7948-7950 ELWELL ST, Burnaby BC V5E 1M4, Burnaby, BC

$2,099,000
Est. Mortgage /mo

MLS® R2727556

Closed

$1,925,000
Closed at 13 Jul 2023
Listing price: $2,099,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
7 Beds
4 Baths
2 Stories
lot 13248 sqft
3090 sqft
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Photos
Map
Street view
Schools
Crime
Commute
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Property details

HUGE MULTIFAMILY non-strata Side by Side with 13,248 SF LOT for Extra depth. Additionally, this Beautiful and huge property has a back lane, Multifamily with double detached garage 07 BEDROOMS & 04 FULL Bath. HUGE green backyard. Easy acces to public transportation through either Canada way or Edmonds St, 10 min bus ride to Edmonds Skytrain station, Walking distance to Lakeview Elementary and Edmonds Elementary Schools, close to Burnaby Central, New Westminster & Cariboo Secondary Schools, few minutes drive to Deer Lake and Burnaby Lake, minutes walking from Robert Burnaby Park. Close to Metrotown and Brentwood Mall, Central location among Surrey, Burnaby and Vancouver; Easy access to High #1. Investor Alert, check City for further Details

General Info

Price $2,099,000
Total Bedrooms 7
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3090
Lot Size 13248
Lot Size Depth Feet
Lot Size Frontage 64
Basement Full, Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building 999
Building Type Duplex
Property Type Residential Income
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS # R2727556
Area Burnaby South
Neighbourhood Burnaby Lake
City Burnaby
Gross Taxes $6,232
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

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

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Strata Restrictions -
Rental Restrictions -
Zoning R5
Rental Suites Other
Laundry In Unit
# of Kitchens 4
Flooring Hardwood, Mixed, Other, Tile
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Garden, Private Yard
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 07-13-2023 $2,099,000
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Listed by: SRS Panorama 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
Burnaby Central Secondary School
3.13 km
No Rating
Elementary
Lakeview Elementary School
Average
0.54 km
Rating 6.2/10

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
John Knox Christian School
1.32 km
Rating 9.2/10
Secondary
St.Thomas More Collegiate
1.57 km
No Rating

Closest Transit

Translink
Eastbound Edmonds St @ 6th St
0.42 km

7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 is serviced by Lakeview Elementary School. The property with listing MLS® R2727556 is located 0.54 km from the school. Lakeview Elementary School has a rating of Rating 6.2/10.

This home with address 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4, Burnaby, BC is also serviced by Burnaby Central Secondary School and located 3.13 km from it. Burnaby Central Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 is John Knox Christian School with School's rating Rating 9.2/10, located 1.32 km from this home.

The closest to this address 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.57 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 - 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4, 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® R2727556 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 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 are Average. Property misconduct rating adjacent to MLS® R2727556 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 @ 6th St in 0.42 km away from this listing with - MLS® R2727556.

27.9% of people with university certificate/degree live in this neighbourhood adjacent to the 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 which is Above Average in comparison with other BC neighbourhoods. 14.4% of population in this neighbourhood that is near the Listing MLS® R2727556 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 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4, Burnaby, BC is $86827 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2727556 is $28736 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 39.4% which is Low.

Unemployment rate in the area around Real Estate Listing # R2727556 is 5.2 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 Burnaby Lake where population change between 2011 and 2016 was -1.6%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4, Burnaby, BC is 1115.2 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2727556 is 68.2% and it is Above Average. % of Married or living common law is around 59.2% and it is Average.

Average age of the population close to the 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 is 41.6 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4, Burnaby, BC is $1453497 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4. $1406 owners spent in average for the dwelling. Tenants are paying $1257 in this district close to MLS® R2727556 and it is Above Average comparing to other cities.

32.4% of Population in this district near the 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4, Burnaby, BC is 5%, it is Below Average, % of English speakers only is 89% and Average. % of Neither English nor French speakers close to home for sale 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4, Burnaby, BC is 6.2% and it is High comparing to other BC cities.

21.5% of all population in the area around this property with the address 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4, Burnaby, BC using Public Transport which is Above Average, 73.1% of using population are using Cars around MLS® R2727556, which is Below Average. 2.2% of people using Bicycles around the 7948-7950 ELWELL STREET, Burnaby BC V5E 1M4 and it is Above Average. 1.8% of population are walking which is Low

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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 $2,099,000
Burnaby No comparables
Burnaby Lake 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
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