7520 Canada Way, Burnaby BC - Single Family Residence for Sale - MLS# R3117500

$1,598,000
Est. Mortgage $7,070/mo
4 Beds
4 Baths
3200 sqft
499 $ /sqft
1935 built
$1,598,000
Est. $7,070/mo with 20% down
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

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Property Details for 7520 Canada Way

The property sits on a 66*122 feet rectangle lot with backlane access. Total 7 bedrooms, 4 full bathrooms with over 2500 sqft living space. Basement level has two sets of one bedroom suites with separate entrances. Ground level and upper level each has two bedroom suite or can be combined with a bigger family home of four bedrooms. About 75% renovations done. The property will be sold "as is, where is". Detailed reno list can be provided upon request. The original R1 zoning changed to new R1 SSMUH District, which allows up to 6 multiunits under city's approved building designs. Great potentials for steady rental income and multi-unit development.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Electric
# of Kitchens 2
Flooring Laminate, Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,598,000
Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3200
Year Built 1935
Age Of Building 91
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Other, Side Access, Gravel
Total Parking Spaces 4
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 7922
Lot Size Depth Feet
Lot Size Frontage 66
MLS® # R3117500
Area Burnaby East
Neighbourhood East Burnaby
City Burnaby
Postal Code V3N 3K2
Gross Taxes $6,147.31
Zoning SFD

Property Timeline

Status Date Price
R3117500 / Active 04-28-2026 $1,598,000
Rooms
Floor Type Dimensions
Main Level Living Room 17' x 17' ft
Main Level Dining Room 10'6 x 10'6 ft
Main Level Kitchen 10'6 x 10'6 ft
Main Level Primary Bedroom 10'6 x 10'6 ft
Main Level Bedroom 16' x 16' ft
Main Level Bedroom 11'6 x 11'6 ft
Below Living Room 12' x 12' ft
Below Bedroom 13' x 13' ft
Below Kitchen 12' x 12' ft
Below Workshop 24' x 24' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Basement No #3
Basement No #3
Above Level Yes #4

Listed by: RE/MAX Westcoast & SRS Westside 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.

Map & Neighbourhood

Public Schools

Elementary
Twelfth Avenue Elementary School
0.55 km
Secondary
Cariboo Hill Secondary School
1.99 km

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

Private Schools

Elementary
Our Lady of Mercy School
0.76 km
Secondary
St.Thomas More Collegiate
0.72 km

Closest Transit

Bus Stop
Southbound Canada Way @ 16 Ave
0.04 km
Skytrain
Skytrain @ Edmonds Stn
1.93 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
26.7%
No Certificate/Degree
Above Average
18%
Owner Occupied
Below Average
58.8%
Employment Rate
Above Average
71.9%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 7520 Canada Way

Mortgage Calculator for 7520 Canada Way

/month
Principal & Interest
Property Taxes $512
Maintenance fee 0
Financing 80% of the $1,598,000 asking price over 30 years at 4% results in approximately $6,615/month in total estimated carrying costs, $512 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $5,396/month in rental income, leaving a -$1,385/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — East Burnaby, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $1,598,000
Burnaby Loading...
East Burnaby Loading...

No active comparable properties are currently available for this property type in Burnaby. The price evaluation chart will update as similar listings enter the market.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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