7588 CARIBOO RD, Burnaby BC V3N 4A9, Burnaby, BC

$4,000,000
Est. Mortgage /mo

MLS® R2947865

$4,000,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
5 Baths
2 Stories
lot 11238 sqft
3400 sqft
1992 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Investor Alert! Rare Land Assembly Opportunity! Exceptional development potential awaits with this land assembly, including this property and neighboring lots at 7474, 7480, 7498, 7490. 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 5
Total Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 3400
Lot Size 11238
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1992
Age Of Building 33
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2947865
Area Burnaby East
Neighbourhood The Crest
City Burnaby
Gross Taxes $5,885
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Radiant

Utilities

Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Detached
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Tile

Property History

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Status Date Price
Active - $4,000,000
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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
0.43 km
Rating 6.4/10
Secondary
Cariboo Hill Secondary School
0.93 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
St.Michaels School
0.72 km
Rating 9.9/10
Secondary
Carver Christian High School
0.53 km
No Rating

Closest Transit

Translink
Northbound Cariboo Rd @ 7600 Block
0.09 km

7588 CARIBOO ROAD, Burnaby BC V3N 4A9 is serviced by Armstrong Elementary School. The property with listing MLS® R2947865 is located 0.43 km from the school. Armstrong Elementary School has a rating of Rating 6.4/10.

This home with address 7588 CARIBOO ROAD, Burnaby BC V3N 4A9, Burnaby, BC is also serviced by Cariboo Hill Secondary School and located 0.93 km from it. Cariboo Hill Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 is St.Michaels School with School's rating Rating 9.9/10, located 0.72 km from this home.

The closest to this address 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 Secondary independent school is Carver Christian High School with School's rating No Rating, located 0.53 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 - 7588 CARIBOO ROAD, Burnaby BC V3N 4A9, 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® R2947865 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 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 are Average. Property misconduct rating adjacent to MLS® R2947865 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 Northbound Cariboo Rd @ 7600 Block in 0.09 km away from this listing with - MLS® R2947865.

32.8% of people with university certificate/degree live in this neighbourhood adjacent to the 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 which is High in comparison with other BC neighbourhoods. 12.6% of population in this neighbourhood that is near the Listing MLS® R2947865 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 7588 CARIBOO ROAD, Burnaby BC V3N 4A9, Burnaby, BC is $90766 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2947865 is $32448 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 55.5% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2947865 is 5.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 The Crest where population change between 2011 and 2016 was 4.5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7588 CARIBOO ROAD, Burnaby BC V3N 4A9, Burnaby, BC is 1592.4 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2947865 is 73% and it is High. % of Married or living common law is around 57.8% and it is Average.

Average age of the population close to the 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 is 40.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7588 CARIBOO ROAD, Burnaby BC V3N 4A9, Burnaby, BC is $1097982 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7588 CARIBOO ROAD, Burnaby BC V3N 4A9. $1709 owners spent in average for the dwelling. Tenants are paying $1261 in this district close to MLS® R2947865 and it is Above Average comparing to other cities.

27.4% of Population in this district near the 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7588 CARIBOO ROAD, Burnaby BC V3N 4A9, Burnaby, BC is 6.5%, it is Average, % of English speakers only is 89.5% and Average. % of French speakers adjacent to 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 7588 CARIBOO ROAD, Burnaby BC V3N 4A9, Burnaby, BC is 4% and it is High comparing to other BC cities.

21% of all population in the area around this property with the address 7588 CARIBOO ROAD, Burnaby BC V3N 4A9, Burnaby, BC using Public Transport which is Above Average, 73.3% of using population are using Cars around MLS® R2947865, which is Below Average. 0.9% of people using Bicycles around the 7588 CARIBOO ROAD, Burnaby BC V3N 4A9 and it is Average. 3.5% of population are walking which is 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 $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
778-918-5990
Call or Text Now!
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