4060 FOREST ST, Burnaby BC V5G 1X1, Burnaby, BC

$1,988,000
Est. Mortgage /mo

MLS® R2838960

Closed

$1,935,000
Closed at 03 Jul 2024
Listing price: $1,988,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
4 Baths
2 Stories
lot 7128 sqft
2268 sqft
1970 built
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Map
Street view
Schools
Crime
Commute
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Property details

Welcome to 4060 Forest Street located in Burnaby South - Burnaby Hospital area. This non-conforming side by side duplex measures 7128sqft 66x108 R5 Lot. Currently fully tenanted 3 bedrooms and 1 and half bath per side. Great rental income and fantastic central location. Easy access to Hwy 1 and Vancouver Eastside. Close to BCIT, Moscrop Secondary, and Cascade Heights Elementary and Burnaby Hospital. This property is rare to find! Contact today!

General Info

Price $1,988,000
Total Bedrooms 6
Total Bathrooms 2
Half Bathrooms 2
Floor Area Total (sqft) 2268
Lot Size 7128
Lot Size Depth Feet
Lot Size Frontage 66
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1970
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2838960
Area Burnaby South
Neighbourhood Burnaby Hospital
City Burnaby
Gross Taxes $5,725.22
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Carport Multiple, Rear Access, Side Access, Driveway
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R5
Rental Suites Other
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer
Roof Torch-On

Property History

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Status Date Price
Active - $3,199,898
Sold 07-03-2024 $1,988,000
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Listed by: Sutton Group - Vancouver First Realty

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

Elementary
Cascade Heights Elementary
Average
0.57 km
Rating 6.2/10
Secondary
Moscrop Secondary School
0.82 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Vancouver Christian School
1.33 km
Rating 9.8/10
Secondary
Whytecliff Agile Learning Centre (Burnaby)
0.95 km
No Rating

Closest Transit

Translink
Eastbound Kincaid St @ MacDonald Ave
0.16 km

4060 FOREST STREET, Burnaby BC V5G 1X1 is serviced by Cascade Heights Elementary. The property with listing MLS® R2838960 is located 0.57 km from the school. Cascade Heights Elementary has a rating of Rating 6.2/10.

This home with address 4060 FOREST STREET, Burnaby BC V5G 1X1, Burnaby, BC is also serviced by Moscrop Secondary School and located 0.82 km from it. Moscrop Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 4060 FOREST STREET, Burnaby BC V5G 1X1 is Vancouver Christian School with School's rating Rating 9.8/10, located 1.33 km from this home.

The closest to this address 4060 FOREST STREET, Burnaby BC V5G 1X1 Secondary independent school is Whytecliff Agile Learning Centre (Burnaby) with School's rating No Rating, located 0.95 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 4060 FOREST STREET, Burnaby BC V5G 1X1, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2838960 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 4060 FOREST STREET, Burnaby BC V5G 1X1 are Average. Property misconduct rating adjacent to MLS® R2838960 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Eastbound Kincaid St @ MacDonald Ave in 0.16 km away from this listing with - MLS® R2838960.

27.3% of people with university certificate/degree live in this neighbourhood adjacent to the 4060 FOREST STREET, Burnaby BC V5G 1X1 which is Above Average in comparison with other BC neighbourhoods. 16.4% of population in this neighbourhood that is near the Listing MLS® R2838960 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 4060 FOREST STREET, Burnaby BC V5G 1X1, Burnaby, BC is $69717 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2838960 is $30400 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.9% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2838960 is 7.3 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 4060 FOREST STREET, Burnaby BC V5G 1X1 Burnaby Hospital where population change between 2011 and 2016 was 2.1%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 4060 FOREST STREET, Burnaby BC V5G 1X1, Burnaby, BC is 2328.6 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 4060 FOREST STREET, Burnaby BC V5G 1X1 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2838960 is 60.6% and it is Average. % of Married or living common law is around 54.1% and it is Below Average.

Average age of the population close to the 4060 FOREST STREET, Burnaby BC V5G 1X1 is 43.6 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 4060 FOREST STREET, Burnaby BC V5G 1X1, Burnaby, BC is $998769 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 4060 FOREST STREET, Burnaby BC V5G 1X1. $1447 owners spent in average for the dwelling. Tenants are paying $1102 in this district close to MLS® R2838960 and it is Above Average comparing to other cities.

32.9% of Population in this district near the 4060 FOREST STREET, Burnaby BC V5G 1X1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 4060 FOREST STREET, Burnaby BC V5G 1X1, Burnaby, BC is 5.2%, it is Below Average, % of English speakers only is 88.3% and Below Average. % of French speakers adjacent to 4060 FOREST STREET, Burnaby BC V5G 1X1 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 4060 FOREST STREET, Burnaby BC V5G 1X1, Burnaby, BC is 6.3% and it is High comparing to other BC cities.

26.1% of all population in the area around this property with the address 4060 FOREST STREET, Burnaby BC V5G 1X1, Burnaby, BC using Public Transport which is High, 67.6% of using population are using Cars around MLS® R2838960, which is Low. 1.5% of people using Bicycles around the 4060 FOREST STREET, Burnaby BC V5G 1X1 and it is Above Average. 4.1% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,988,000
Burnaby $1,792,333
Burnaby Hospital 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
Call or Text Now!
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