5070 LORRAINE AVE, Burnaby BC V5G 2S2, Burnaby, BC

$1,948,000
Est. Mortgage /mo

MLS® R2764690

Closed

$1,870,000
Closed at 08 Aug 2023
Listing price: $1,948,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
2 Baths
2 Stories
lot 5830 sqft
2207 sqft
1955 built
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Property details

WONDERFUL OPPORTUNITY TO INVESTORS AS WELL AS NEW HOME BUYERS IN A CENTRAL LOCATION IN BURNABY! Bring your Renos ideas!! R5 Zoning. 53 x 110 Lot with Back Lane access. 2 Level Solid Bungalow. 2,207 sq ft livable space. 2 Bedrooms Up, 2 Bedrooms down. 2 Bathrooms. 2 Kitchens. Shared laundry. Basement has a separate entrance. Quiet Residential Family Neighborhood. Great holding property with lots of potential. Peekaboo mountain views off the covered sundeck. Open Parking. Close to Metrotown Shopping, Crystal Mall, Old Orchard Shopping, Central Park, Burnaby Hospital. Close to K-7 Inman Elementary, Moscrop Secondary, BCIT, SFU.

General Info

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Property History

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Status Date Price

Listed by:

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
École Inman Elementary
Average
0.41 km
Rating 6.3/10
Secondary
Moscrop Secondary School
1.35 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
St.Mary's School
Above Average
0.86 km
Rating 9.4/10
Secondary
Whytecliff Agile Learning Centre (Burnaby)
1.65 km
No Rating

Closest Transit

Translink
Northbound Smith Ave @ Brandon St
0.16 km

5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 is serviced by École Inman Elementary. The property with listing MLS® R2764690 is located 0.41 km from the school. École Inman Elementary has a rating of Rating 6.3/10.

This home with address 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2, Burnaby, BC is also serviced by Moscrop Secondary School and located 1.35 km from it. Moscrop Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 is St.Mary's School with School's rating Rating 9.4/10, located 0.86 km from this home.

The closest to this address 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 Secondary independent school is Whytecliff Agile Learning Centre (Burnaby) with School's rating No Rating, located 1.65 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 - 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2, 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® R2764690 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 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 are Average. Property misconduct rating adjacent to MLS® R2764690 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 Northbound Smith Ave @ Brandon St in 0.16 km away from this listing with - MLS® R2764690.

32.1% of people with university certificate/degree live in this neighbourhood adjacent to the 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 which is Above Average in comparison with other BC neighbourhoods. 15% of population in this neighbourhood that is near the Listing MLS® R2764690 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 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2, Burnaby, BC is $78720 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2764690 is $27166 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 43% which is Low.

Unemployment rate in the area around Real Estate Listing # R2764690 is 7.2 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 Central Park BS where population change between 2011 and 2016 was 1.3%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2, Burnaby, BC is 3807.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2764690 is 71.3% and it is High. % of Married or living common law is around 57.9% and it is Average.

Average age of the population close to the 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 is 40.6 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2, Burnaby, BC is $1439747 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2. $1573 owners spent in average for the dwelling. Tenants are paying $1138 in this district close to MLS® R2764690 and it is Above Average comparing to other cities.

29.8% of Population in this district near the 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2, Burnaby, BC is 4.6%, it is Below Average, % of English speakers only is 86.3% and Below Average. % of Neither English nor French speakers close to home for sale 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2, Burnaby, BC is 9% and it is High comparing to other BC cities.

27.4% of all population in the area around this property with the address 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2, Burnaby, BC using Public Transport which is High, 67.7% of using population are using Cars around MLS® R2764690, which is Low. 1.3% of people using Bicycles around the 5070 LORRAINE AVENUE, Burnaby BC V5G 2S2 and it is Average. 2.9% of population are walking which is Below 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 $1,948,000
Burnaby $2,369,744
Central Park BS 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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