7168 Sussex Ave, Burnaby, BC | MLS^® R3041637 Property Details

This exceptional property presents a fantastic chance to build up to 6 units (buyers are encouraged to verify details with the City Hall). Nestled in the highly sought-after Metrotown area, the home sits on an expansive 9,150 SF lot, offering immense potential for redevelopment or multi-family investment. Enjoy the ultimate convenience with walking distance to Metrotown Mall, SkyTrain stations, Crystal Mall, public library, Central Park, and all essential daily amenities. The property is currently in move-in condition and very well-maintained, making it a solid and promising investment. Don’t miss this rare gem—whether as a dream home or a strategic real estate venture. Contact us today to schedule a private viewing.

General Info

Price $2,888,000

Total Bedrooms 6

Total Bathrooms 3

Half Bathrooms 1

Floor Area Total (sqft) 2876

Lot Size 9150

Lot Size Depth Feet

Lot Size Frontage 75

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1990

Age Of Building 35

Building Type Single Family Residence

Property Type Residential

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3041637

Area Burnaby South

Neighbourhood Metrotown

City Burnaby

Gross Taxes $7,770.27

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 2

Heating Type Electric

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access

Total Parking Spaces 4

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Strata Restrictions -

Rental Restrictions -

Zoning R1

Rental Suites Unauthorized Suite

# of Kitchens 1

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony, Private Yard

Sewer Public Sewer, Sanitary Sewer

Roof Concrete

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'8 x 14'8 ft
Main Level	Kitchen	9'6 x 9'6 ft
Main Level	Bedroom	7'6 x 7'6 ft
Above Level	Primary Bedroom	12'2 x 12'2 ft
Above Level	Bedroom	9'8 x 9'8 ft
Above Level	Bedroom	11' x 11' ft
Abv Main 2	Bedroom	10'4 x 10'4 ft
Above Level	Bedroom	9'8 x 9'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Main Level	No	#3
Above Level	No	#3
Above Level	Yes	#4

Listed by: LeHomes Realty Premier

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

1.45 km

Elementary

South Slope Elementary School

Above Average

0.3 km

7/10

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

2.78 km

Elementary, Secondary

Deer Lake School

2.95 km

Closest Transit

Translink

Northbound Sussex Ave @ Victory St

0.03 km

Skytrain

Skytrain @ Metrotown Stn

0.75 km

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

Welcome to 7168 Sussex Avenue, a stunning property located in the heart of Burnaby, BC.

As we step into this beautiful home, you'll notice its proximity to top-rated schools.

South Slope Elementary School

, with its impressive rating of 7/10, is just a 0.3 km stroll away. Families love this area because of the excellent education system, and this school is no exception. With its strong reputation, it's no wonder that parents in the neighborhood rave about the school's commitment to academic excellence.

Burnaby South Secondary School

, another esteemed institution, is also nearby, located 1.45 km from this property. Although it doesn't have a rating, its proximity to this home and the trust it has earned in the community make it a valuable asset for families in the area.

For those seeking an alternative education path,

St. Francis de Sales

, a highly-rated independent elementary school, is just 2.78 km away. With a rating of 9/10, it's a testament to the school's dedication to providing a nurturing and intellectually stimulating environment for its students.

For secondary independent school options,

Deer Lake School

, with no rating, is located 2.95 km from this property. While it may not have a rating, its commitment to providing a unique educational experience makes it an attractive option for families seeking alternative learning environments.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a below-average crime rate of 6,145.56 incidents per 100,000 population.

The crime rate in this area is significantly lower than the national average

, providing residents with peace of mind and a sense of security.

Breaking down the crime statistics further, we see that

drug crime rates

are also below average, with a rating of 126.78 and 327 incidents in 2020. This trend is consistent, with a year-over-year change of 2.35%.

In terms of property crimes, this neighborhood has an average rate of 3,691.76 incidents per 100,000 population, with 9,522 incidents in 2020. The year-over-year change is a notable -17.54%.

Violent crime rates are also low, with 2,304 incidents in 2020 and a rate of 893.28 incidents per 100,000 population. This is a

low rate compared to other BC municipalities

, and the year-over-year change is -5.51%.

Now, let's explore the demographics of this neighborhood.

34.6% of the population holds a university certificate or degree

, which is high compared to other BC neighborhoods. On the other hand,

14.4% of the population has no certificate or degree

, which is below average.

In terms of income, the

median household income is $67,021

, which is average compared to other neighborhoods in British Columbia. The

median personal income is $22,482

, which is low compared to the BC average.

42.7% of households have a mortgage

, which is low compared to other neighborhoods.

The

unemployment rate in this area is 7.4%

, which is average compared to other neighborhoods in the province.

This neighborhood is experiencing

average population growth

, with a 2.2% change between 2011 and 2016.

Population density is high

, with 4,125.1 people per square kilometer.

Average family size is above average

, with 3 members per family, and

69.7% of families have children

, which is high compared to other neighborhoods. However,

53.2% of the population is married or in a common-law relationship

, which is below average.

The average age of the population is 43

, which is above average compared to other BC cities.

Finally, let's discuss the real estate context.

The average value of dwellings in this neighborhood is $1,533,813

, which is high compared to other areas in British Columbia.

Average owner payments are high

, with owners spending $1,669 per month on average. Tenants are paying $1,130 per month, which is above average compared to other cities.

36.1% of the population in this neighborhood are renters

, which is above average compared to other BC cities and areas.

The language spoken at home is predominantly English

, with 86.3% of the population speaking only English, which is below average.

9.7% of the population speaks neither English nor French

, which is high compared to other BC cities.

30.6% of the population uses public transport

, which is high compared to other neighborhoods.

60.2% of the population uses cars

, which is low compared to other neighborhoods.

2% of the population uses bicycles

, which is

7168 Sussex Ave, Burnaby, BC, MLS^® R3041637