7988 Sussex Ave, Burnaby, BC, MLS® R3013162

$2,388,000
Est. Mortgage /mo

$2,388,000
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
5 Beds
3 Baths
2 Stories
lot 9438 sqft
2606 sqft
1967 built
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Map
Street view
Schools
Crime
Commute
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7988 Sussex Ave, Burnaby, BC | MLS® R3013162 Property Details

FIRST TIME EVER ON THE MARKET. (ORIGINAL OWNER) This IMMACULATELY MAINTAINED Family home is situated on a BEAUTIFULLY MANICURED 9,438 sq.ft lot in the South Slope of Burnaby. Features of this home include 3 large bedrooms up & 2 large bedrooms down. 2.5 bathrooms, & 2 fireplaces. There is a detached GARAGE that is ALMOST 500 sq. ft. & plenty of PARKING. PRIDE OF OWNERSHIP SHOWS IN THIS SOLIDLY BUILT home in a very DESIREABLE Neighborhood close to schools, Metrotown & Skytrain. Perfect for the growing family (move in ready). Potential for the BUILDER / INVESTOR. RV parking available. Plenty of room for 7 vehicles.

General Info

Price $2,388,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2606
Lot Size 9438
Lot Size Depth Feet
Lot Size Frontage 66
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1967
Age Of Building 58
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer, Dryer, Dishwasher, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3013162
Area Burnaby South
Neighbourhood South Slope
City Burnaby
Gross Taxes $6,397.99
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Garage Double, Side Access
Total Parking Spaces 7

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites Unauthorized Suite
Laundry Common Area
# of Kitchens 2
Flooring Hardwood, Mixed
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View 1
View Description PANORAMIC
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Macdonald 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
1.5 km
Elementary
Nelson Elementary School
Average
0.82 km
6.8/10

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
2.93 km
Elementary, Secondary
Deer Lake School
3.68 km

Closest Transit

Translink
Westbound Portland St @ Sussex Ave
0.12 km
Skytrain
Skytrain @ Royal Oak Stn
1.51 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 7988 Sussex Avenue, a Hidden Gem in Burnaby, BC

As we step into this charming community, you'll discover a perfect blend of tranquility and convenience. Located in the heart of Burnaby, BC, this stunning property at 7988 Sussex Avenue boasts an unbeatable lifestyle.

Education

Our children will thrive in the esteemed Nelson Elementary School, rated 6.8/10, just a short 0.82 km away. This school is part of the highly-regarded Burnaby School District, known for its commitment to academic excellence. We're also close to Burnaby South Secondary School, rated No Rating, which provides a seamless transition to secondary education. For those seeking an alternative, St. Francis de Sales, an independent elementary school, boasts a stellar 9/10 rating and is just 2.93 km away. Deer Lake School, an independent secondary school, is also nearby, with a No Rating and a 3.68 km distance.

Safety and Security

Burnaby is renowned for its low crime rates, and this property is no exception. With a crime rate of 6,145.56, which is Below Average compared to other Canadian cities, you can rest assured that your family's safety is our top priority. According to Statistics Canada's 2020 report, the total crime rate in this neighbourhood has decreased by 11.13% year-over-year. Additionally, the illegal substances offences rate is Below Average, with a rating of 126.78, and the violent crime rate is Low, with a rate of 893.28. You can feel secure knowing that your loved ones are protected in this safe and welcoming community.

Community Amenities

This property is strategically located near the Westbound Portland St @ Sussex Ave bus station, just 0.12 km away, making it easy to commute to work, school, or enjoy the local attractions. The nearby South Slope area offers a mix of urban and natural beauty, with plenty of parks, trails, and shopping options to explore.

Demographics

Our community is a vibrant tapestry of young professionals, families, and individuals, with a median household income of $86,101, which is Above Average compared to other BC neighbourhoods. The area is home to 32.4% of residents with a university certificate or degree, making it an excellent place to network and build relationships. With a median personal income of $32,192, which is Average compared to the BC average, you'll find a comfortable balance between affordability and opportunity.

Lifestyle

As we explore this charming community, you'll discover a range of lifestyle amenities that cater to all interests. With a population density of 2,817.1 people per square kilometre, this area offers a unique blend of urban convenience and natural beauty. The average family size is 2.9, which is Average compared to the region, and 63.8% of families have children, making it an excellent place to raise a family. The average age of the population is 42.1, which is Average compared to other BC cities.

Real Estate

This stunning property at 7988 Sussex Avenue, Burnaby, BC (MLS® R3013162) is a rare find in the competitive BC real estate market. With an average dwelling value of $1,495,499, which is High compared to other areas in British Columbia, you can expect a significant return on investment. The average owner payments are High, with $1,839 spent on average for the dwelling, while tenants pay $1,253, which is Above Average compared to other cities.

Transportation

As we explore this community, you'll notice that 21.5% of the population uses public transport, which is Above Average, while 71.5% use cars, which is Below Average. 1.5% of residents use bicycles, which is Above Average, and 3.5% walk, which is Average.

Investment Opportunity

If you're looking for a solid investment opportunity, this property at 7988 Sussex Avenue, Burnaby, BC (MLS® R3013162) is an excellent choice. With a 20.2% rental rate, which is Average compared to other BC cities, you can expect a stable return on investment.

In conclusion, 7988 Sussex Avenue, Burnaby, BC (MLS® R3013162) is a hidden gem that offers a perfect blend of tranquility, convenience, and lifestyle amenities. Whether you're a family, young professional, or individual, this property has something for everyone.

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 $2,388,000
Burnaby $1,869,089
South Slope $1,888,000
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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