8040 16TH AVE, Burnaby BC V3N 1R5, Burnaby, BC

$1,999,999
Est. Mortgage /mo

MLS® R2769193

Closed

$2,400,000
Closed at 28 Jul 2023
Listing price: $1,999,999
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
5 Baths
2 Stories
lot 6486 sqft
3495 sqft
2006 built
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Property details

This meticulously maintained 6-bed, 5-bath property is centrally located and includes a bright and spacious upper level living area with mountain views, an open-concept kitchen with granite countertops, and a covered patio for extended living space. HUGE rental potential with two separate mortgage helper suites on the main floor plus the option to convert the attached garage into a third suite or Rec room. Detached garage still feature 3 covered parking and plenty of additional open parking. Walking distance to bus and shops. Close to Elementary schools and Secondary schools. OPEN HOUSE April 29/30 Sat&Sun 2-4PM.

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Property History

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Status Date Price

Listed by:

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
Second Street Community School
Average
0.25 km
Rating 5.3/10
Secondary
Cariboo Hill Secondary School
1.26 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
John Knox Christian School
Above Average
0.63 km
Rating 9.2/10
Secondary
St.Thomas More Collegiate
1.34 km
No Rating

Closest Transit

Translink
Southbound 1st St @ 16 Ave
0.38 km

8040 16TH AVENUE, Burnaby BC V3N 1R5 is serviced by Second Street Community School. The property with listing MLS® R2769193 is located 0.25 km from the school. Second Street Community School has a rating of Rating 5.3/10.

This home with address 8040 16TH AVENUE, Burnaby BC V3N 1R5, Burnaby, BC is also serviced by Cariboo Hill Secondary School and located 1.26 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 8040 16TH AVENUE, Burnaby BC V3N 1R5 is John Knox Christian School with School's rating Rating 9.2/10, located 0.63 km from this home.

The closest to this address 8040 16TH AVENUE, Burnaby BC V3N 1R5 Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.34 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 - 8040 16TH AVENUE, Burnaby BC V3N 1R5, 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® R2769193 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 8040 16TH AVENUE, Burnaby BC V3N 1R5 are Average. Property misconduct rating adjacent to MLS® R2769193 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 Southbound 1st St @ 16 Ave in 0.38 km away from this listing with - MLS® R2769193.

26.7% of people with university certificate/degree live in this neighbourhood adjacent to the 8040 16TH AVENUE, Burnaby BC V3N 1R5 which is Above Average in comparison with other BC neighbourhoods. 18% of population in this neighbourhood that is near the Listing MLS® R2769193 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 8040 16TH AVENUE, Burnaby BC V3N 1R5, Burnaby, BC is $77995 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2769193 is $28282 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 58.8% which is Average.

Unemployment rate in the area around Real Estate Listing # R2769193 is 6.8 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 8040 16TH AVENUE, Burnaby BC V3N 1R5 East Burnaby where population change between 2011 and 2016 was 2.7%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8040 16TH AVENUE, Burnaby BC V3N 1R5, Burnaby, BC is 5041.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 8040 16TH AVENUE, Burnaby BC V3N 1R5 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® R2769193 is 71.9% and it is High. % of Married or living common law is around 55.1% and it is Below Average.

Average age of the population close to the 8040 16TH AVENUE, Burnaby BC V3N 1R5 is 40.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8040 16TH AVENUE, Burnaby BC V3N 1R5, Burnaby, BC is $1180386 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 8040 16TH AVENUE, Burnaby BC V3N 1R5. $1724 owners spent in average for the dwelling. Tenants are paying $1059 in this district close to MLS® R2769193 and it is Average comparing to other cities.

38.3% of Population in this district near the 8040 16TH AVENUE, Burnaby BC V3N 1R5 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8040 16TH AVENUE, Burnaby BC V3N 1R5, Burnaby, BC is 3.9%, it is Low, % of English speakers only is 89% and Average. % of Neither English nor French speakers close to home for sale 8040 16TH AVENUE, Burnaby BC V3N 1R5, Burnaby, BC is 7.2% and it is High comparing to other BC cities.

25.8% of all population in the area around this property with the address 8040 16TH AVENUE, Burnaby BC V3N 1R5, Burnaby, BC using Public Transport which is High, 70.3% of using population are using Cars around MLS® R2769193, which is Below Average. 1% of people using Bicycles around the 8040 16TH AVENUE, Burnaby BC V3N 1R5 and it is Average. 2.2% 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 $1,999,999
Burnaby $2,383,000
East Burnaby $2,198,000
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
778-918-5990
Call or Text Now!
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