmonds BE 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 7488 16TH STREET, Burnaby BC V3N 4M1, Burnaby, BC is 5383.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 7488 16TH STREET, Burnaby BC V3N 4M1 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® R2814914 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 7488 16TH STREET, Burnaby BC V3N 4M1 is 36.8 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7488 16TH STREET, Burnaby BC V3N 4M1, 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 7488 16TH STREET, Burnaby BC V3N 4M1. $1588 owners spent in average for the dwelling. Tenants are paying $1232 in this district close to MLS® R2814914 and it is Above Average comparing to other cities.

32.7% of Population in this district near the 7488 16TH STREET, Burnaby BC V3N 4M1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7488 16TH STREET, Burnaby BC V3N 4M1, Burnaby, BC is 3.8%, it is Low, % of English speakers only is 88.3% and Below Average. % of French speakers adjacent to 7488 16TH STREET, Burnaby BC V3N 4M1 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 7488 16TH STREET, Burnaby BC V3N 4M1, 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 7488 16TH STREET, Burnaby BC V3N 4M1, Burnaby, BC using Public Transport which is High, 58% of using population are using Cars around MLS® R2814914, which is Low. 0.2% of people using Bicycles around the 7488 16TH STREET, Burnaby BC V3N 4M1 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 $1,598,000
Burnaby $1,651,333
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
778-918-5990
Call or Text Now!
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