7843 Wedgewood St, Burnaby, BC

$3,798,000 Est. Mortgage /mo

MLS® R3082120

6 Beds
4 Baths
2131 sqft
1782 $ /sqft
1955 built
$3,798,000
Est. /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

Property Details & Specs

A rare combination of holding income, future self re-development (6 units), or land assembly w 2 more lots into 4 storey building. Estimated rental income appr. $7,500/m. Once “in a lifetime opportunity. Be prepared for the future “. “4 -storey apartment zoning lots in new OCP”. Builders can also split one lot into 3 sml lots. Located in a rapidly growing area with excellent amenities, transit access, and strong future potential. The house was Recently done in stages into a very new offering with one legal 2 bed suite - can be 3 bed, or 2 more bd income generating accommodation. Reno was done w great workmanship. With 2 bedroom/2 bath up, Shed in backyard is yet another potential waiting for ideas. 3 full sets laundry machines.

General Info

Price $3,798,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2131
Lot Size 10350
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full, Finished
Basement Features -

Property Metrics

Year Built 1955
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3082120
Building Name -
Area Burnaby South
Neighbourhood Burnaby Lake
City Burnaby
Postal Code V5E 2E5
Price per Sqft $1,782
Gross Taxes $6,152.97
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Other, Front Access, Asphalt
Total Parking Spaces 4
Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites Legal Suite
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Guest Suite, Storage
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property Timeline

Status Date Price
R3082120 / Active 01-21-2026 $3,798,000
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 9'11 x 9'11 ft
Main Level Bedroom 11'6 x 11'6 ft
Main Level Kitchen 21'11 x 21'11 ft
Main Level Living Room 18'5 x 18'5 ft
Main Level Foyer 10'6 x 10'6 ft
Main Level Bar Room 7'7 x 7'7 ft
Main Level Bar Room 4'10 x 4'10 ft
Basement Level Kitchen 15'5 x 15'5 ft
Basement Level Bedroom 11'5 x 11'5 ft
Basement Level Bedroom 11'5 x 11'5 ft
Basement Level Laundry 11' x 11' ft
Basement Level Bar Room 4'1 x 4'1 ft
Basement Level Bedroom 7'8 x 7'8 ft
Basement Level Bedroom 7'8 x 7'8 ft
Basement Level Office 10'1 x 10'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4
Basement No #4
Below No #4
Listed by: Sutton Group Seafair Realty & RE/MAX Crest 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 Central Secondary School
3.28 km
Elementary
Lakeview Elementary School
Average
0.65 km
6.2/10

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
Above Average
1.29 km
10/10
Secondary
St.Thomas More Collegiate
1.23 km

Closest Transit

Bus Stop
Westbound Edmonds St @ 7800 Block
0.09 km
Skytrain
Skytrain @ Edmonds Stn
2.17 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
27.9%
No Certificate/Degree
Average
14.4%
Owner Occupied
Below Average
39.4%
Employment Rate
Above Average
68.2%

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 $513
Maintenance fee 0
Financing 80% of the $3,798,000 asking price over 30 years at 4% results in approximately $15,019/month in total estimated carrying costs, $513 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $10,022/month in rental income, leaving a -$5,273/month cashflow at current carrying costs. Investors targeting break-even would need roughly 50% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $3,798,000
Burnaby Loading...
Burnaby Lake Loading...
This listing has no active comparable properties in Burnaby at present. The price evaluation chart will update as similar listings become available.
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

Property FAQs

What are the closest top-rated schools to 7843 Wedgewood Street, Burnaby, BC?
The closest top-rated schools are Burnaby Central Secondary School and Lakeview Elementary School.
Is 7843 Wedgewood Street, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7843 Wedgewood Street, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $22,788.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $22,864
0 of 17 missions

Sign up on Estateblock.com

$1,143 / 5%

Buy with us & save on this property

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent