Rarely available home on the west side of highly desirable Hythe Ave in Capitol Hill, with sweeping exposure and excellent redevelopment potential. Extraordinary panoramic views of Burnaby, Richmond, Vancouver, downtown, ski hills, etc. There is a house on the land. Property is being sold as is, where is. Please do not walk the property without an appointment. Oil tank scan available. 15 minute walk to Confederation Park Elementary. Current zoning bylaws allow for up to 3-storey, 4-plex, with 40% site coverage on this standard lot. Or build your own primary building with secondary suite, and 2-storey rear building with attached garage - total build area of approx. 4,200sf (buyers and their agents must confirm all redevelopment possibilities with the City of Burnaby).
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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.
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Welcome to Capitol Hill, Burnaby, where 11 Hythe Avenue awaits!
As a seasoned realtor, I'm excited to share with you the charm and character of this incredible neighborhood. Located in the heart of Burnaby, BC, 11 Hythe Avenue is a hidden gem that offers the perfect blend of comfort, convenience, and community spirit.
Education: The backbone of a thriving community
Confederation Park Elementary School, located just 0.44 km from 11 Hythe Avenue, is a highly-rated institution with a 5.6/10 rating. This school is a testament to the neighborhood's commitment to providing top-notch education to its young residents. Families love this area because of its excellent school ratings and proximity to educational institutions.
In addition to Confederation Park Elementary, Alpha Secondary School is also within walking distance, offering students a seamless transition from elementary to secondary education. With a rating of 10/10, Holy Cross Elementary School is another excellent option for families, located just 1.51 km from 11 Hythe Avenue. For secondary independent school options, Lions Gate Christian Academy, with a rating of 9.2/10, is a short 3.24 km away.
Safety first: A secure and peaceful community
According to Statistics Canada's 2020 report, the neighborhood surrounding 11 Hythe Avenue has a below-average crime rate, with 6,145.56 incidents per 100,000 population. This is a testament to the community's focus on safety and security. With a below-average rate of drug-related offenses and a low rate of violent crimes, you can rest assured that 11 Hythe Avenue is a safe haven for you and your loved ones.
Lifestyle Amenities: Experience the best of Burnaby
From the moment you step out of 11 Hythe Avenue, you'll be surrounded by a plethora of lifestyle amenities that make living in Capitol Hill a joy. Westbound Dundas St @ N Hythe Ave, a convenient bus station, is just 0.05 km away, making it easy to get around the city. Burnaby's beautiful parks, beaches, and trails are also just a short distance away, perfect for outdoor enthusiasts.
Demographics: A vibrant and diverse community
With 29.9% of residents holding a university certificate or degree, 11 Hythe Avenue is part of a neighborhood that values education and personal growth. The median household income in the area is $68,324, which is average compared to other BC neighborhoods. However, the median personal income is $31,462, which is below average.
Real Estate Context: Invest in a thriving community
The average value of dwellings in Capitol Hill is a staggering $1,397,929, making 11 Hythe Avenue a valuable investment opportunity. With 36.7% of the population renting, this neighborhood is an excellent choice for property investors and those looking for a mix of owner-occupied and rental properties.
Commuting Convenience: Get where you need to go
With a below-average unemployment rate of 6.6% and a high percentage of residents using public transportation (21.7%), 11 Hythe Avenue offers an excellent balance of work and play. Cars are the primary mode of transportation, with 73.6% of residents using them, while 0.7% use bicycles and 2.7% walk.
In conclusion, 11 Hythe Avenue, Burnaby, BC, MLS® R3073753, is a unique opportunity to invest in a thriving community that offers excellent schools, a safe and peaceful environment, and a mix of lifestyle amenities. With its rich history, vibrant culture, and stunning natural surroundings, Capitol Hill is the perfect place to call home.
Contact me today to schedule a viewing and make 11 Hythe Avenue your dream home!
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