404 6240 Mckay Ave, Burnaby, BC | MLS^® R3024660 Property Details

15.02% cheaper than comparables

open house 2-4pm Sun on Nov 2nd. Facing skytrain and a bit noisy. Need reno before moving in. Centrally located, spacious 2 bedroom + den and 2 bathroom unit, the den can be a 3rd bedroom. Featuring a bright open layout. The building was re-piped in 2016, new lobby, new elevators new landscaped garden terrace, swimming pool w/hot tub + sauna. Comes with 1 parking & 1 storage locker. Extremely convenient, walking distance to Metrotown mall, Crystal Mall, VPL Public library across the street, Skytrain station, restaurants, banks and shops.

General Info

Price $739,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1165

Lot Size -

Lot Size Depth Feet

Lot Size Frontage 0

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1990

Age Of Building 35

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3024660

Area Burnaby South

Neighbourhood Metrotown

City Burnaby

Gross Taxes $2,122.35

Ownership Type Freehold Strata

Maintenance Fee $312.37

Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Front Access

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning RM5

Rental Suites -

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator

Locker 1

View -

View Description -

Units In Development -

Exterior Features No Outdoor Area

Sewer Public Sewer

Roof Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	22'6 x 22'6 ft
Main Level	Eating Area	10'11 x 10'11 ft
Main Level	Kitchen	10'8 x 10'8 ft
Main Level	Primary Bedroom	14'5 x 14'5 ft
Main Level	Bedroom	10'11 x 10'11 ft
Main Level	Den	10'11 x 10'11 ft

Listed by: Nu Stream 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

1.89 km

Elementary

Maywood Community School

Average

0.63 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, Secondary

Deer Lake School

2.26 km

Elementary, Secondary

Deer Lake School

2.26 km

Closest Transit

Bus Stop

Metrotown Station @ Bay 10

0.06 km

Skytrain

Skytrain @ Metrotown Stn

0.17 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Possible

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 Metrotown, specifically 404 6240 Mckay Avenue, Burnaby, BC, where MLS listing R3024660 awaits your discovery. As we stroll through this charming area, I'm excited to share with you the unique aspects that make it an ideal place to call home.

Education

Our community is proud to be serviced by Maywood Community School, a fantastic institution with a 4.5/10 rating, just 0.63 km from your future home at 404 6240 Mckay Avenue. Maywood Community School is a great option for families, and with Burnaby South Secondary School just 1.89 km away, your child's educational journey will be well-supported. Deer Lake School, an independent elementary school, is also within reach at 2.26 km, offering No Rating but a unique learning experience.

Safety

Let's talk about safety, a top priority for any homeowner. The crime data from Statistics Canada (2020) reveals a Below Average crime rate of 6,145.56 incidents per 100,000 population. Compared to other Canadian cities, this rate is indeed Below Average. The year-over-year change in the total crime rate is a remarkable -11.13%. When it comes to drug-related crimes, the rating is also Below Average, with 126.78 incidents and a 2.35% year-over-year change. Property crimes are Average, with 3,691.76 incidents and a -17.54% year-over-year change. Violent crimes are Low, with 893.28 incidents and a -5.51% year-over-year change.

Lifestyle

Metrotown is a bustling neighborhood with plenty of amenities to enjoy. The closest Bus station is Metrotown Station @ Bay 10, just 0.06 km away from 404 6240 Mckay Avenue. This convenient transit option makes it easy to get around without a car. Let's take a look at the demographics: 38.9% of residents have a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 11.2% of the population has no certificate or degree, which is Low compared to the average.

Community

The median household income in this area is $39,134, which is Low compared to the British Columbia average. However, the median personal income is $18,805, also Low compared to the BC average. The percentage of households with a mortgage is 45.4%, which is Low. Unemployment rates are Below Average at 7%, making this a great place to find employment.

Growth

This community has experienced high population growth between 2011 and 2016, with an impressive 18.9% increase. The population density is 10,461.6 people per square kilometer, which is High. The average size of families is 2.6, which is Low compared to the region. However, 55.1% of families have children, which is Average. The average age of the population is 41.6, which is Average compared to other BC cities.

Real Estate

The average value of dwellings in this neighborhood is $532,612, which is Above Average compared to other areas in British Columbia. Average owner payments are Average, with homeowners spending $1,164 per month. Tenants, on the other hand, are paying $1,332 per month, which is High compared to other cities. 43.1% of the population in this area are renters, which is Above Average compared to other BC cities.

Transportation

Public transportation is a popular choice in this neighborhood, with 33.3% of the population using buses, which is High. However, 51.3% of residents use cars, which is Low. Only 0.5% of people use bicycles, and 13.7% of the population walk, both of which are Low and High, respectively.

In conclusion, 404 6240 Mckay Avenue, Burnaby, BC, MLS listing R3024660, is a fantastic opportunity to own a home in a vibrant and diverse neighborhood. With its Below Average crime rate, High population growth, and Above Average dwelling values, this area has a lot to offer. Come and explore Metrotown today!

404 6240 Mckay Ave, Burnaby, BC, MLS^® R3024660