502 1888 Gilmore Ave, Burnaby, BC
$489,000
Est. Mortgage /mo
MLS® R3059014
1
Beds
1
Baths
484
sqft
1010
$
/sqft
322.62
$
Maint. fee
2020
built
Property Details & Specs
This stylish unit has high ceilings, air conditioning and gets lots of natural light. Sleek kitchen has stone counters, fridge, gas range, oven, dishwasher, and microwave. Bedroom has walk-in closet. Suite has in-suite laundry and a small outdoor area. Building has extensive common area and amenities including roof top deck with pool, and large recreation center. The location is a short walk to sky train, Winners, Save-On Foods. Brentwood Mall and provides easy access to BCIT and SFU. Cats and dogs are accepted with some restrictions. This unit has a good Tenant in place that might be appealling to an investor.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 5'5 x 5'5 ft |
| Main Level | Living Room | 10' x 10' ft |
| Main Level | Living Room | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Walk-In Closet | 5' x 5' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Royal LePage Westside
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 & Transit Info
Public Schools
- Elementary
- Kitchener Elementary School
- Average
- 0.53 km
- Secondary
- Alpha Secondary School
- 1.45 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Holy Cross Elementary School
- Above Average
- 1.66 km
- Secondary
- Whytecliff Agile Learning Centre (Burnaby)
- 1.72 km
Closest Transit
- Bus Stop
- Southbound Gilmore Ave @ 2nd Ave
- 0.04 km
- Skytrain
- Skytrain @ Gilmore Stn
- 0.31 km
Crime Rate
- Total Crime Rate
- Below Average
- Violent Crime Rate
- Low
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Above Average
- 36.7%
- No Certificate/Degree
- Below Average
- 9.5%
- Owner Occupied
- Below Average
- 60%
- Employment Rate
- Below Average
- 49.7%
Noise/ Power Lines
- Road/Hwy Noise
- Unlikely
- Railway/Sky train Noise
- Possible
- Airport/Port Noise
- Unlikely
- Close to major Power Lines
- Unlikely
Other
- Agricultural Land Reserve (ALR)
- Unlikely
- Flood Area
- Unlikely
- Close to Cemeteries
- Possible
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$125
Maintenance fee
0
Financing 80% of the $489,000 asking price over 30 years at 4% results in approximately $2,316/month in total estimated carrying costs, $125 property tax, $323 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
This listing generates an estimated $1,975/month in rental income, leaving a -$398/month cashflow at current carrying costs. Investors targeting break-even would need roughly 38% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$489,000
Burnaby
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Brentwood Park
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15 comparable Apartment/Condos are currently active in Brentwood Park, with a median asking price of $532,100. This property is listed 8.1% below the local average and 7.7% below the Burnaby average.
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
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
Property FAQs
What are the closest top-rated schools to 502 1888 Gilmore Avenue, Burnaby, BC?
The closest top-rated schools are Kitchener Elementary School and Alpha Secondary School.
Is 502 1888 Gilmore Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 502 1888 Gilmore Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,934.
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