5507 Dorset St, Burnaby, BC, MLS® R2997235

$2,999,000
Est. Mortgage /mo

$2,999,000
Est. Mortgage /mo
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
0 Stories
lot 6561 sqft
0 sqft
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5507 Dorset St, Burnaby, BC | MLS® R2997235 Property Details

Exceptional development opportunity in Burnaby’s desirable Royal Oak Urban Village! This 66 x 102 ft (6,732 SF), south-facing corner lot is just one block from Royal Oak SkyTrain Station, offering excellent exposure and transit access. Zoned M4 Special Industrial, it supports various light industrial uses and is designated for Medium Density Mixed Use 12 storeys mid-rise under the Royal Oak Community Plan. Contact Listing Agents for further details.

General Info

Price $2,999,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 6561
Lot Size Depth Feet
Lot Size Frontage 64.12
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R2997235
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Gross Taxes $5,216.22
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone At Lot Line, Cable At Lot Line
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning M4
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: eXp Realty & eXp 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 Info

Public Schools

Secondary
Burnaby South Secondary School
0.55 km
Elementary
Maywood Community School
Average
1.12 km
4.5/10

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
1.33 km
Elementary, Secondary
Deer Lake School
2.28 km

Closest Transit

Bus Stop
Northbound Antrim Ave @ Victory St
0.24 km
Skytrain
Skytrain @ Royal Oak Stn
0.30 km

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

Welcome to 5507 Dorset Street, a Hidden Gem in Burnaby, BC

As we step into the vibrant community of Burnaby, BC, you'll be charmed by the amenities and charm of 5507 Dorset Street, a stunning residence with listing MLS(R) R2997235. Let's take a tour of the neighborhood and explore what makes this area so special.

Education at the Heart of the Community

Maywood Community School, a highly-rated institution with a 4.5/10 rating, is just a 1.12 km stroll from 5507 Dorset Street, Burnaby, BC. Families love this area because of the excellent educational opportunities. Additionally, Burnaby South Secondary School, with a No Rating, is a mere 0.55 km away, offering a supportive learning environment for students.

Independent Schools for a Personalized Education

For those seeking a more unique educational experience, St. Francis de Sales, an independent elementary school with a stellar 9/10 rating, is just 1.33 km from 5507 Dorset Street, Burnaby, BC. Deer Lake School, a secondary independent school with No Rating, is a 2.28 km walk, providing a comprehensive education in a nurturing environment.

A Safe and Secure Community

The most recent crime data from Statistics Canada (2020) reveals a Below Average crime rate in the neighborhood around 5507 Dorset Street, Burnaby, BC, with 6,145.56 incidents per 100,000 population. The rate is significantly lower than the national average, providing peace of mind for residents.

Demographics and Lifestyle

According to data, 33.6% of residents in this neighborhood have a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 12.7% of the population has no higher education, which is Below Average. The median household income is $55,723, which is Below Average, while the median personal income is $27,840, also Below Average.

Thriving Metropolis with Easy Access to Amenities

Located in the heart of Metrotown, 5507 Dorset Street, Burnaby, BC, offers unparalleled access to shopping, dining, and entertainment. The nearby Metrotown Mall is a shopper's paradise, while the SkyTrain and bus routes provide convenient transportation options.

Community and Lifestyle Amenities

This charming neighborhood boasts a range of amenities, including:

  • Northbound Antrim Ave @ Victory St bus station, just 0.24 km away
  • St. Francis de Sales park and playground, a 1.33 km stroll
  • Metrotown Mall, a 1.4 km walk
  • Burnaby South Secondary School, a 0.55 km walk
  • Maywood Community School, a 1.12 km walk

Real Estate and Economic Context

The average dwelling value in this neighborhood is $536,746, which is Above Average compared to other areas in British Columbia. The average owner payments are also Above Average, with $1,451 spent on average for the dwelling. Tenants pay $1,135, also Above Average. Furthermore, 36.6% of the population are renters, which is Above Average compared to other BC cities.

Getting Around

The neighborhood is well-connected, with 34.6% of residents using public transport, 59.2% driving, 0.5% using bicycles, and 5.1% walking.

Experience the Best of Burnaby

At 5507 Dorset Street, Burnaby, BC, MLS(R) R2997235, you'll find a vibrant community that offers the perfect blend of education, security, and lifestyle amenities. Don't miss out on this incredible opportunity to own a piece of this thriving metropolis. Contact me today to schedule a viewing!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,999,000
Burnaby $2,387,500
Metrotown No comparables
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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