An opportunity to purchase a boutique low-rise residential development site with holding income and adjacent to Burnaby Heights for redevelopment of up to 6 storeys with the recent amendment of the Burnaby OCP. The property is situated on the southeast corner of Delta Ave and Hastings St with convenient access to Downtown Vancouver, Brentwood Town Centre, SFU and HWY 1. The property, with a lot size of 9,461 SF, is also a block east of Burnaby Heights, a dynamic retail corridor known for its diverse commercial district, friendly merchant culture, and a vibrant community atmosphere. The property is improved with a duplex circa 1947 with 4 rental units. Each rental unit has its own washer & dryer and generate a stable rental income.
General Info
Property Metrics
Additional Details
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Living Room | 9' x 9' ft |
| Main Level | Living Room | 9' x 9' ft |
| Basement Level | Bedroom | 9' x 9' ft |
| Basement Level | Bedroom | 9' x 9' ft |
| Basement Level | Bedroom | 9' x 9' ft |
| Basement Level | Bedroom | 9' x 9' ft |
| Basement Level | Bedroom | 9' x 9' ft |
| Basement Level | Living Room | 9' x 9' ft |
| Basement Level | Living Room | 9' x 9' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
| Basement | No | #3 |
| Basement | No | #3 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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Welcome to 420 Delta Avenue, a beautiful home located in the heart of Capitol Hill, Burnaby, BC. As we step inside, you'll notice the warmth and charm of this property, listed as MLS# R3079448. Let me guide you through the community, highlighting the best features and insider tips.
Education
Capitol Hill Elementary School, rated 7.6/10, is just a short 0.85 km stroll from our home at 420 Delta Avenue, Burnaby, BC (MLS# R3079448). This school is a popular choice among families, and for good reason - it offers a nurturing environment and strong academic programs. Just down the road, we also find Burnaby North Secondary School, located 1.4 km from our home, with a rating of No Rating. For those seeking alternative education options, the nearby Holy Cross Elementary School, rated 10/10, is a great choice, located just 1 km from our property.
Safety
According to Statistics Canada's 2020 report, our neighborhood has a crime rate of 6,145.56, which is below average compared to other Canadian cities. In fact, the year-over-year change in crime rate is a remarkable -11.13%. You can feel safe knowing that our community is well-patrolled, and the crime rate is decreasing. As we walk around the neighborhood, you'll notice the well-maintained streets and beautiful gardens, making it a great place to call home.
Lifestyle Amenities
As we explore the community, you'll discover a range of lifestyle amenities within walking distance. The closest bus station, Westbound Hastings St @ Hythe Ave, is just 0.08 km away, making it easy to get around the city. For nature lovers, the nearby parks and trails offer a peaceful escape from the hustle and bustle of city life. And for foodies, the variety of restaurants, cafes, and grocery stores in the area ensure you'll never go hungry.
Demographics
Our neighborhood is home to a diverse range of residents, with 22.5% of people holding a university certificate or degree, which is above average compared to other BC neighborhoods. The median household income is a comfortable $81,280, also above average for the province. You'll find a mix of families and singles living in the area, with 65.1% of families having children, making it a great community for families.
Transit
With the closest bus station just 0.08 km away, getting around the city is easy. The bus route offers convenient access to major highways and other parts of the city. For those who prefer to drive, the nearby highway provides quick access to other parts of the city and surrounding areas.
Real Estate Context
The average value of dwellings in our neighborhood is a staggering $1,463,523, which is high compared to other areas in British Columbia. With an average owner payment of $1,542, you can feel confident that your investment is secure. And for renters, the average rent payment is $1,146, also above average for the city.
Community
With a population density of 3,671.8 people per square kilometer, our neighborhood is a vibrant and bustling community. The average family size is 2.9, which is average for the region. You'll find a mix of young and old, with 58.5% of residents being married or in a common-law relationship, making it a great place to raise a family.
As we conclude our tour of 420 Delta Avenue, Burnaby, BC (MLS# R3079448), I hope you've fallen in love with this beautiful home and the community it's in. With its excellent schools, low crime rate, and convenient location, this home is a great choice for families and individuals alike. Don't miss out on this opportunity to make 420 Delta Avenue your dream home.
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