306 438 Gamma Ave, Burnaby, BC | MLS^® R3069534 Property Details

$579,000 for an outright sale, or $599,000 with a rent back option providing a 4% net annual return base on the net purchase price, inclusive of tenant replacement, strata fee, internet, hydro, utilities and regular housekeeping. South facing view of Metro Town, close to public transportation and shopping. The property has been very well maintained, move in ready. Open House December 21st Sunday 2-4 PM

General Info

Price $579,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 598

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement Full

Basement Features BasementFeatures

Property Metrics

Year Built 2016

Age Of Building 9

Building Type Apartment/Condo

Property Type Residential

Stories 4

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3069534

Area Burnaby North

Neighbourhood Capitol Hill BN

City Burnaby

Gross Taxes $1,745.7

Ownership Type Freehold Strata

Maintenance Fee $454.8

Community Features Shopping Nearby

Amenities Nearby Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 0

Heating Type Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Garage Door Opener

Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Rental Restrictions -

Zoning RM3C2

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Mixed

Foundation Concrete Perimeter

Interior Features Elevator

Locker 1

View -

View Description -

Units In Development 30

Exterior Features Balcony

Sewer Public Sewer

Roof Other, Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Other	13' x 13' ft
Main Level	Dining Room	8' x 8' ft
Main Level	Kitchen	5' x 5' ft
Main Level	Bedroom	12'9 x 12'9 ft

Listed by: Royal Pacific Realty Corp.

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

Alpha Secondary School

0.61 km

Elementary

Confederation Park Elementary School

Average

0.35 km

5.6/10

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

Private Schools

Elementary

Holy Cross Elementary School

1.12 km

10/10

Excellent

Elementary, Secondary

Kenneth Gordon Maplewood School

3.55 km

3.2/10

Below Average

Closest Transit

Bus Stop

Westbound Hastings St @ Gamma Ave

0.14 km

Skytrain

Skytrain @ Brentwood Stn

1.72 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 the vibrant neighborhood of Capitol Hill in Burnaby, BC, where you'll find the beautiful property at 306 438 Gamma Avenue. This stunning home, listed with MLS^® R3069534, is a fantastic place to call home, and I'm excited to share with you all the wonderful features and amenities that make this area so special.

Let's start with the schools. Confederation Park Elementary School, rated 5.6/10, is just a short 0.35 km stroll from this property. This school is a great option for families, and I've heard from many parents that they appreciate the strong sense of community and excellent education their children receive. Just a bit further away, you'll find Alpha Secondary School, rated No Rating, which is a great option for students looking for a secondary education.

For families looking for an independent school option, Holy Cross Elementary School is just 1.12 km away, with a rating of 10/10. It's a fantastic choice for families who value a unique educational experience. Additionally, Kenneth Gordon Maplewood School, rated 3.2/10, is approximately 3.55 km away, offering another great option for families seeking an independent secondary school.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has a Below Average crime rate, with a total of 6,145.56 incidents per 100,000 population. This is a testament to the strong sense of community and low crime rate in this area. Specifically, the drug crime rate is also Below Average, with a rating of 126.78, and there were 327 illegal substances lawbreaking disturbances in 2020. Year by year, the illegal substances offences ranking has seen a 2.35% change.

In terms of property crimes, this neighborhood is Average, with a rating of 3,691.76 and 9,522 incidents in 2020. The year-by-year change in the property misconduct rate is -17.54%. Lastly, violent crime rate is Low, with a rating of 893.28, and there were 2,304 violent lawbreaking disorders in 2020.

For commuters, the Westbound Hastings St @ Gamma Ave bus station is just 0.14 km away from this property with MLS^® R3069534.

Now, let's dive into the demographics of this area. Approximately 22.5% of the population in this neighborhood has a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 16.5% of the population has no certificate or degree, which is Average compared to the average in BC.

Median household income in this area is $81,280, which is Above Average compared to the British Columbia average. Median personal income is $30,395, which is Below Average compared to the BC average. Interestingly, 43.5% of households in this area have a mortgage, which is Low compared to other neighborhoods.

Unemployment rate in this area is 6%, which is Below Average compared to other province neighborhoods.

This neighborhood has seen a population change of 0.6% between 2011 and 2016, which is Average in comparison to average growth rate of this region. Population density per square kilometer in this community is 3,671.8, which is High.

Average family size in this area is 2.9, which is Average compared to the whole region. Approximately 65.1% of families in this area have children, which is Above Average. Moreover, 58.5% of the population is married or living common law, which is Average.

Average age of the population in this area is 42.4, which is Average in comparison to other BC cities. Average value of dwellings in this neighborhood is $1,463,523, which is High compared to other areas in British Columbia.

Average owner payments in this area are Above Average, with owners spending an average of $1,542 on their dwellings. Tenants, on the other hand, are paying an average of $1,146, which is also Above Average compared to other cities.

Approximately 25.6% of the population in this area are renters, which is Average compared to other BC cities and areas.

Language-wise, English and French speakers make up 5% of the population, which is Below Average. However, 89.5% of the population speaks only English, which is Average. On the other hand, 0.1% of the population speaks only French, which is Low.

Lastly, 21.5% of the population in this area uses public transport, which is Above Average. 72.8% of the population uses cars, which is Below Average. 0.8% of the population uses bicycles, which is Below Average,