121 5355 Lane St, Burnaby, BC, MLS® R3079960

$649,000
Est. Mortgage /mo

NEW

$649,000
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
2 Beds
2 Baths
0 Stories
$ 393.01 Maint. Fee
786 sqft
2020 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

121 5355 Lane St, Burnaby, BC | MLS® R3079960 Property Details

Welcome to this bright CORNER 2 bed, 2 bath unit with a ground-floor porch entry, for easy access and a touch of outdoor living. Functional layout with U-shaped kitchen, quartz countertops and 9 ft ceilings. The bedrooms are on opposite sides for added privacy. Clean and well-maintained home located in a quiet inside location. Comes with 1 PARKING STALL and 1 STORAGE LOCKER plus lots of visitor parking. Just steps to Royal Oak SkyTrain, Kingsway shops and restaurants, and Bonsor Community Centre. School catchment: Maywood Community Elementary & Burnaby South Secondary. Come take a look and make it yours!

General Info

Price $649,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 786
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2020
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Architecture Style Ground Level Unit
Stories 0
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Trash, Maintenance Grounds, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3079960
Area Burnaby South
Neighbourhood Metrotown
City Burnaby
Gross Taxes $2,142.41
Ownership Type Freehold Strata
Maintenance Fee $393.01
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Management, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View Description -
Units In Development 217
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Regent Park Realty Inc.

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
0.75 km
Elementary
Maywood Community School
Average
1 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
1.47 km
9/10
Excellent
Elementary, Secondary
Deer Lake School
2.1 km

Closest Transit

Bus Stop
Westbound Kingsway @ Denbigh Ave
0.16 km
Skytrain
Skytrain @ Royal Oak Stn
0.34 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 121 5355 Lane Street, a charming property located in the heart of Burnaby, BC

As we step into the vibrant neighborhood of 121 5355 Lane Street, we're surrounded by excellent schools, a safe community, and endless opportunities for outdoor activities. This stunning home, listed as MLS® R3079960, is a must-see for anyone looking to call this beautiful city their own.

Education at its Finest

Our neighborhood is served by the esteemed Maywood Community School, rated 4.5/10, located a mere 1 km from our property. This school is just one of the many educational institutions that make our community a great place to raise a family. We're also close to Burnaby South Secondary School, which has a no-ratings policy, but we're confident that the school's commitment to excellence will shine through.

But that's not all! Our neighborhood is also home to several independent schools, including St. Francis de Sales, a top-rated elementary school with a 9/10 rating, located just 1.47 km from our property. For secondary education, Deer Lake School is just a 2.1 km stroll away, offering a unique learning experience with a no-ratings policy.

Safety First

According to the latest statistics from Statistics Canada (2020), our neighborhood has a below-average crime rate, with 15,851 reported incidents. This translates to a crime rate of 6,145.56 incidents per 100,000 population, which is significantly lower than the national average. In fact, our neighborhood has seen a remarkable year-over-year decline in crime rates, with a 2.35% reduction in property misconduct and a 5.51% decrease in violent crime rates.

A Thriving Community

Our neighborhood is a melting pot of cultures, with a diverse range of residents, including families with young children. With a median household income of $55,723, our community is a great place to call home, with access to excellent schools, community amenities, and a strong sense of community.

Easy Commuting

Getting around is a breeze, with the Westbound Kingsway @ Denbigh Ave bus station just 0.16 km away from our property. Our neighborhood is also well-connected to major highways, making it easy to explore the surrounding area or commute to work.

Demographics

Our neighborhood is a mix of young professionals and families, with a high percentage of residents holding a university certificate or degree (33.6%). This is a significant advantage, as it indicates a highly educated and motivated community. The median personal income is $27,840, which is below average compared to the rest of British Columbia. However, the average owner payments are above average, with homeowners spending an average of $1,451 per month on their dwellings.

Real Estate Insights

The average value of dwellings in our neighborhood is $536,746, which is above average compared to other areas in British Columbia. The average owner payments and tenant rents are also above average, with homeowners and tenants paying $1,451 and $1,135 per month, respectively. This indicates a strong and stable real estate market in our neighborhood.

Language and Transportation

Our neighborhood is a melting pot of languages, with a below-average percentage of English and French speakers (4.3%). However, the majority of residents (86.7%) speak English only, which is also below average. Interestingly, 8.8% of residents speak neither English nor French, which is a significant percentage compared to other BC cities.

In terms of transportation, our neighborhood is well-connected, with a high percentage of residents using public transportation (34.6%) and a low percentage of residents using cars (59.2%). This is a great advantage for environmentally conscious residents and those who prefer to use alternative modes of transportation.

Conclusion

121 5355 Lane Street, Burnaby, BC (MLS® R3079960) is a stunning property that offers the perfect blend of education, safety, community amenities, and real estate opportunities. Whether you're a young professional, a family, or simply looking for a great place to call home, this property has something for everyone. So why wait? Contact us today to schedule a viewing and make this property your dream home!

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 $649,000
Burnaby $851,734
Metrotown $916,766
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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