8935 Monroe Ave, Burnaby, BC, MLS® R2976370

$2,288,000
Est. Mortgage /mo

$2,288,000
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
3 Baths
2 Stories
lot 7722 sqft
2677 sqft
1971 built
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Photos
Map
Street view
Schools
Crime
Commute
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8935 Monroe Ave, Burnaby, BC | MLS® R2976370 Property Details

Beautiful, well kept family home located on a quiet street in the most desirable Crest Area, Burnaby East. Renovated throughout the house, including Kitchen, Bathrooms, 200 amps electric panel, A/C. New Roof, New Window, New Hot Water Tank and Furnace. Fully finished basement features 2 bedrooms, a spacious recreation room, with a separate entrance. Great potential for in-law suite, or mortgage helper, or for family business uses. Super wide frontage and the back lane access, makes this 7722 sqft lot perfect for multi-unit housing development. This property is not only perfect for living but also presents a unique opportunity for independent development or a collaborative project with the neighboring properties. We will help unlock the full potential. Call today!

General Info

Price $2,288,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2677
Lot Size 7722
Lot Size Depth Feet
Lot Size Frontage 78
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1971
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2976370
Area Burnaby East
Neighbourhood The Crest
City Burnaby
Gross Taxes $5,675.45
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Heat Pump, Natural Gas
Cooling Air Conditioning

Utilities

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

Parking

Parking Type Garage Double, Front Access
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Pantry
Locker -
View 1
View Description /
Units In Development -
Exterior Features Private Yard
Roof Asphalt

Property History

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Status Date Price
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Listed by: 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

Elementary
Armstrong Elementary School
Average
0.26 km
Rating 6.4/10
Secondary
Cariboo Hill Secondary School
0.79 km
No Rating

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

Private Schools

Elementary
St.Michaels School
0.68 km
Rating 9.9/10
Secondary
Carver Christian High School
0.52 km
No Rating

Closest Transit

Translink
Southbound Cariboo Rd @ 7600 Block
0.1 km

Welcome to 8935 Monroe Avenue, a beautiful property located in the heart of Burnaby, BC, listed as MLS® R2976370. As your trusted realtor, I'm excited to take you on a tour of this fantastic community and highlight its many amenities.

Education

First, let's talk about education. This property is serviced by Armstrong Elementary School, which has a rating of 6.4/10 and is located just 0.26 km away. Families love this area because of its excellent schools, and Armstrong Elementary is no exception. You'll also find Cariboo Hill Secondary School nearby, with a rating of No Rating, located 0.79 km from this property.

If you're looking for independent school options, St. Michael's School is just a short distance away, with a rating of 9.9/10 and located 0.68 km from this home. For secondary independent school options, Carver Christian High School is also nearby, with a rating of No Rating and located 0.52 km from this property.

Crime

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. In fact, the overall crime rate in this area has seen a significant decrease of -11.13% over the years. When it comes to drug-related crimes, the rate is also Below Average, with a rating of 126.78 and 327 incidents in 2020. Year by year, the illegal substances offences ranking has seen a slight increase of 2.35%.

Demographics

Let's take a look at the demographics of this area. With a median household income of $90,766, this neighbourhood is Above Average compared to other areas in British Columbia. Additionally, 32.8% of the population in this area has a university certificate or degree, which is High compared to other BC neighbourhoods. On the other hand, 12.6% of the population has no certificate or degree, which is Below Average compared to the average in BC.

Transit

When it comes to transit, the closest bus station is the Southbound Cariboo Rd @ 7600 Block, which is just 0.1 km away from this property. With a wide range of transportation options available, you'll have no problem getting around this beautiful city.

Lifestyle Amenities

This neighbourhood is surrounded by a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll also find a hospital nearby, ensuring you have access to quality healthcare services.

Real Estate Context

The average dwelling value in this area is $1,097,982, which is High compared to other areas in British Columbia. On average, owners spend around $1,709 per month on their dwellings, while tenants pay $1,261. With a mix of owners and renters in the area, this neighbourhood offers a diverse range of housing options.

Population and Growth

The population density in this area is 1,592.4 people per square kilometre, which is Average compared to other BC cities. The population change between 2011 and 2016 was 4.5%, which is Above Average compared to the average growth rate of this region. You'll also find that the average family size in this area is 3.1, which is Above Average compared to the whole region.

Age and Language

The average age of the population in this area is 40.5 years old, which is Average compared to other BC cities. When it comes to language, 89.5% of the population speaks only English, which is Average compared to other BC cities. On the other hand, 4% of the population speaks neither English nor French, which is High compared to other BC cities.

Transportation

When it comes to transportation, 21% of the population in this area uses public transport, which is Above Average. On the other hand, 73.3% of the population uses cars, which is Below Average. You'll also find that 3.5% of the population walks, which is Average.

In conclusion, 8935 Monroe Avenue, Burnaby, BC, listed as MLS® R2976370, is a fantastic property located in a beautiful community with excellent schools, a low crime rate, and a diverse range of lifestyle amenities. With its mix of owners and renters, this neighbourhood offers a unique and exciting living experience. As your trusted realtor, I would be happy to answer any questions you may have and help you 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 $2,288,000
Burnaby $2,142,050
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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