7520 Canada Way, Burnaby, BC, MLS® R3070925

$1,768,000
Est. Mortgage /mo

NEW

$1,768,000
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
7 Beds
4 Baths
2 Stories
lot 7922 sqft
2502 sqft
1935 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7520 Canada Way, Burnaby, BC | MLS® R3070925 Property Details

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.

General Info

Price $1,768,000
Total Bedrooms 7
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2502
Lot Size 7922
Lot Size Depth Feet
Lot Size Frontage 66
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1935
Age Of Building 90
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3070925
Area Burnaby East
Neighbourhood East Burnaby
City Burnaby
Gross Taxes $6,147.31
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Other, Side Access, Gravel
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning SFD
Rental Suites Unauthorized Suite
# of Kitchens 4
Flooring Laminate, Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Westcoast

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
Cariboo Hill Secondary School
1.98 km
Elementary
Twelfth Avenue Elementary School
Average
0.53 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
0.75 km
Secondary
St.Thomas More Collegiate
0.71 km

Closest Transit

Translink
Southbound Canada Way @ 16 Ave
0.06 km
Skytrain
Skytrain @ Edmonds Stn
1.94 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 7520 Canada Way, Burnaby, BC - Your Dream Home Awaits!

As a seasoned realtor with over a decade of experience in British Columbia real estate, I'm thrilled to take you on a tour of this stunning property, MLS® R3070925. Located in the heart of Burnaby, this beautiful home is nestled in a vibrant community, offering the perfect blend of urban convenience and natural beauty.

Education at its Finest

Let's start with the top-notch education system in this area. The property is serviced by Twelfth Avenue Elementary School, which boasts a rating of 6.2/10. With a distance of 0.53 km from the school, your little ones will have a safe and convenient commute. Additionally, Cariboo Hill Secondary School is just 1.98 km away, providing a wide range of academic and extracurricular opportunities. For those seeking a more independent education, Our Lady of Mercy School and St.Thomas More Collegiate are nearby, offering a rating of 10/10 and No Rating, respectively.

Safety First

When it comes to crime, this neighbourhood shines bright. According to the latest statistics from Statistics Canada (2020), the overall crime rate near 7520 Canada Way, Burnaby, BC is 6,145.56, which is considered Below Average compared to other Canadian cities. The rate of drug-related crimes is also Below Average, with a rating of 126.78. Property crimes are Average, with a rating of 3,691.76. And, with a violent crime rate of 893.28, you can rest assured that this area is Low-risk.

Community Spirit

This vibrant community is home to a diverse population, with 26.7% of residents holding a university certificate or degree, which is Above Average in comparison to other BC neighbourhoods. The median household income is $77,995, making it Above Average compared to the British Columbia average. With a median personal income of $28,282, this area is a great choice for families and individuals alike.

Lifestyle Amenities

Imagine waking up each morning to the sound of birds chirping and the aroma of freshly brewed coffee wafting from the nearby cafes. This property is close to a variety of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. Stroll along the scenic Canada Way, where you'll find the Southbound Canada Way @ 16 Ave bus station just 0.06 km away.

Real Estate Context

With an average value of dwellings in this neighbourhood at $1,180,386, this area is considered High compared to other areas in British Columbia. The average owner payments are also High, with owners spending an average of $1,724 per month. Tenants, on the other hand, pay an average of $1,059 per month, which is Average compared to other cities. With 38.3% of the population renting, this area is Above Average compared to other BC cities and areas.

Getting Around

For those who prefer public transportation, 25.8% of the population uses it, making it High in this area. Cars are the preferred mode of transportation for 70.3% of the population, which is Below Average. Bicycles and walking are also popular, with 1% and 2.2% of the population using these modes, respectively.

Why You'll Love It

In this exceptional community, you'll find a diverse population with a strong sense of community. With a high percentage of families with children (71.9%) and a median age of 40.3, this area is perfect for those seeking a warm and welcoming environment. As a seasoned realtor, I can attest that this property, MLS® R3070925, is a rare find. Don't miss out on this opportunity to own a piece of this vibrant community!

Make It Yours

Ready to make 7520 Canada Way, Burnaby, BC your dream home? Contact me today to schedule a viewing and experience the best of Burnaby's real estate market. MLS® R3070925 - a rare gem waiting for you!

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 $1,768,000
Burnaby $1,774,500
East Burnaby 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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