7620 Gilley Ave, Burnaby, BC V5J 4X8, Burnaby, BC, V5J 4X8, MLS® R3049850

$1,999,000
Est. Mortgage /mo

NEW 24.53% cheaper than comparables

$1,999,000
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
6 Baths
2 Stories
lot 6003 sqft
2133 sqft
1928 built
Show more info
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Map
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Schools
Crime
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7620 Gilley Ave, Burnaby, BC V5J 4X8, Burnaby, BC, V5J 4X8 | MLS® R3049850 Property Details

24.53% cheaper than comparables

Prime Burnaby location!!! Occupancy Permit ready. Approved by the City: Substantially rebuilt on original foundation on the lot of 6000sqft+, 2-year NEW home warranty by builder. New roofing and building material, upgrade to new 200A electrical, new plumbing with NPE 240 hot water system. And many more: new flooring, cabinets, windows etc. Additional : New deck. 235 sqft. Attic storage. 660 sqft. Sunken patio. 180 sqft. Fantastic investment revenue. Professionally measured by Matterport. Buyer to verify if deemed important. All offers sent to kencuirealtor@gmail.com. Property listed by a team.

General Info

Price $1,999,000
Total Bedrooms 7
Total Bathrooms 5
Half Bathrooms 1
Floor Area Total (sqft) 2133
Lot Size 6003
Lot Size Depth Feet
Lot Size Frontage 69.3
Basement None, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1928
Age Of Building 97
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3049850
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Gross Taxes $5,461.9
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Natural Gas
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Additional Parking, Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites None
Laundry In Unit
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $1,999,000
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Listed by: Nu Stream Realty Inc. & Nu Stream Realty Inc.

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
Burnaby South Secondary School
0.99 km
No Rating
Elementary
Clinton Elementary School
Average
0.53 km
Rating 6.8/10

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

Private Schools

Elementary
St. Francis de Sales
0.72 km
Rating 9/10
Secondary
St.Thomas More Collegiate
2.41 km
No Rating

Closest Transit

Translink
Eastbound Rumble St @ Gilley Ave
0.03 km

Welcome to 7620 Gilley Avenue, Burnaby, BC V5J 4X8, a stunning property in the heart of Burnaby, BC, with MLS# R3049850!

As we step into this beautiful community, let's start with the nearby schools. The esteemed Clinton Elementary School, with a rating of 6.8/10, is conveniently located just 0.53 km away from this property, making it an excellent choice for families. This school is part of the Burnaby School District, renowned for its academic excellence and strong community values.

Just down the road, you'll find Burnaby South Secondary School, with a rating of No Rating, situated approximately 0.99 km from this property. Additionally, the community is also serviced by St. Francis de Sales, a highly-rated elementary independent school with a rating of 9/10, located just 0.72 km away. For secondary independent school options, St. Thomas More Collegiate, with a rating of No Rating, is located 2.41 km from this home.

A Safe and Friendly Community

When it comes to safety, Burnaby is a haven. According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts a below-average crime rate of 6,145.56 incidents per 100,000 population. In comparison to other Canadian cities, the crime rate in this area is relatively low. Furthermore, the year-over-year change in the total crime rate is a notable -11.13%.

Breaking down the crime statistics, we see that the neighborhood surrounding 7620 Gilley Avenue, Burnaby, BC V5J 4X8 has:

  • A below-average drug crime rate (126.78 incidents per 100,000 population)
  • An average property crime rate (3,691.76 incidents per 100,000 population)
  • A low violent crime rate (893.28 incidents per 100,000 population)

Lifestyle and Demographics

This charming community is home to a diverse population. According to the latest census data, 41% of residents in this neighborhood hold a university certificate or degree, which is considered high compared to other BC neighborhoods. Conversely, only 9.6% of the population has no certificate or degree, a relatively low number.

The median household income in this area is $74,470, which is average compared to other BC neighborhoods. However, the median personal income is $36,701, which is above average. The neighborhood also boasts a low unemployment rate of 5.6%, making it an attractive location for those seeking employment opportunities.

Commuting and Lifestyle Amenities

Convenience is key, and this community offers easy access to public transportation. The closest bus station, Eastbound Rumble St @ Gilley Ave, is just 0.03 km away from this property, making it an ideal option for commuters.

When it comes to lifestyle amenities, this neighborhood has plenty to offer. Residents can enjoy the nearby parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The Burnaby Hospital is also conveniently located in the area, ensuring that residents have access to quality healthcare services.

Real Estate Context

The average value of dwellings in this neighborhood is $543,804, which is above average compared to other areas in British Columbia. With an average owner payment of $1,347 and an average renter payment of $1,297, this community offers a comfortable and affordable living experience.

As of the latest census data, 18.6% of the population in this neighborhood are renters, which is average compared to other BC cities and areas. The majority of the population speaks English, with 88% of residents speaking only English, and 4.9% speaking both English and French.

Convenient Location

This property is strategically located in Burnaby, BC, with easy access to major highways and public transportation. The area is also home to a diverse range of housing options, including apartments, townhouses, and single-family homes.

In Conclusion

As we explore this beautiful community, it's clear that 7620 Gilley Avenue, Burnaby, BC V5J 4X8, with MLS# R3049850, is an excellent choice for families, commuters, and those seeking a safe and friendly community. With its convenient location, excellent schools, and range of lifestyle amenities, this property is sure to impress. Contact me, your trusted realtor, today to schedule a viewing and make this property your dream home!

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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 $1,999,000
Burnaby $1,811,600
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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