$2,000,000
5.1% price reduction
560 Springer Ave, Burnaby, BC
$1,899,000
Est. Mortgage /mo
MLS# R3077203
3
Beds
2
Baths
1480
sqft
1283
$
/sqft
1922
built
Property Details & Specs
5.1% price reduction
ATTN Developers: Exceptional corner lot offering 8,478 sq ft with views in Burnaby North. Zoned for up to 6 units, this property is ideally positioned for a row home, multiplex, or innovative middle-market housing project. Located one block from Hastings Street, minutes to Brentwood Mall and SkyTrain, and close to Capitol Hill Elementary, parks, and amenities. Quick access to downtown Vancouver by car or transit. A rare opportunity to secure a well-located infill site in a high-demand neighbourhood with strong long-term fundamentals and outstanding redevelopment upside.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11'5 x 11'5 ft |
| Main Level | Kitchen | 11'5 x 11'5 ft |
| Main Level | Dining Room | 11'5 x 11'5 ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | No | #4 |
Listed by: Sutton Centre 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 & Transit Info
Public Schools
- Secondary
- Burnaby North Secondary School
- 1.08 km
- Elementary
- Capitol Hill Elementary School
- Above Average
- 0.55 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
- 1.03 km
- Elementary, Secondary
- Lions Gate Christian Academy
- Above Average
- 3.79 km
Closest Transit
- Bus Stop
- Eastbound Hastings St @ Springer Ave
- 0.07 km
- Skytrain
- Skytrain @ Holdom Stn
- 1.72 km
Crime Rate
- Total Crime Rate
- Below Average
- Violent Crime Rate
- Low
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Average
- 29.2%
- No Certificate/Degree
- Average
- 13.6%
- Owner Occupied
- Below Average
- 43%
- Employment Rate
- Above Average
- 70.1%
Noise/ Power Lines
- Road/Hwy Noise
- Unlikely
- Railway/Sky train Noise
- Unlikely
- Airport/Port Noise
- Unlikely
- Close to major Power Lines
- Unlikely
Other
- Agricultural Land Reserve (ALR)
- Unlikely
- Flood Area
- Unlikely
- Close to Cemeteries
- Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$562
Maintenance fee
0
Financing 80% of the $1,899,000 asking price over 30 years at 4% results in approximately $7,815/month in total estimated carrying costs, $562 property tax.
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 $4,986/month in rental income, leaving a -$3,026/month cashflow at current carrying costs. Investors targeting break-even would need roughly 54% 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
$1,899,000
Burnaby
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Capitol Hill BN
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This listing has no active comparable properties in Burnaby at present. The price evaluation chart will update as similar listings become available. This property is flagged as a Hot Deal (5.1% price reduction) based on its competitive pricing and market demand.
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 560 Springer Avenue, Burnaby, BC?
The closest top-rated schools are Burnaby North Secondary School and Capitol Hill Elementary School.
Is 560 Springer Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 560 Springer Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $11,394.
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