7988 Edson Ave, Burnaby, BC V5J 3W7, Burnaby, BC, V5J 3W7, MLS® R3038239

$2,168,000
Est. Mortgage /mo

$2,168,000
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
5 Beds
2 Baths
2 Stories
lot 8646 sqft
2407 sqft
1953 built
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Map
Street view
Schools
Crime
Commute
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7988 Edson Ave, Burnaby, BC V5J 3W7, Burnaby, BC, V5J 3W7 | MLS® R3038239 Property Details

This well maintained mid-century home in Burnaby’s desirable South Slope offers stunning southwest views and sits on a massive 8,646 sq ft lot with lane access and potential to build up to 5,619 sq ft. Inside, you’ll find 5 bedrooms, 2 kitchens, a spacious family room, updated bathrooms, original hardwood floors, and elegant French doors. Enjoy a huge partially covered deck, fenced yard with in-ground sprinklers, wine/cold storage, a double tandem garage, and separate covered RV/boat parking. Conveniently close to Riverway Golf Course & Sports Complex, Metrotown, Market Crossing Shopping Centre, David Gray Park, Kaymar Creek Ravine Park, Nelson Elementary & Burnaby South Secondary and more—live in, rent out, or build your dream home!

General Info

Price $2,168,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2407
Lot Size 8646
Lot Size Depth Feet
Lot Size Frontage 66
Basement Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1953
Age Of Building 72
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 # R3038239
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Gross Taxes $6,247.78
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Baseboard, Hot Water, Natural Gas

Utilities

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

Parking

Parking Type Tandem, Lane Access, Rear Access
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning R2
Rental Suites -
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description Southwestern Skyline
Units In Development -
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Select 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 South Secondary School
1.41 km
No Rating
Elementary
Nelson Elementary School
Average
0.74 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
2.84 km
Rating 9/10
Elementary, Secondary
Deer Lake School
3.65 km
No Rating

Closest Transit

Translink
Westbound Portland St @ Sussex Ave
0.22 km

Welcome to 7988 Edson Avenue, a stunning property nestled in the heart of Burnaby, BC, MLS listing # R3038239. As your trusted realtor, I'm excited to share with you the charm and appeal of this incredible home.

Let's start with the schools, a top priority for families. This property is serviced by the highly-rated Nelson Elementary School, with a rating of 6.8/10, located just 0.74 km away. The school's excellent reputation and proximity make it an ideal choice for families. Additionally, Burnaby South Secondary School is nearby, with a rating of No Rating, situated 1.41 km from the property.

For those seeking an independent school education, St. Francis de Sales Elementary is just 2.84 km away, boasting a rating of 9/10. Deer Lake School, a secondary independent school, is also nearby, with a rating of No Rating, located 3.65 km from this beautiful home.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada, this neighbourhood has a below-average crime rate of 6,145.56 incidents per 100,000 population, with a year-over-year change of -11.13%. Specifically, the drug crime rate is below average, with a rating of 126.78, and a year-over-year change of 2.35%. Property crimes are average, with a rating of 3,691.76, and a year-over-year change of -17.54%. Lastly, violent crimes are low, with a rate of 893.28, and a year-over-year change of -5.51%.

Getting around is a breeze, with the closest Bus station, Westbound Portland St @ Sussex Ave, just 0.22 km away from this property with MLS listing # R3038239.

Demographics are an interesting aspect of this community. With 32.4% of the population holding a university certificate or degree, this neighbourhood is above average in comparison to other BC neighbourhoods. Additionally, 13.3% of the population has no certificate or degree, which is below average compared to the average in BC.

Economically, the median household income near this dwelling is $86,101, which is above average in comparison to the British Columbia average. The median personal income is $32,192, which is average in comparison to the BC average. Notably, 50.3% of households in this census subdivision have a mortgage, which is below average.

Unemployment rates in this area are 5.2%, which is low in comparison to other province neighbourhoods. Population growth in this community has been impressive, with a 5.6% increase between 2011 and 2016, which is above average.

The area around this property, 7988 Edson Avenue, Burnaby, BC, has a population density per square kilometre of 2,817.1, which is above average. The average size of families in this area is 2.9, which is average in comparison to the whole region. Furthermore, 63.8% of families in this area have children, which is above average.

In terms of lifestyle, the average age of the population in this area is 42.1, which is average in comparison to other BC cities. The area boasts an average value of dwellings of $1,495,499, which is high compared to other areas in British Columbia.

As for ownership and rental information, the average owner payments in this area are high, with owners spending an average of $1,839 on dwellings. Tenants in this district are paying an average of $1,253, which is above average compared to other cities.

Lastly, 20.2% of the population in this district are renters, which is average compared to other BC cities and areas.

7988 Edson Avenue, Burnaby, BC V5J 3W7, Burnaby, BC, V5J 3W7, MLS listing # R3038239, is a rare gem waiting to be discovered. With its excellent schools, safe community, and convenient location, this property is an ideal choice for families and individuals alike. Don't miss out on this opportunity to own a piece of Burnaby's finest real estate.

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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 $2,168,000
Burnaby $2,062,278
South Slope $1,880,000
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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