$1,690,000
6768 Elwell St, Burnaby, BC
$1,640,000
Est. Mortgage /mo
MLS® R3085160
3
Beds
2
Baths
1446
sqft
1134
$
/sqft
1955
built
Property Details & Specs
Opportunity Knocks! Great holding property in the Highgate Area of south Burnaby. Renovate now and hold for future development or build now. Current new R1 zoning allows for up to 6 dwelling units on this large 6000 sq.ft. lot (WITH LANE ACCESS) or combine with adjoining lots to building up to 6 story apartment building. For details of potential, consult City of Burnaby and the Edmonds Community Plan. Property is located in the Windsor Elementary and Byrne Creek Secondary catchment area and is close to transit, shopping, parks and the Edmonds Community Centre. Call today to discuss the potential of this prime lot.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Dining Room | 12' x 12' ft |
| Main Level | Kitchen | 11'6 x 11'6 ft |
| Main Level | Bedroom | 12'11 x 12'11 ft |
| Main Level | Bedroom | 12' x 12' ft |
| Basement Level | Bedroom | 9' x 9' ft |
| Basement Level | Recreation Room | 24' x 24' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | No | #3 |
Listed by: Macdonald Realty (Surrey/152)
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
- Byrne Creek Community School
- 1.74 km
- Elementary
- Windsor Elementary School
- 0.82 km
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
- Above Average
- 0.24 km
- Secondary
- St.Thomas More Collegiate
- 1.92 km
Closest Transit
- Bus Stop
- Southbound Griffiths Ave @ Elwell St
- 0.17 km
- Skytrain
- Skytrain @ Edmonds Stn
- 1.05 km
Crime Rate
- Total Crime Rate
- Below Average
- Violent Crime Rate
- Low
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Average
- 30.5%
- No Certificate/Degree
- Average
- 14.9%
- Owner Occupied
- Below Average
- 48%
- Employment Rate
- Above Average
- 69.1%
Noise/ Power Lines
- Road/Hwy Noise
- Possible
- 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
$505
Maintenance fee
0
Financing 80% of the $1,640,000 asking price over 30 years at 4% results in approximately $6,769/month in total estimated carrying costs, $505 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 $4,306/month in rental income, leaving a -$2,633/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
$1,640,000
Burnaby
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Highgate
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There are currently no comparable Single Family Residences active in Highgate. The Burnaby-wide average for similar 3-bedroom properties is $1,870,000 (2 listings). This home is priced 12.3% below that benchmark.
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 6768 Elwell Street, Burnaby, BC?
The closest top-rated schools are Byrne Creek Community School and Windsor Elementary School.
Is 6768 Elwell Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 6768 Elwell Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $9,840.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
