2529 Larkin Court, Burnaby, BC, MLS® R3078498

$1,299,000
Est. Mortgage /mo

NEW

$1,299,000
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
6 Beds
2 Baths
2 Stories
lot 7020 sqft
2412 sqft
1961 built
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Map
Street view
Schools
Crime
Commute
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2529 Larkin Court, Burnaby, BC | MLS® R3078498 Property Details

Offered for the first time in over 50 years, this property is on a generous 7,000 sqft lot in a highly central sought after location. Situated within the 400m Transit-Oriented Development (TOD) zone, it presents exceptional future potential under Burnaby’s new Official Community Plan. It emphasizes increased density & transit focused growth, whether you restore the existing structure, invest for the long term, or build your dream 4 plex. The current home is best suited for redevelopment, prospective buyers are encouraged to verify all development possibilities directly with the City of Burnaby. Positioned just steps from the SkyTrain, shopping, recreation, the YMCA, and everyday amenities, this is a rare opportunity to secure a prime piece of land in a rapidly evolving neighborhood.

General Info

Price $1,299,000
Total Bedrooms 6
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2412
Lot Size 7020
Lot Size Depth Feet
Lot Size Frontage 60
Basement Full, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1961
Age Of Building 65
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3078498
Area Burnaby North
Neighbourhood Oakdale
City Burnaby
Gross Taxes $5,627.74
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Carport Single, Front Access, Concrete
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites None
# of Kitchens 1
Flooring Laminate, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX All Points Realty & The Agency Vancouver

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 Mountain Secondary School
1.36 km
Elementary
Lyndhurst Elementary School
0.24 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Mediated Learning Academy
0.71 km
Elementary, Secondary
Mediated Learning Academy
0.71 km

Closest Transit

Bus Stop
Eastbound Como Lake Ave @ North Rd
0.27 km
Skytrain
Skytrain @ Burquitlam Station
0.54 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

Let's take a walk through the wonderful community surrounding 2529 Larkin Court, Burnaby, BC, where you'll find the listing MLS® R3078498.

As we stroll through the neighborhood, you'll notice that the charming home at 2529 Larkin Court is serviced by Lyndhurst Elementary School, located a convenient 0.24 km away. While the school's current rating is not available, families love this area because of its excellent educational opportunities. Just down the road, you'll also find Burnaby Mountain Secondary School, approximately 1.36 km from the property.

For families who prefer independent schools, Mediated Learning Academy is the closest elementary school, rated No Rating, and situated 0.71 km from the home. Similarly, the closest secondary independent school is also Mediated Learning Academy, with a rating of No Rating and a distance of 0.71 km from the property.

Now, let's talk about safety in the area. According to the latest statistics from Statistics Canada's 2020 report, the neighborhood surrounding 2529 Larkin Court, Burnaby, BC experienced 15,851 disturbances. The overall crime rate near the address, which is 6,145.56, is considered Below Average compared to other Canadian cities. Over the years, the crime rate has decreased by 11.13%.

As we explore the local crime statistics, it's worth noting that the drug crime rate is also Below Average, with a rating of 126.78 and 327 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is 2.35%. Property crimes in the area are Average, with a rating of 3,691.76 and 9,522 incidents in 2020. The year-over-year change in the property misconduct rate is -17.54%.

In terms of violent crimes, the area is Low, with a rate of 893.28 and 2,304 incidents in 2020.

Now, let's discuss the amenities in the neighborhood. The closest bus station to 2529 Larkin Court, Burnaby, BC is Eastbound Como Lake Ave @ North Rd, approximately 0.27 km away.

As we delve into the demographics of the area, you'll notice that 33.7% of the population in this neighborhood, adjacent to 2529 Larkin Court, hold a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 10.4% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

Regarding income levels, the median household income near the dwelling with the address 2529 Larkin Court, Burnaby, BC is $85,760, which is Above Average in comparison to the British Columbia average. The median personal income near this dwelling is $37,696, also Above Average compared to the BC average. Furthermore, 66.1% of households in this census subdivision have a mortgage, which is Above Average.

In terms of employment, the unemployment rate in the area around Real Estate Listing # R3078498 is 5.3%, which is Low compared to other province neighborhoods.

As we explore the community's growth and population density, you'll see that the population change between 2011 and 2016 was -1.4%, which is Below Average compared to the average growth rate of this region. The population density per square kilometer in this community, near the address 2529 Larkin Court, Burnaby, BC, is 3,293.1, which is Above Average.

Regarding family dynamics, the average size of families in the area adjacent to the home for sale 2529 Larkin Court is 3, which is Above Average compared to the whole region. The percent of families with children nearby the Real Estate Listing - MLS® R3078498 is 71.8%, which is High. On the other hand, the percent of married or living common law is around 58.5%, which is Average.

In terms of age demographics, the average age of the population close to the 2529 Larkin Court is 38.4, which is Below Average compared to other BC cities.

Now, let's discuss the local economy. The average value of dwellings in this neighborhood, around 2529 Larkin Court, Burnaby, BC, is $707,075, which is High compared to other areas in British Columbia. Average owner payments are also Above Average in the area adjacent to 2529 Larkin Court, with owners spending $1,402 on average for the dwelling. Tenants in the district close to MLS® R3078498 are paying $1,328 on average, which is High compared to other cities.

Regarding housing types, 19.9% of the population in this district near the 2529 Larkin

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 $1,299,000
Burnaby $1,906,667
Oakdale 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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